Combination Cinnamon metric tons (X axis) Nutmeg metric tons (Y axis) A 7,000 0 B 6,000 7,000 C 4,500 11,000 D 2,500 14,000 E 0 16,000 What is the opportunity cost (amount & item) of the first 7,000 tons of nutmeg produced? ______________________ What is the opportunity cost (amount & item) of increasing production from 7,000 tons of nutmeg to 11,000 tons of nutmeg ? _____
|
Combination |
Cinnamon metric tons (X axis) |
Nutmeg metric tons (Y axis) |
|
A |
7,000 |
0 |
|
B |
6,000 |
7,000 |
|
C |
4,500 |
11,000 |
|
D |
2,500 |
14,000 |
|
E |
0 |
16,000 |
What is the
What is the opportunity cost (amount & item) of increasing production from 7,000 tons of nutmeg to 11,000 tons of nutmeg ? ________________
What is the opportunity cost (amount & item )of increasing production from 11,000 tons of nutmeg to 14,000 tons of nutmeg ? _____________
What is the opportunity cost (amount & item) of increasing production from 14,000 tons of nutmeg to 16,000 tons of nutmeg ? ________________
What is happening to the opportunity cost as Copperton produces more nutmeg? ____________________________________
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