LaTonya can make 4 cakes or 10 pies in one day working at the bakery. Tom can make, 8 cakes or 33 pies in one day working at the bakery. What is LaTonya's opportunity cost of producing 1 pie? Round your answer to one decimal place. Be sure to enter the correct units for what they are giving up. Your Answer: Answer units

LaTonya can make 4 cakes or 10 pies in one day working at the bakery. Tom can make, 8 cakes or 33 pies in one day working at the bakery. What is LaTonya's opportunity cost of producing 1 pie? Round your answer to one decimal place. Be sure to enter the correct units for what they are giving up. Your Answer: Answer units

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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