Question 3: Using the below chart, complete the opportunity cost column based on the shifts between bundles, then draw a PPF and graph the bundles. Opportunity

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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show graph for pizzas and shoes

Question 3: Using the below chart, complete the opportunity cost column based on the shifts between bundles,
then draw a PPF and graph the bundles.
Bundle
# of Pizzas
1
2
3
4
5
6
50
47
42
31
15
10
# of Shoes
1
10
17
22
24
24
Shift from
1 to 2
2 to 3
3 to 4
4 to 5
Opportunity
Cost of Shoes
Transcribed Image Text:Question 3: Using the below chart, complete the opportunity cost column based on the shifts between bundles, then draw a PPF and graph the bundles. Bundle # of Pizzas 1 2 3 4 5 6 50 47 42 31 15 10 # of Shoes 1 10 17 22 24 24 Shift from 1 to 2 2 to 3 3 to 4 4 to 5 Opportunity Cost of Shoes
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