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
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
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8aca326f-324e-4173-b188-192d48e02cc0%2Fc7706ad2-1ba8-47f3-b21c-f9abdbcf7276%2F13qo2p_processed.jpeg&w=3840&q=75)
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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