Sara and Fran produce boards and sails for windsurfing. The tables show their production possibilities. Each week, Sara produces 8 boards and 6 sails and Fran produces 9 boards and 12 sails. What is Sara's opportunity cost of producing a board? What is Fran's opportunity cost of producing a board? Who has the comparative advantage in production? Sara's opportunity cost of producing a board is Fran's opportunity cost of producing a board is >>> Answer to 1 decimal place below. has a comparative advantage in producing sails. sails. OA. Sara; boards because her opportunity cost of producing a board is lower than Fran's opportunity cost of producing a board OB. Sara; sails because her opportunity cost of producing a sail is higher than Fran's opportunity cost of producing a sail OC. Fran; boards because she produces more boards than Sara OD. Fran; sails because her opportunity cost of producing a sail is less than her opportunity cost of producing a board

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Sara and Fran produce boards and sails for windsurfing.
The tables show their production possibilities.
Each week, Sara produces 8 boards and 6 sails and Fran produces 9 boards and
12 sails.
What is Sara's opportunity cost of producing a board?
What is Fran's opportunity cost of producing a board?
Who has the comparative advantage in production?
Sara's opportunity cost of producing a board is
Fran's opportunity cost of producing a board is
>>> Answer to 1 decimal place below.
has a comparative advantage in producing
sails.
sails.
O A. Sara; boards because her opportunity cost of producing a board is lower
than Fran's opportunity cost of producing a board
OB. Sara; sails because her opportunity cost of producing a sail is higher than
Fran's opportunity cost of producing a sail
OC. Fran; boards because she produces more boards than Sara
OD. Fran; sails because her opportunity cost of producing a sail is less than
her opportunity cost of producing a board
Fram
Transcribed Image Text:Sara and Fran produce boards and sails for windsurfing. The tables show their production possibilities. Each week, Sara produces 8 boards and 6 sails and Fran produces 9 boards and 12 sails. What is Sara's opportunity cost of producing a board? What is Fran's opportunity cost of producing a board? Who has the comparative advantage in production? Sara's opportunity cost of producing a board is Fran's opportunity cost of producing a board is >>> Answer to 1 decimal place below. has a comparative advantage in producing sails. sails. O A. Sara; boards because her opportunity cost of producing a board is lower than Fran's opportunity cost of producing a board OB. Sara; sails because her opportunity cost of producing a sail is higher than Fran's opportunity cost of producing a sail OC. Fran; boards because she produces more boards than Sara OD. Fran; sails because her opportunity cost of producing a sail is less than her opportunity cost of producing a board Fram
Sara's Production Possibilities
Boards
(per week)
20
16
12
8
4
0
Fran's Production Possibilities
Boards
(per week)
O wa NG
15
12
and
and
and
and
and
and
and
and
and
and
and
and
Sails
(per week)
ON 468 g
10
Sails
(per week)
0
6
12
18
24
30
Nex
Transcribed Image Text:Sara's Production Possibilities Boards (per week) 20 16 12 8 4 0 Fran's Production Possibilities Boards (per week) O wa NG 15 12 and and and and and and and and and and and and Sails (per week) ON 468 g 10 Sails (per week) 0 6 12 18 24 30 Nex
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