(Table) Suppose an economy can produce the combinations of bread and cookies shown in the table. The opportunity cost of increasing bread production from 25 loaves to 50 loaves is _____ and the opportunity cost of increasing bread production from 50 loaves to 75 loaves is _____. $$\begin{array} { c c }
\begin{array} { c }
\text { Bread } \
\text { (loaves) }
\end{array} & \begin{array} { c }
\text { Cookies } \
\text { (dozens) }
\end{array} \
0 & 100 \
25 & 90 \
50 & 75 \
75 & 45 \
100 & 0
\end{array}$$

Question

(Table) Suppose an economy can produce the combinations of bread and cookies shown in the table. The opportunity cost of increasing bread production from 25 loaves to 50 loaves is _____ and the opportunity cost of increasing bread production from 50 loaves to 75 loaves is _____. $$\begin{array} { c c } 
\begin{array} { c } 
\text { Bread } \
\text { (loaves) }
\end{array} & \begin{array} { c } 
\text { Cookies } \
\text { (dozens) }
\end{array} \
0 & 100 \
25 & 90 \
50 & 75 \
75 & 45 \
100 & 0
\end{array}$$

Quizplus · Accepted Answer

The opportunity cost of increasing bread production from 25 to 50 loaves is the decrease in cookies from 90 to 75 dozen, which is 15 dozen cookies. From 50 to 75 loaves, cookies decrease from 75 to 45 dozen, which is 30 dozen cookies.

(Table) Suppose an Economy Can Produce the Combinations of Bread