Antonio and Elyse are two woodworkers who both make kitchen cabinets and bathroom vanities. In one month, Antonio can make 12 kitchen cabinets or 36 bathroom vanities, where Elyse can make 10 kitchen cabinets or 50 bathroom vanities. What is the opportunity cost of 1 kitchen cabinet?

Question

Quizplus · Accepted Answer

The opportunity cost of 1 kitchen cabinet for Antonio is 36 bathroom vanities / 12 kitchen cabinets = 3 bathroom vanities. For Elyse, it's 50 bathroom vanities / 10 kitchen cabinets = 5 bathroom vanities.

Antonio and Elyse Are Two Woodworkers Who Both Make Kitchen