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The Table Above Lists Seven Points on the Production Possibilities

Question 386

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The table above lists seven points on the production possibilities frontier for pizza and CDs. Graph the PPF. What is the opportunity cost of producing the first four pizzas? What is the opportunity cost of producing the 10th pizza. What is the opportunity cost of producing the first 12 CDs? What is the opportunity cost of producing the 26th CD?  Production  point  Milk  (gallons)  Shirts  (number) A0 and 100B2 and 90C4 and 70D6 and 40E8 and 0\begin{array} { | l | l | l | l | } \hline \begin{array} { l } \text { Production } \\\text { point }\end{array} & \begin{array} { l } \text { Milk } \\\text { (gallons) }\end{array} && \begin{array} { l } \text { Shirts } \\\text { (number) }\end{array} \\\hline A & 0 & \text { and } & 100 \\\hline B & 2 & \text { and } & 90 \\\hline C & 4 & \text { and } & 70 \\\hline D & 6 & \text { and } & 40 \\\hline E & 8 & \text { and } & 0 \\\hline\end{array}

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blured image The PPF graph is shown above . The oppo...

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