Table 2.1

-Kaitlyn and Larissa have formed a dog bathing and grooming business. The number of dogs they can bathe or groom in any given day is depicted in Table 2.1. As they groom more dogs, the opportunity cost of grooming additional dogs
A) falls.
B) rises.
C) remains constant.
D) depends on the prices being charged.

Question

Table 2.1
 
-Kaitlyn and Larissa have formed a dog bathing and grooming business. The number of dogs they can bathe or groom in any given day is depicted in Table 2.1. As they groom more dogs, the opportunity cost of grooming additional dogs
A) falls. 
B) rises. 
C) remains constant. 
D) depends on the prices being charged.

Quizplus · Accepted Answer

As Kaitlyn and Larissa groom more dogs, the opportunity cost of grooming additional dogs rises. This is because they have a limited capacity and resources, and as they allocate those resources to grooming more dogs, they have to give up other opportunities, leading to an increase in the cost of each additional dog groomed.

Table 2.1 -Kaitlyn and Larissa Have Formed a Dog Bathing and Grooming