Production possibilities

-In the above table, the opportunity cost of the 2nd pizza is
A) 0 cases of soda per pizza.
B) 15 cases of soda per pizza.
C) 95 cases of soda per pizza.
D) 80 cases of soda per pizza.

Question

Production possibilities
 
-In the above table, the opportunity cost of the 2nd pizza is
A) 0 cases of soda per pizza. 
B) 15 cases of soda per pizza. 
C) 95 cases of soda per pizza. 
D) 80 cases of soda per pizza.

Quizplus · Accepted Answer

The opportunity cost of the 2nd pizza is the amount of soda given up to produce it, which is 15 cases per pizza.

Production Possibilities -In the Above Table, the Opportunity Cost of the 2nd