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Use the Table the Supply Schedule for Beaded Necklaces

Question 15

Multiple Choice

Use the table The Supply Schedule for Beaded Necklaces. What can be inferred about Abby when the price of necklaces is $20?

Use the table The Supply Schedule for Beaded Necklaces. What can be inferred about Abby when the price of necklaces is $20? ​   A)  Her opportunity cost of producing a necklace is higher than $20. B)  Her total cost of producing a typical necklace when she produced four necklaces is higher than $20. C)  She has a net gain of producing necklaces when the price less than $20. D)  She values the opportunity cost of her time to produce one necklace at $20.


A) Her opportunity cost of producing a necklace is higher than $20.
B) Her total cost of producing a typical necklace when she produced four necklaces is higher than $20.
C) She has a net gain of producing necklaces when the price less than $20.
D) She values the opportunity cost of her time to produce one necklace at $20.

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