A factory manufactures bags and shoes.There are two workers in the factory.The number of bags or pairs of shoes that each of them can produce in a day is given in the table below:

a)What is the opportunity cost of producing a bag for each worker?
b)Which worker should specialize in the production of shoes and why?

Question

A factory manufactures bags and shoes.There are two workers in the factory.The number of bags or pairs of shoes that each of them can produce in a day is given in the table below:
  
a)What is the opportunity cost of producing a bag for each worker?
b)Which worker should specialize in the production of shoes and why?

Quizplus · Accepted Answer

The Answer of A factory manufactures bags and shoes.There are two workers in the factory.The number of bags or pairs of shoes that each of them can produce in a day is given in the table below:
  
a)What is the opportunity cost of producing a bag for each worker?
b)Which worker should specialize in the production of shoes and why?

A Factory Manufactures Bags and Shoes