Refer to the table below. Pat's opportunity cost of delivering a pizza is making: $$\begin{array} { | l | c | c | }
\hline & \begin{array} { c }
\text { Pizzas } \
\text { Made } \
\text { Per Hour }
\end{array} & \begin{array} { c }
\text { Pizzas } \
\text { Delivered } \
\text { Per Hour }
\end{array} \
\hline \text { Corey } & 12 & 6 \
\hline \text { Pat } & 10 & 15 \
\hline
\end{array}$$
A)12 pizzas
B)10 pizzas
C)3/2 of a pizza
D)2/3 of a pizza

Question

Refer to the table below. Pat's opportunity cost of delivering a pizza is making: $$\begin{array} { | l | c | c | } 
\hline & \begin{array} { c } 
\text { Pizzas } \
\text { Made } \
\text { Per Hour }
\end{array} & \begin{array} { c } 
\text { Pizzas } \
\text { Delivered } \
\text { Per Hour }
\end{array} \
\hline \text { Corey } & 12 & 6 \
\hline \text { Pat } & 10 & 15 \
\hline
\end{array}$$
A)12 pizzas
B)10 pizzas
C)3/2 of a pizza
D)2/3 of a pizza

Quizplus · Accepted Answer

Pat's opportunity cost of delivering a pizza is the number of pizzas he could have made instead. Pat can make 10 pizzas or deliver 15 pizzas per hour. Thus, the opportunity cost of delivering one pizza is 10/15 = 2/3 of a pizza.

Refer to the Table Below A)12 Pizzas B)10 Pizzas C)3/2 of a Pizza D)2/3 of a Pizza

Refer to the Table Below A)12 Pizzas
B)10 Pizzas
C)3/2 of a Pizza
D)2/3 of a Pizza