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The Table Below Shows the Maximum Number of Burgers or Hot

Question 142

Essay

The table below shows the maximum number of burgers or hot dogs that Vinny and The Situation can cook in 1 hour.
a. Fill in the rest of the table with the opportunity cost of burgers and hot dogs for each person. Be sure to include the units.
b. Identify who has a comparative advantage in producing each good.  Maximum  Burgers  Maximum  Hot Dogs  Opportunity  Cost of 1  Burger  Opportunity  Cost of 1 Hot  Dog  Vinuy 3060 The  Situation 5075\begin{array} { | l | l | l | l | l | } \hline & \begin{array} { l } \text { Maximum } \\\text { Burgers }\end{array} & \begin{array} { l } \text { Maximum } \\\text { Hot Dogs }\end{array} & \begin{array} { l } \text { Opportunity } \\\text { Cost of 1 } \\\text { Burger }\end{array} & \begin{array} { l } \text { Opportunity } \\\text { Cost of 1 Hot } \\\text { Dog }\end{array} \\\hline \text { Vinuy } & 30 & 60 & & \\\hline \begin{array} { l } \text { The } \\\text { Situation }\end{array} & 50 & 75 & & \\\hline\end{array}

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