Opportunity cost of one consumer good

Assignment Help Business Economics
Reference no: EM133127266

Using the PPC table below, calculate the opportunity cost of producing one more of one good in terms of the other (as asked below), between each point (between A & B; B & C; etc.).

Don't Include the negative sign or the words 'Capital' or 'Consumer'

Combination

Consumer

Capital

A

0

191

B

 40

187

C

80

175

D

120

153

E

160

114

F

200

0

1.  What is the opportunity cost of one consumer good from A to B: 

2: What is the opportunity cost of one consumer good from B to C:

3: What is the opportunity cost of one consumer good from C to D:

4: What is the opportunity cost of one capital good from F to E:

5: What is the opportunity cost of one capital good from E to D: 

Reference no: EM133127266

Questions Cloud

Expected purchase price of the appliance package : Assume you plan to replace your kitchen appliances in 4 years with an appliance package similar to one that sells for $10,000 today. Each answer is worth 2 poin
How is mental health provided in united states : How is mental health provided in the United States? Discuss the major factors contributing to the high costs of healthcare and why they are important.
Explain compounding interest-simple interest in real estate : What is the difference between compounding interest vs simple interest in real estate? And how do they contribute to the real estate market?
Business model and business operations : Are the business model and business operations of the fintech JP Morgan Chase more sustainable (from an environmental, social and good governance perspective) t
Opportunity cost of one consumer good : Using the PPC table below, calculate the opportunity cost of producing one more of one good in terms of the other (as asked below), between each point (between
Explain the economic concepts : Fully explain the economic concepts being discussed in each question. Provide real-world examples when asked. Please fully explain your examples.
Five key stakeholders and your communication strategy : Describe your life cycle approach used to manage your project and why? Describe at least five key stakeholders and your communication strategy
What is the new exhaustion factor : What is the new exhaustion factor that applies following this new study?
Probability distributions of the project variables : This method attempts to construct the probability distribution of a project's performance measure (e.g., NPW) by repeated sampling from the random variable prob

Reviews

Write a Review

Business Economics Questions & Answers

  Identify five activities you do to enhance production

Identify five activities you do to enhance production (but not counted as cost of production at moment) which should actually be counted as part of your implicit cost.

  Possibility frontier exhibiting increasing opportunity costs

Cattletown steakhouse is a restaurant known for its steak meal and hamburger basket. Draw a graph showing a production possibility frontier exhibiting increasing opportunity costs.

  Most large urban areas have mass transit and railway system

Most large urban areas have a mass transit and railway system that facilitates travel within the city, and in some cases, between the city and its neighboring areas and suburbs. What are the benefits and costs of maintaining a mass public transport s..

  Illustrate the overall value of computing services

they have the same demand curve for computer services. Use a graph to illustrate the overall value of computing services to the consumer. What does this imply about the profit maximizing price HAL can charge for the computer hardware.

  Research on influence of globalisation on economy

You are to undertake research on the influence of globalisation on an economy, China.

  Hazardous wastes containing methylene chloride

A railcar of hazardous wastes containing methylene chloride (CAS # 75-09-2) is leaking near a residential neighborhood.

  The operating cost of a broiler

The operating cost of a broiler is $20,000 per year for years 1 and 2 and then it increases by 6% per year through year 10. What is the equivalent uniform cost of the broiler (years 1-10) at an interest rate of 9% per year

  Disabled and experienced severe financial difficulty

In the case Discover Bank v. Owens, Owens received a Discover credit card with a limit of $1.900 and charged $1.460. The credit card agreement allowed Discover to add fees and increase her interest rate when Owens paid her bill late or did not pay in..

  Adverse selection or moral hazard

Use the following table to classify each explanation for the high rate as an instance of either adverse selection or moral hazard.

  Budget surplus to reduce the existing debt

Which of the following would occur if the federal government decided to use a budget surplus to reduce the existing debt.

  Illustrate what is level of consumption at the equilibrium

Compute the equilibrium level of income. Illustrate what is the level of consumption at the equilibrium level of income.

  Case-training methods for bank tellers

BB&T Corporation, headquartered in Winston-Salem, North Carolina is among the nation's top financial holding companies, with $152 billion in assets.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd