What is the opportunity cost for jessica to produce

Assignment Help Business Management
Reference no: EM131993949

Jessica and Buster both produce nuts and coffee. They each prefer to consume a diet that is half nuts and half coffee. Both have access to the same resources.If Jessica focuses on producing only coffee, she can produce 20 pounds of coffee in a week. If she only produces nuts, she can produce 40 pounds of nuts in a week.Buster can produce a maximum of 15 pounds of coffee in a week. He could also choose to produce only nuts, in which case he can produce 20 pounds of nuts a week.

a. What is the opportunity cost for Jessica to produce one more pound of nuts? pounds of coffee

b. What is the opportunity cost for Jessica to produce one more pound of coffee? pounds of nuts

c. What is the opportunity cost for Buster to produce one more pound of nuts? pounds of coffee

d. What is the opportunity cost for Buster to produce one more pound of coffee? pounds of nuts

Reference no: EM131993949

Questions Cloud

Strategies of a health care provider organization : Please describe how a population health system can advance the strategies of a health care provider organization.
Company needs to understand the public : The way a company presents itself will affect the way the public views the company. Companies, if done right, can mold and highly affect the public's view
What is a lost horse forecast : How do you make one for your Course Project? Our project is a marketing Plan on a Food Truck in the Washington D.C area
What is the eeoc role : What is the EEOC's role in regard to business and does the court say that the EEOC trumps the arbitration contract between the employee and the employer?
What is the opportunity cost for jessica to produce : a. What is the opportunity cost for Jessica to produce one more pound of nuts? pounds of coffee b. What is the opportunity cost for Jessica to produce one more
Contract for the purchase of the real property : Assume that a contract for the purchase of the real property is ultimately executed, and the family has agreed to vacate the land.
First shipment and was satisfied : Then A received the first shipment and was satisfied. However, after some time, A's customers are leaving as it seems they don't like the smell of B's products.
Watch the video mark zuckerberg on team dynamics : What is Mark Zuckerberg's opinion on managing team dynamics in this video?
Sophisticated inventory adjustment : Which marking intermediary pioneered the use of sophisticated inventory adjustment ans management systems?

Reviews

Write a Review

Business Management Questions & Answers

  Monitor and control strategic plans

Why is it necessary to monitor and control strategic plans? Who should be responsible for monitoring and controlling strategic plans? Why? What are the pitfalls of failing to monitor and control strategic plans?

  Example of a liquidated damages

Research projects online, and provide an example of a liquidated damages formula along with the type of procurement involved. A good place to start: Almost any public works project such as bridges, highways, and buildings.

  Watch the video a med star story

Identify three to five major concepts of systems thinking and then explain how they were applied in the Med Star Story.

  Market development versus product development

If a company has $1 million to spend on a new strategy and is considering market development versus product development

  Manufacturing plant about forming a union

There has been some discussion among the employees in your company's manufacturing plant about forming a union. Company management recognizes the discussion may be due to the absence of a formal grievance procedure to assist employees with reporti..

  Individualized consideration

Individualized Consideration in terms of Transformational Leadership is discussed in the context of Asian vervuv western culture

  Charge of the asian operations for mccain

If you were in charge of the Asian operations for McCain, how would you recommend the company overcome the challenges in the Chinese market?

  Federal employment laws governing staffing

As an employee, what have you experienced regarding the federal employment laws governing staffing?

  Financing to corporations for capital projects

How do bonds provide financing to corporations for their capital projects? What are the key differences between using bonds to finance capital projects and using stock for that purpose?

  Examine an external environmental analysis

Examine an external environmental analysis. Discuss change management and innovation. Controlling Summarize the basic elements of the control process.

  Personal and career objectives for the next five years

Let's say you just got your bachelors degree in accounting and you want to move to the graduate university to get a Masters degree in business administration. In order to be accepted, your recruiter asks you to write One essay answering a) What are y..

  Illustrate what would this organization triple bottom line

Define the Triple Bottom Line concept. Illustrate what efforts toward the Triple Bottom Line have your organization or an organization of your choice implemented? Illustrate what would this organization's Triple Bottom Line comprise?

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