Bill and Melinda work for a firm that creates web pages and apps. The number of web page designs and apps each can produce in a week is given in the table below. Output per Week web pages designed apps created Bill 3 12 Melinda 2 4 What is Bill's opportunity cost of creating one app? Group of answer choices designing 3 web pages designing 1/4 web pages designing 4 web pages designing 1/3 web pages
Bill and Melinda work for a firm that creates web pages and apps. The number of web page designs and apps each can produce in a week is given in the table below. Output per Week web pages designed apps created Bill 3 12 Melinda 2 4 What is Bill's opportunity cost of creating one app? Group of answer choices designing 3 web pages designing 1/4 web pages designing 4 web pages designing 1/3 web pages
Chapter2: Productions Possibilities, Opportunity Costs, And Economic Growth
Section: Chapter Questions
Problem 7SQP
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Bill and Melinda work for a firm that creates web pages and apps. The number of web page designs and apps each can produce in a week is given in the table below.
Output per Week
|
web pages designed |
apps created |
Bill |
3 |
12 |
Melinda |
2 |
4 |
What is Bill's
Group of answer choices
designing 3 web pages
designing 1/4 web pages
designing 4 web pages
designing 1/3 web pages
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