EBK MICROECONOMICS
12th Edition
ISBN: 9780100659452
Author: PARKIN
Publisher: YUZU
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Chapter 2, Problem 22APA
(a)
To determine
Identify the
(b)
To determine
Identify the total
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Eleanor and her little brother Josh are responsible for two chores on their family's farm, gathering eggs and collecting milk.
Eleanor can gather 18 dozen eggs or collect 6 gallons of milk per week. Josh can gather 2 dozen eggs or collect 2 gallons of milk
per week.
a. The family wants 2 gallons of milk per week and as many eggs as the siblings can gather. Currently, they collect one gallon of
milk each and as many eggs as they can. How many dozens of eggs does the family have per week?
(Click to select) ✓ dozen eggs.
b. If the siblings were to specialized, which should collect the milk?
(Click to select)
c. If the siblings were to specialize, how many dozens of eggs would the family have per week?
(Click to select) dozen eggs.
Eleanor and her little brother Josh are responsible for two chores on their family's farm, gathering
eggs and collecting milk. Eleanor can gather 18 dozen eggs or collect 6 gallons of milk per week.
Josh can gather 2 dozen eggs or collect 2 gallons of milk per week.
a. The family wants 2 gallons of milk per week and as many eggs as the siblings can gather.
Currently, they collect one gallon of milk each and as many eggs as they can. How many dozens of
eggs does the family have per week?
(Click to select) dozen eggs.
b. If the siblings were to specialized, which should collect the milk?
Eleanor
c. If the siblings were to specialize, how many dozens of eggs would the family have per week?
(Click to select) dozen eggs.
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QUESTION 7
Olivia and Susan operate a store that sells burritos. There are two main activities: chopping up the ingredients and then cooking the fillings
for the burritos. Olivia and Susan are deciding who should chop the ingredients and who should cook the fillings in order to maximise
output.
Olivia
Susan
Chopped Food
(kg/hr)
15
20
Cooked Food
(kg/hr)
20
30
Which of the following statements are true:
For Olivia, the opportunity cost of 1kg of cooked food is 1.33kgs (to 2 decimal places) of choppectood.
For Susan, the opportunity cost of 1kg of cooked food is 0.67kgs (to 2 decimal places) of chopped food.
Susan should specialise in chopping.
Olivia has an absolute advantage in chopping.
Chapter 2 Solutions
EBK MICROECONOMICS
Ch. 2.1 - Prob. 1RQCh. 2.1 - Prob. 2RQCh. 2.1 - Prob. 3RQCh. 2.1 - Prob. 4RQCh. 2.1 - Prob. 5RQCh. 2.1 - Prob. 6RQCh. 2.2 - Prob. 1RQCh. 2.2 - Prob. 2RQCh. 2.2 - Prob. 3RQCh. 2.2 - Prob. 4RQ
Ch. 2.2 - Prob. 5RQCh. 2.3 - Prob. 1RQCh. 2.3 - Prob. 2RQCh. 2.3 - Prob. 3RQCh. 2.3 - Prob. 4RQCh. 2.3 - Prob. 5RQCh. 2.4 - Prob. 1RQCh. 2.4 - Prob. 2RQCh. 2.4 - Prob. 3RQCh. 2.4 - Prob. 4RQCh. 2.4 - Prob. 5RQCh. 2.5 - Prob. 1RQCh. 2.5 - Prob. 2RQCh. 2.5 - Prob. 3RQCh. 2 - Prob. 1SPACh. 2 - Prob. 2SPACh. 2 - Prob. 3SPACh. 2 - Prob. 4SPACh. 2 - Prob. 5SPACh. 2 - Prob. 6SPACh. 2 - Prob. 8SPACh. 2 - Prob. 9SPACh. 2 - Prob. 7SPACh. 2 - Prob. 10SPACh. 2 - Prob. 11APACh. 2 - Prob. 12APACh. 2 - Prob. 13APACh. 2 - Prob. 14APACh. 2 - Prob. 15APACh. 2 - Prob. 16APACh. 2 - Prob. 17APACh. 2 - Prob. 20APACh. 2 - Prob. 21APACh. 2 - Prob. 22APACh. 2 - Prob. 18APACh. 2 - Prob. 19APACh. 2 - Prob. 23APACh. 2 - Prob. 24APACh. 2 - Prob. 25APA
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