Example of constant opportunity cost .

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Chapter 2, Problem 4QP

(a)

To determine

Example of constant opportunity cost.

(b)

To determine

Example of increasing opportunity cost.

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Using the diagram below, which of the following would not entail an opportunity cost? (more than one option may be possible). Multiple answers: Multiple answers are accepted for this question Select one or more answers and submit. For keyboard navigation... SHOW MORE ✓a A movement from A to B. b A movement from A to C. c A movement from C to B. d A movement from B to C. e A movement from C to A.

Hello, can you help by giving me an example to illustrate each of the following: (a) constant opportunity costs : b) increasing opportunity costs:

1. Use the graph below to answer the following questions. a) If Alison is currently growing 80 bunches of kale per period, how many radish bunches is she growing? Assume that resources are fully utilized. b) What is the opportunity cost of one bunch of radishes? c) What is the opportunity cost of one bunch of kale? d) If Alison is currently producing 30 bunches of radishes, what is the opportunity cost of producing another 20 bunches of radishes? e) Is it possible for Alison to produce 120 bunches of kale and 30 bunches of radishes? f) If Alison is producing 60 bunches of radishes and 30 bunches of kale, is she fully utilizing her resources? g) Is the opportunity cost of this PPF constant? Kale (bunches) 180 160 140 120 100 20 40 60 Radishes (bunches) "L'PL 80 100