Top Posters
Since Sunday
w
5
a
3
j
2
a
2
t
2
u
2
r
2
j
2
j
2
l
2
d
2
y
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
JadeDeLair JadeDeLair
wrote...
Go to Answer
Posts: 138
Rep: 0 0
2 years ago
Suppose a bakeshop with 5 employees can produce both pies and cakes. In one day, if all resources are devoted to baking pies, the shop can produce 125 pies; if all resources are devoted to baking cakes, the shop can produce 50. What is the shop's opportunity cost of producing any one cake?

▸ 2.5 pies

▸ 0.25 pies

▸ 2.5 cakes

▸ 0.4 pies

▸ 0.4 cakes
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
Read 35 times
1 Reply
Replies
Answer verified by a subject expert
melswhi1melswhi1
wrote...
#1
Posts: 144
Rep: 2 0
2 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

JadeDeLair Author
wrote...

2 years ago
this is exactly what I needed
apelton
wrote...

Yesterday
Thanks
Liarec
wrote...

2 hours ago
Thanks
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1377 People Browsing
 123 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 4501
  
 297
  
 370
Your Opinion
Do you believe in global warming?
Votes: 488
Previous poll results: What percentage of nature vs. nurture dictates human intelligence?