-Suppose That, for Given Resources and Production Technology, the Above

question 490

Multiple Choice

-Suppose that, for given resources and production technology, the above shows the production relationship between soda and pizza. For the sake of simplicity, assume the relationship is linear. What is the opportunity cost of producing an additional unit of pizza?

• A) 1 pizza
• B) 4 sodas
• C) 3 sodas
• D) Cannot be calculated with the information provided (the prices for both products are not given).

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Definitions:

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