Suppose Ashley and Allison Can Produce the Following Combinations of Pizza

question 33

Essay

Suppose Ashley and Allison can produce the following combinations of pizza and cakes in a day: (A) If Ashey ant Allisan are both currently protucing 2 pizzas per day, haw many cakes are they producing? What is the tatal praciuction of pizzas and cakes between them?
(B) Is there apassibility far increasing protuction? Why ar why nat?
(C) Suppose that Ashley campletely 5pecializes in protucing pizza and Allisan campletely specializes in protucing cakes. What will be the tatal protuction of pizzas and cales?

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Definitions:

Proprietors

Owners of a business or holders of property.

Production Input

Any resource used in the creation of goods or services, such as labor, raw materials, and capital.

Croissants

A type of pastry of Austrian origin, which is made of a layered yeast-leavened dough, known for its crescent shape and flaky texture.

Production Factor

Inputs used in the production of goods or services in order to make an economic profit, including land, labor, capital, and entrepreneurship.