Suppose That the Productivity Per Worker in the Apple Juice $\quad$

question 63

Essay

Suppose that the productivity per worker in the apple juice and grape juice industries of Westlake and Eastlake are as follows: $\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\underline{\text { Number of Litres per day} }$
$\begin{array}{lclc} & \underline{\text { Apple juice }} & &\underline{ \text { Grape juice} } \\\text { Westlake } & 5 & \text { or } & 1 \\\text { Eastlake } & 1 & \text { or } & 3\end{array}$
a) What is the opportunity cost of 1 litre of apple juice for Westlake? For Eastlake?
b) What is the opportunity cost of 1 litre of grape juice for Westlake? For Eastlake?

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Definitions:

PLC

Stands for Programmable Logic Controller, a digital computer used for automation of industrial processes, such as control of machinery on factory assembly lines.

External Input

Any input signal or data received from an outside source, device, or system, which is used to influence operations or responses within a system.

Latch

An electronic circuit or mechanism that retains its output state until a specific input signal is received.

Unlatch

A term used in programmable logic control programming that refers to a command or instruction to turn off or reset a previously set (latched) condition.