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The Above Table Shows the Daily Production Possibilities for a Bakery

question 39

Multiple Choice

  The above table shows the daily production possibilities for a bakery. Currently the bakery bakes 60 pizzas and 180 loaves of bread, that is at alternative C. -Using the above table, what is the opportunity cost of moving from alternative C to alternative D? A)  60 loaves of bread B)  2 loaves of bread C)  30 loaves of bread D)  1/2 loaf of bread The above table shows the daily production possibilities for a bakery.
Currently the bakery bakes 60 pizzas and 180 loaves of bread, that is at alternative C.
-Using the above table, what is the opportunity cost of moving from alternative C to alternative D?


Definitions:

Quality and Quantity

Aspects of goods or services, with quality referring to the degree of excellence and quantity to the measure or volume.

Custom Machine Shops

Businesses specializing in the custom design and manufacture of specialized parts and machinery tailored to specific customer requirements.

Negotiations

The process of discussing and arriving at a mutual agreement between parties with differing interests.

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