Table 195 Table 195 Shows the Output Per Week for Bows and Arrows

question 65

Essay

Table 19.5
$$\begin{array} { | l | c | c | } \hline & \text { Baws } & \text { Arrows } \\\hline \text { Ahmet } & 20 & 80 \\\hline \text { MyLinh } & 25 & 75 \\\hline\end{array}$$ Table 19.5 shows the output per week for bows and arrows by Ahmet and MyLinh.
-Refer to Table 19.5.Fill in the following table with the opportunity costs of producing bows and arrows for Ahmet and MyLinh.
$$\begin{array} { | l | l | l | } \hline & \text { Bows } & \text { Arrows } \\\hline \text { Ahmet } & & \\\hline \text { MyLinh } & & \\\hline\end{array}$$

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Definitions:

Unit-elastic

A demand or supply whose price elasticity is equal to 1, indicating that the percentage change in quantity demanded or supplied is equal to the percentage change in price.

Price Elasticity

The degree to which the demand for a product reacts to variations in its price.

Insect Infestation

The presence and detrimental occupation by a large number of insects on plants, crops, or in homes, leading to potential damage or spread of disease.

Price Elasticity

An assessment of the change in demand for a merchandise following a change in its price.