Scenario 3-1
The production possibilities frontiers below show how much Greg and Catherine can each produce in 8 hours of time.
Greg's Production Possibilities
Catherine's Production Possibilities 
-Refer to Scenario 3-1.What is Catherine's opportunity cost of producing cake? Explain how you derived your answer.
Definitions:
Size Constancy
The perceptual phenomenon where the perceived size of an object remains constant despite changes in the size of the object's image on the retina due to varying distances.
Perception
The cognitive process of interpreting and making sense of sensory information from the environment, influencing how one understands and interacts with the world.
Retina
A light-sensitive layer at the back of the eye that converts light into neural signals for visual processing by the brain.
Gestalt Psychologists
Psychologists who focus on human perception and cognitive processes, emphasizing the whole is greater than the sum of its parts.
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