Survey Of Economics
10th Edition
ISBN:9781337111522
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter6: Proudction Costs
Section: Chapter Questions
Problem 8SQP
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Question
A
B
C
D
E
F
Production Options
Output of Output of
Trucks per Day Tanks per Day
0
2.0
5
4
3
2
1
0
3.0
3.8
4.5
5.0
Output of Trucks (per day)
5 A
A
0
0
1
B
What is the opportunity cost of the first truck produced?
Instructions: Enter your response rounded to one decimal place.
tank(s).
2
3
4
E
Output of Tanks (per day)
F
5
6
Transcribed Image Text:A B C D E F Production Options Output of Output of Trucks per Day Tanks per Day 0 2.0 5 4 3 2 1 0 3.0 3.8 4.5 5.0 Output of Trucks (per day) 5 A A 0 0 1 B What is the opportunity cost of the first truck produced? Instructions: Enter your response rounded to one decimal place. tank(s). 2 3 4 E Output of Tanks (per day) F 5 6
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