1. If the economy is operating at point C in the PPF below, the opportunity cost of producing an additional 15 units of bacon is: Exhib: 6 Bacon 50 40 30 20 10 20 (a) 40 eggs (b) 10 eggs 20 (c) 20 eggs (d) 30 eggs (e) 50 eggs Explain: E 40 50 60 70 Egys

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Q: why do we minus the 30,000? cant we just only add up the cost iccured by this decision?

A: Opportunity cost means the forgone income.  It means what actual amount we have lost in acquiring…

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A: We can find the annual equivalent by using the following formula.

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Q: I need answer typing clear urjent no chatgpt used i will give upvotes

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Q: No chatgpt used i will give 5 upvotes typing please

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Q: Ans for part D

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