Refer to the table and figure below: Option A Option B Option C Option D Option E Option F Output of Trucks (per day) 5 A 2 Production Options Output of Trucks Output of Tanks per Day per Day 5 0 2.0 3.0 3.8 4.5 5.0 A 4 tank(s) 3 2 1 0 Production Possibilities Curve B C 1 2 3 4 E F 5 6 Output of Tanks (per day) What is the opportunity cost of the second truck produced? Instructions: Round your response to one decimal place.

Steffie's Stationary Services can produce cards and tablets. The daily production possibilities for the two products are shown below. Steffie's Stationary Services Production Possibilities (daily) Combination Cards Tablets A 150 0 B 140 10 C 120 20 D 90 30 E 50 40 F 0 50 If a card sells for $1, Steffie's Stationary Services will need a price per tablet of $ produce 50 tablets. in order to

Problem 19-03 (algo) The following hypothetical production possibilities tables are for China and the United States. Assume that before specialization and trade the optimal product mix for China is alternative D and for the United States is alternative S. China Production Possibilities ok Product A B D E F Apparel 80,000 64,000 int Chemicals (tons) 0 32 48,000 64 32,000 96 16,000 128 160 rences Product Apparel Chemicals (tons) U.S. Production Possibilities R 240,000 0 S T 192,000 144,000 48 96 U 96,0000 144 W 48,000 0 192 240 Instructions: Enter your answers as whole numbers. a. Are comparative-cost conditions such that the two countries should specialize? Yes If so what product should each produce?

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05. What is the per-unit opportunity cost of product Y as production moves from point D to point B?     a) 6/7     b) -6/7     c) 7/6     d) -7/6

Game theory - Please help. Thanks!

question 3 multiple choice 3   Question 6 multiple choice 6

In using tanks and trucks in a production possibilities curve with increasing opportunity ot producing more and more tanks.. a) lowers the cost of each individual tank. b) can be done at constant opportunity cost. c) requires giving up larger and larger quantities of trucks pertank produced d) is not possible due to scarcity In Figure 1.1, which of the following points would the opportunity cost of producing one more St hp to search

1. The rules regarding economic decision maker behavior are: Group of answer choices A: Consumers behave rationally and maximize utility, but producers do not behave rationally B: Producers behave rationally and maximize profits, but consumers do not behave rationally C: consumers are ratiional and maximize utility, and producers are rational and maximize profits D: Consumers maximize total consumption, and producers maximize production

Use the following table to answer the question below.   Alexandra’s Production Possibilities Schedule Natalia’s Production Possibilities Schedule Number of Scarves Knitted per Day Number of Sweaters Knitted per Day Number of Scarves Knitted per Day Number of Sweaters Knitted per Day 0 4 0 4 3 3 2 3 6 2 4 2 9 1 6 1 12 0 8 0   Which of the following is an acceptable term of trade? Multiple Choice   2 sweaters for 7 scarves   4 sweaters for 10 scarves   8 sweaters for 15 scarves   6 sweaters for 10 scarves