1 2 3 4 5 6 Table 325 Assume that Maya and Miguel can switch

1.

2.

3.

4.

5.

6.

Table 3-25 Assume that Maya and Miguel can switch between producing mixers and producing toasters at a constant rate. Hours Needed To Amount Produced in Make 1 40 Hours mixer toaster mixers| toasters Maya Miguel20 Refer to Table 3-25. The opportunity cost of 1 toaster for Maya is OA. 1.6 mixers. 2 10 4 B. 1.6 hours of labor. O C. 8 hours of labor D. 0.625 mixers.

Solution

*For solution to other parts please post as aseparate question.

Coolers =40+40/2 = 60

Radio = 40/5 + 40/4 = 18

3. The correct answer is A) because opportunity cost is slope of ppf * chang in pies = (15/20)*6 =4.5 tarts

4. The correct answer is C ,

Because for Azerbaijan the opportunity cost =80/20 = 4

For Uzbekistan opportunity cost = 60/30 = 2