Respuesta :
To calculate marginal cost ; we use "subtract the quantity change from the overall cost change."
The potential cost of increasing orange output from 50 to 80 units was (250 – 200) = 50 cherries.
The potential cost of increasing cherry production from 100 to 200 units was (86-80) = 6 oranges.
Opportunity cost for an orange right now is,
equals 1.67 cherries.
Opportunity cost is therefore 3.34 cherries for two oranges.
One cherry's opportunity cost is,
0.06 orange units
1.8 oranges are the opportunity cost of 30 cherries.
Conclusion
a. Cherry 50
b. Oranges, six
c. Cherry 3.34
d. Oranges, 1.8
Learn more about opportunity cost here :
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