Homework Help: Economics

Posted by Shellie on Saturday, August 22, 2009 at 2:01pm.

a. Plot (EXCEL directions are on this site.) these production possibilities data, placing automobiles on the horizontal axis. What is the opportunity cost of the first 2,000 automobiles produced? Between which points is the opportunity cost per thousand automobiles highest? Between which points is the opportunity cost per thousand tons of beef highest? (10 pts)

Points are A-E
Beef starting @ A is 10, 9, 7, 4, 0
Autos starting @ A is 0, 2, 4, 6, 8

I'm okay with the graph and the first 2 parts but am unsure on part there since the variation is 2,000 per point

Economics - SraJMcGin, Saturday, August 22, 2009 at 2:04pm
If you are trying to "cut and paste" it does not work here. You will need to type everything out.

Sra
Economics - Shellie, Saturday, August 22, 2009 at 6:09pm
Thanks I finally figured it out!

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