Wednesday
July 23, 2014

Homework Help: Microecinomics

Posted by Denise on Friday, March 25, 2011 at 10:23pm.

If Michelle devotes all her resources to growing potatoes, she can raise 200 pounds of potatoes per year. If she devotes all her resources to raising chickens, she can raise 50 chickens per year. (If she apportions some resources to each, then she can produce any linear combination of chickens and potatoes that lies between those extreme points,• What is Michelle’s opportunity cost of producing potatoes?
What is Michelle’s opportunity cost of producing chickens?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

econ - Suppose that two people, Michelle and James each live alone in an ...
Microeconomics - Suppose that two people, Michelle and James each live alone in ...
Microeconomics - Suppose that two people, Michelle and James each live alone in ...
MICROECONOMICS - Suppose that two people, Michelle and James each live alone in ...
econimics - Suppose that two people, Michelle and James each live alone in an ...
Microeconomics - Suppose that two people, Michelle and James each live alone ...
microeconomics - Suppose that two people, Mary and John each live alone in an ...
microeconomics - potatoes chickens MICHELLE 200 PER YEAR 50 PER YEAR jAMES 80 ...
microeconomics - Michelle has 200lbs of potatoes and 50 cchickens. James has ...
Macroeconomics - . Atlantis is a small, isolated island in the South Atlantic. ...

Search
Members