Production possibilities
$$\begin{array} { | l | l | l | }
\hline \text { Possibility } & \begin{array} { l }
\text { Pizza (per } \
\text { hour) }
\end{array} & \begin{array} { l }
\text { Soda } \
\text { (cases per } \
\text { hour) }
\end{array} \
\hline \text { A } & 0 & 100 \
\hline \text { B } & 1 & 95 \
\hline \text { C } & 2 & 80 \
\hline \text { D } & 3 & 60 \
\hline \text { E } & 4 & 35 \
\hline \text { F } & 5 & 0 \
\hline
\end{array}$$
-In the above table, the opportunity cost of the 2nd pizza is
A) 0 cases of soda per pizza.
B) 80 cases of soda per pizza.
C) 95 cases of soda per pizza.
D) 15 cases of soda per pizza.

Question

Production possibilities
 $$\begin{array} { | l | l | l | } 
\hline \text { Possibility } & \begin{array} { l } 
\text { Pizza (per } \
\text { hour) }
\end{array} & \begin{array} { l } 
\text { Soda } \
\text { (cases per } \
\text { hour) }
\end{array} \
\hline \text { A } & 0 & 100 \
\hline \text { B } & 1 & 95 \
\hline \text { C } & 2 & 80 \
\hline \text { D } & 3 & 60 \
\hline \text { E } & 4 & 35 \
\hline \text { F } & 5 & 0 \
\hline
\end{array}$$
-In the above table, the opportunity cost of the 2nd pizza is
A) 0 cases of soda per pizza.
B) 80 cases of soda per pizza.
C) 95 cases of soda per pizza.
D) 15 cases of soda per pizza.

Quizplus · Accepted Answer

The opportunity cost of the 2nd pizza is the difference in soda cases between producing 1 pizza and 2 pizzas, which is 95 - 80 = 15 cases of soda.

Production Possibilities -In the Above Table, the Opportunity Cost of the 2nd