Given the production possibility tables for First and Second Bakeries shown, we know that the opportunity cost of producing pies:
A) is higher at First Bakery.
B) is higher at Second Bakery.
C) is the same at both bakeries.
D) cannot be computed without further information.

Question

Given the production possibility tables for First and Second Bakeries shown, we know that the opportunity cost of producing pies: 
A) is higher at First Bakery. 
B) is higher at Second Bakery. 
C) is the same at both bakeries. 
D) cannot be computed without further information.

Quizplus · Accepted Answer

The Answer of Given the production possibility tables for First and Second Bakeries shown, we know that the opportunity cost of producing pies: 
A) is higher at First Bakery. 
B) is higher at Second Bakery. 
C) is the same at both bakeries. 
D) cannot be computed without further information.

Given the Production Possibility Tables for First and Second Bakeries