Suppose both Alpha and Beta has 10 units of economic resource.
One unit of economic resource can produce $\begin{array} { l l l l }
& \text { Cups } & & \text { Saucer } \
\text { Alpha } & 3 \text { units } & \text { or } & 1 \text { unit } \
\text { Beta } & 2 \text { units } & \text { or } & 4 \text { units }
\end{array}$ a) What is the opportunity cost of 1 cup for Alpha?
b) What is the opportunity cost of 1 saucer for Beta?
c) If Alpha and Beta are allow to trade, would Alpha specialize in the production of cups or saucer? Explain

Question

Suppose both Alpha and Beta has 10 units of economic resource.
One unit of economic resource can produce $\begin{array} { l l l l } 
& \text { Cups } & & \text { Saucer } \
\text { Alpha } & 3 \text { units } & \text { or } & 1 \text { unit } \
\text { Beta } & 2 \text { units } & \text { or } & 4 \text { units }
\end{array}$ a) What is the opportunity cost of 1 cup for Alpha?
b) What is the opportunity cost of 1 saucer for Beta?
c) If Alpha and Beta are allow to trade, would Alpha specialize in the production of cups or saucer? Explain

Quizplus · Accepted Answer

The Answer of Suppose both Alpha and Beta has 10 units of economic resource.
One unit of economic resource can produce $\begin{array} { l l l l } 
& \text { Cups } & & \text { Saucer } \
\text { Alpha } & 3 \text { units } & \text { or } & 1 \text { unit } \
\text { Beta } & 2 \text { units } & \text { or } & 4 \text { units }
\end{array}$ a) What is the opportunity cost of 1 cup for Alpha?
b) What is the opportunity cost of 1 saucer for Beta?
c) If Alpha and Beta are allow to trade, would Alpha specialize in the production of cups or saucer? Explain

Suppose Both Alpha and Beta Has 10 Units of Economic