Refer to the accompanying table. Corey's opportunity cost of making of a pizza is delivering: $\begin{array}{|l|r|r|}
\hline & \text { Pizzas Made Per Hour } & \text { Pizzas Delivered Per Hour } \
\hline \text { Corey } & 12 & 6 \
\hline \text { Pat } & 10 & 15 \
\hline
\end{array}$
A)2 pizzas.
B)3/2 of a pizza.
C)2/3 of a pizza.
D)1/2 of a pizza.

Question

Refer to the accompanying table. Corey's opportunity cost of making of a pizza is delivering: $\begin{array}{|l|r|r|}
\hline & \text { Pizzas Made Per Hour } & \text { Pizzas Delivered Per Hour } \
\hline \text { Corey } & 12 & 6 \
\hline \text { Pat } & 10 & 15 \
\hline
\end{array}$  
A)2 pizzas.
B)3/2 of a pizza.
C)2/3 of a pizza.
D)1/2 of a pizza.

Quizplus · Accepted Answer

Corey's opportunity cost of making a pizza is the number of pizzas he could have delivered instead. Since he can make 12 pizzas or deliver 6 pizzas per hour, the opportunity cost of making one pizza is 6/12 = 1/2 of a pizza delivered.

Refer to the Accompanying Table A)2 Pizzas