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3. Opportunity Cost Juanita and Neha are roommates. They spend most of their time studving (of course], but they:r leave some time for their favorite
3. Opportunity Cost Juanita and Neha are roommates. They spend most of their time studving (of course], but they:r leave some time for their favorite activities: making pizza and brewing root beer. Juanita takes 4 hours to brew a gallon of root beer and 2 hours to make a pizza. Neha takes 6 hours to brew a gallon of root beer and 4 hours to make a pizza. Juanita's opportunity cost of brewing a gallon of root beer is Y , and Neha's opportunityr cost of brewing a gallon of root beer is V 1/2 pizza V has an absolute advantage in brewing root be 2 pizzas V has a comparative advantage in brewing root beer. 2/3 pizza If Juanita and Neha trade foods with each other, a in exchange for root beer. 1 1/2 pizzas The price of pizza can be expressed in terms of gallons of re. uhest price at which pizza can be traded that would make both roommates better off is V of root beer, and the lowest price that makes both roommates better off is V of root beer per pizza. 3. Opportunity Cost Juanita and Neha are roommates. They spend most of their time studying {of course), but theyr leave some time for their favorite activities: making pizza and brewing root beer. Juanita takes 4 hours to brew a gallon of root beer and 2 hours to make a pizza. Neha takes 6 hours to brew a gallon of root beer and 4 hours to make a pizza. Juanita's opportunity cost of brewing a gallon of root beer is V , and Neha's opportunity cost of brewing a gallon of root beer is Y 112 pizza as an absolute advantage in brewing root beerr and V has a comparative advantage in brewing root beer. 2 pizzas eha trade foods with each other, V will trade pizza in exchange for root beer. 2f3 pizza 1 1}\"2 pizzas a can be expressed in terms of gallons of root beer. The highest price at which pizza can be traded that would make both roommates V of root beer, and the lowest price that makes both roommates better off is V of root beer per pizza. Y has an absolute advantage in brewing root beer, and V has a comparative advantage in brewing root beer. .nd Neha trade foods with each other, V will trade pizza in exchange for root beer. - of pizza can be expressed in terms of gallons of root beer. The highest price at which pizza can be traded that would make both roommates better OH is V of root beer, and the lowest price that makes both roommates better off is V of root beer per pizza. Juanita's opportunity cost of brewing a gallon of root beer is V , and Neha's opportunityr cost of brewing a gallon of root beer is V V has an absolute advantage in brewing root beerI and IV has a comparative advantage in brewing root beer. If Juanita and Neha trade foods with each other, V will t in exchange for root beer. The price of pizza can be expressed in terms of gallons of root beer. -st price at which pizza can be traded that would make both roommates better off is V of root beer, and the lowest price that makes both roommates better off is V of root beer per pizza. Juanita's opportunity cost of brewing a gallon of root beer is V , and Neha's opportunityr cost of brewing a gallon of root beer is V V has an absolute advantage in brewing root beer, and V has a comparative advantage in brewing root beer. If Juanita and Neha trade foods with each other, V will trade pizza in exchange for root beer. Neha The price of pizza can be expressed in terms of I out beer. The highest price at which pizza can be traded that would make both roommates .t price that makes both roommates better off is V of root beer per pizza. better oFf is V of root beer, an: Juanita's opportunity cost of brewing a gallon of root beer is V , and Neha's opportunity cost of brewing a gallon of root beer is 7 1,?2 gallon te advantage in brewing root beer, and V has a comparative advantage in brewing root beer. 2 gallons If Juanita 3 2,23 gallon Ids with each other, V will trade pizza in exchange for root beer. 1 1;\"2 gallons The price of Iressed in terms of gallons of root beer. The highest price at which pizza can be traded that would make both roommates better off is V of root beer, and the lowest price that makes both roommates better off is V of root beer per pizza. Juanita's opportunity cost of brewing a gallon of root beer is V , and Neha's opportunityr cost of brewing a gallon of root beer is V 1f2 gallon V has an absolute advantage in brewing root beer, and V has a comparative advant not beer. 2 gallons If Juanita ancl Neha trade foods with each other, V will trade pizza in exchange for root beer. 2f3 gallon 1 1,12 gallons The price of pizza can be expressed in terms of gallons of root beer. The highest price at which pizza can be Id make both roommates better off is V of root beer, and the lowest price that makes both roommates better off is V of root beer per pizza. 3. Opportunity Cost Juanita and Neha are roommates. They spend most of their time studying {of course)r but theirr leave some time for their favorite activities: making pizza and brewing root beer. Juanita takes 4 hours to brew a gallon of root beer and 2 hours to make a pizza. Neha takes 6 hours to brew a gallon of root beer and 4 hours to make a pizza. Juanita's opportunity cost of brewing a gallon of root beer is V , and Neha's opportunity cost of brewing a gallon of root beer is V V has an absolute advantage in brewing root beerr and V has a comparative advantage in brewing root beer. If Juanita and Neha trade foods with each other, V will trade pizza in exchange for root beer. The price of pizza can be expressed in terms of gallons of root beer. The highest price at which pizza can be traded that would make both roommates better off is V of root beer, and the lowest price that makes both roommates better off is V of root beer per pizza
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