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3. Opportunity Cost Maria and Simone are roommates. They spend most of their time studying [of course], but they leave some time for their favorite
3. Opportunity Cost Maria and Simone are roommates. They spend most of their time studying [of course], but they leave some time for their favorite activities: making pizza and brewing root beer. Maria takes 5 hours to brew a gallon of root beer and 3 hours to make a pizza. Simone takes 8 hours to breli.I a gallon of root beer and 4 hours to make a pizza. Maria's opportunity.r cost of making a pizza is V of root beer, and Simone's opportunity cost of making a pizza is V of root beer. 1,!2 gallon v has an absolute advantage in 2 gallons d V has a comparative advantage in making pizza. 3.5 gallon If Maria and Simone trade foods with each on will trade pizza in exchange for root beer. 1 2f3 gallons The price of pizza can be expressed in terms a a -t 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. Maria's opportunity.r cost of making a pizza is V of root beer, and Simone's opportunity cost of making a pizza is v of root beer. U2 gallon s an absolute advantage in making pizza, and v has a comparative advantage in making pizza. 2 gallons one trade foods with each other, 7 will trade pizza in exchange for root beer. 3,!5 gallon 1 2J3 gallons 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. V has an absolute advantage in making pizza, and V has a comparative advantage in making pizza. - Simone trade foods with each other, V will trade pizza in exchange for root beer. . DIZZE 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 Y of root beer, and the lowest price that makes both roommates better off is v of root beer per pizza. V has an absolute advantage in making pizza, and V has a comparative advantage in making pizza. If Maria and Simone trade foods with each other, v Iizza in exchange for root beer. The price of pizza can be expressed in terms of gallons of root n ighest 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. If Maria and Simone trade foods Iwith each other, V will trade pizza in exchange for root beer. The price of pizza can be expressed in terms of 9 -0t beer. The highest price at which pizza can be traded that would make both roommates better off is V of root beer, an I price that makes both roommates better off is V of root beer per pizza. 1/2 gallon te advantage in making pizza, and has a comparative advantage in making pizza. 2 gallons If Maria and 3/5 gallon pods with each other, will trade pizza in exchange for root beer. 1 2/3 gallons The price of pressed in terms of gallons of root beer. The highest price at which pizza can be traded that would make both roommates better off is of root beer, and the lowest price that makes both roommates better off is of root beer per pizza.1f2 gallon V has an absolute advantage in making pizza, and V has a comparative advantage i- 2 gallons If Maria and Simone trade foods I.vith each other, 7 I.vill trade pizza in exchange for root beer. 315 gallon 1 23 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
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