Bob is trapped in a dungeon. The only things he can do are work on his computer or play videogames. For every hour he spends working he earns $75, which he can spend on food to stay alive. What is his opportunity cost of playing videogames for two hours? Explain in one or two sentences what we mean by the opportunity-cost of a choice. P2. You're the owner of a company that makes guitars. The following table tells how many guitars your company can produce in a month depending on the number of workers you hire. For every worker you hire you must pay a monthly wage of $4,000. Suppose the price at which you can sell every guitar is $100. How many workers would you hire to maximize your profits? Explain your answer by using the concepts of marginal benefit and marginal cost. Marks will be given only if the explanation is provided. Number of workers Number of guitars produced 1 58 2 100 3 138 4 172 5 200 6 226 7 252 8 277 9 300 10 319