Question
Jedha, a small desert moon, can produce kyber crystals and Wookie cookies. The table is Jedha's production possibilities schedule. Production Possibilities Product A B C
Jedha, a small desert moon, can produce kyber crystals and Wookie cookies. The table is Jedha's production possibilities schedule.
Production Possibilities | ||||||
---|---|---|---|---|---|---|
Product | A | B | C | D | E | F |
Kyber Crystals | 0 | 5 | 9 | 12 | 14 | 15 |
Wookie Cookies | 75 | 60 | 45 | 30 | 15 | 0 |
You are the Supreme Economic Adviser to the Emperor and the Imperial Ruling Council. Provide the following information for the Emperor and the council.
1. What is the opportunity cost to produce the first five kyber crystal?
2. What is the opportunity cost to produce the first 15 Wookie cookies?
3. Jedha is producing 30 Wookie cookies, what concern or issue is associated with an output of 10 kyber crystals and 30 wookie cookies? (Check all that apply.)
check all that apply 1
- under- or unemploymentunanswered
- foreign trade dependancyunanswered
- under utilization of resourcesunanswered
- over-production of Wookie Cookiesunanswered
- over-production of Kyber crystalsunanswered
4. Jedha is producing 45 Wookie cookies, and the council has determined 10 kyber crystals are needed for the Death Star. The Emperor would like to produce the Death Star without sacrificing Wookie cookies. Advise the Emperor on whether the request is possible. (Check all that apply.)
check all that apply 2
- Emperor Palpatine, it is not feasible to increase production to 10 Kyber crystals without sacrificing Wookie cookies.
- It is not feasible, it is outside of the production possibilites.unanswered
- It is feasible if we invest in capital (crystal growth trays).unanswered
- It is feasible if we send an envoy to The Traders' Coalition in the Atzerri system to engage in trade.unanswered
- It is feasible if we invest in technology (hyper-matter generators).
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Lets analyze each part of the question step by step 1 Opportunity Cost to Produce the First Five Kyber Crystals To find the opportunity cost of producing the first five kyber crystals we need to look ...Get Instant Access to Expert-Tailored Solutions
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