Jonesville produces widgets and gadgets, and its PPC is linear. It takes 5 hours of labor to produce a gadget and 10 hours of labor to produce a widget. 15. Suppose that Jonesville has 100 hours of labor. What is the maximum number of widgets it can produce? a. 10 widgets b. 20 widgets c. I widget d. 100 widgets e. 50 widgets 16. How many widgets and gadgets can Jonesville produce if it devotes half of its 100 hours of labor time to the production of gadgets and half to the production of widgets? a. 20 gadgets and 5 widgets b. 10 gadgets and 5 widgets c. 5 gadgets and 20 widgets d. 5 gadgets and 10 widgets e. 5 widgets and 10 gadgets 17. What happens to the opportunity cost of producing a widget if Jonesville's labor resource increases to 200 hours of labor? a. The opportunity cost of producing a widget will double. b. The opportunity cost of producing a widget will increase, but not double. c. The opportunity cost of producing a widget will not change. d. The opportunity cost of widgets and gadgets will decrease by one half. e. The opportunity cost of widgets will decrease by less than one half