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Production alternatives Production type A B C D E F Set of 8 soda bottles 0 4 10 15 19 22 12 juice box 58
Production alternatives
Production type A B C D E F
Set of 8 soda bottles 0 4 10 15 19 22
12 juice box 58 56 48 32 16 0
- Graph mode
- What specific assumptions are represented on this production possibilities curve?
- If a company is at point C, what is the opportunity cost of an additional set of soda? From an extra juice box?
- If the company characterized in the table produced 7 sets of 8 bottles of soda and 40 boxes of 12 juices, what could be concluded about the use of available resources?
- Is production currently possible at a point outside the production possibilities curve? why
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