Sabrina is a little girl whose uncle Josh is babysitting. Sabrina's mom left some ingredients to make cookies and cakes. Josh asked Sabrina what she would like to make, and she replied saying both. There is a problem, Josh must figure out how many cakes and cookies the ingredients available would make. Josh ran numbers and have the data below to show you. The above graph and table are production possibility frontier for cookie and cake production. It maps out the different combinations of cookies and cakes. If the ingredients are to be used efficiently. Questions (2 marks each) 1. What does point A, B, C, D and E represent? 2. What does point F represent? 3. What can you say about point G? 4. Describe the opportunity cost if we decide to choose combination B, 38 cookies and 4 cakes.

AutoSave (. Off ) BUS400 - Assignment 1 (1) - Protected View - Saved to this PC A Komalpreet Kaur KK X File Home Insert Design Layout References Mailings Review View Help Search Share Comments PROTECTED VIEW Be careful-files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. Enable Editing X and have the data below to show you. Cookies Y4 A Y3 B Y2 C OF Y1 D E Cakes O X1 X2 X3 X4 Point Number of Cookies Number of Cakes A 42 B 38 4 C 30 7 D 19 9 E 10 + 100% Page 2 of 3 450 words [ Focus 50 22:09 Type here to search W 14 C Mostly clear ~ 9 6 ) ENG 16-05-2022