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The following table shows production possibilities for two commodities - Tacos and Iphones. Combination Units of Tacos Units ofIphones A B C D E F
The following table shows production possibilities for two commodities - Tacos and Iphones.
Combination
Units of Tacos
Units ofIphones
A
B
C
D
E
F
G
0
6
11
15
18
20
21
6
5
4
3
2
1
0
What is the opportunity cost of producing:
- the 1stunit of Iphones: you would have to give up___ taco
- the 2nd unit of Iphones: you would have to give up___ taco
- the 3rd unit of Iphones:you would have to give up___ taco
- the 4thunit of Iphones:you would have to give up___ taco
- the 5thunit of Iphones:you would have to give up___ taco
- the 6th unit of Iphones:you would have to give up___ taco
Determine the number that would go in each blanks and copy and paste your answer to the discussion forum. Explain how you determined the opportunity costs. You need to post your solution prior to viewing others solutions. Comment on a solution that is different from your own
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