2. The marginal opportunity cost of the second unit of pizza is:

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter7: Production, Costs, And Industry Structure
Section: Chapter Questions
Problem 25RQ: In choosing a production technology, how will firms react if one input becomes relatively more...
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i know the answer is 2, because of the answer key. However, i do not understand why. Why is the 2nd unit of pizza opportunity cost 2 robots?

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Production Possibilities Model X G in these day and times is it really X
prod.reader-ui.prod.mheducation.com/epub/sn_0d605/data-uuid-5410104098ea42f1b39e2c46a0764ca1
Chat | Microsoft Te... M eBooks - My Books...
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=
B
Answer
Industrial robots (thousands)
с
10
9
0065 + 3 ~
Mail - Faustino G Aguilera - Outlc x
Q
8
0
2
A
B
с
Attainable
H
1 2
b My Questions | bartleby
H
●W
Unattainable
E
3 4 5 6 7
Pizzas (hundred thousands)
QUICK QUIZ FOR FIGURE 1.2
1. Production possibilities curve ABCDE is bowed out from the origin because:
a. the marginal benefit of pizzas declines as more pizzas are consumed.
b. the curve gets steeper as we move from E to A.
c. it reflects the law of increasing opportunity costs.
d. resources are scarce.
2. The marginal opportunity cost of the second unit of pizza is:
8 9
X
Q
+
Aa G
X
A
✰
LQ X
Transcribed Image Text:M eBooks - My → C New Tab Bookshelf Production Possibilities Model X G in these day and times is it really X prod.reader-ui.prod.mheducation.com/epub/sn_0d605/data-uuid-5410104098ea42f1b39e2c46a0764ca1 Chat | Microsoft Te... M eBooks - My Books... Microsoft Office Ho... LU Connect Log in = B Answer Industrial robots (thousands) с 10 9 0065 + 3 ~ Mail - Faustino G Aguilera - Outlc x Q 8 0 2 A B с Attainable H 1 2 b My Questions | bartleby H ●W Unattainable E 3 4 5 6 7 Pizzas (hundred thousands) QUICK QUIZ FOR FIGURE 1.2 1. Production possibilities curve ABCDE is bowed out from the origin because: a. the marginal benefit of pizzas declines as more pizzas are consumed. b. the curve gets steeper as we move from E to A. c. it reflects the law of increasing opportunity costs. d. resources are scarce. 2. The marginal opportunity cost of the second unit of pizza is: 8 9 X Q + Aa G X A ✰ LQ X
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