Ask your own question, for FREE!
Mathematics 20 Online
OpenStudy (theopenstudyowl):

Help!

OpenStudy (theopenstudyowl):

jagr2713 (jagr2713):

Wait one secong @theopenstudyowl i will find someone to help you :D @Hero @perl @geerky42

OpenStudy (theopenstudyowl):

ty

jagr2713 (jagr2713):

Anytime :D @jim_thompson5910

jagr2713 (jagr2713):

Is this a test?

OpenStudy (theopenstudyowl):

no its hw

OpenStudy (theopenstudyowl):

it is all typed too

geerky42 (geerky42):

I don't know statistic sorry.

OpenStudy (theopenstudyowl):

gahhhhh

geerky42 (geerky42):

Did you ask for qualified help?

jagr2713 (jagr2713):

^

geerky42 (geerky42):

Because it's weird that two qualified helpers don't come.

jagr2713 (jagr2713):

Thats what i am trying to say

OpenStudy (theopenstudyowl):

yahhh

geerky42 (geerky42):

That's something we can say in Openstudy feedback. This isn't right...

geerky42 (geerky42):

oh one of them is here now.

jagr2713 (jagr2713):

Lets hope he helps :D

OpenStudy (theopenstudyowl):

i figured out the first 2, just need help with 3

OpenStudy (perl):

what is the opportunity cost if the country produces 50 game consoles

OpenStudy (perl):

when country X produces 40 game consoles, it also produces 40 trucks

OpenStudy (theopenstudyowl):

35-10=25

OpenStudy (theopenstudyowl):

40-35=5

OpenStudy (perl):

http://prntscr.com/7cv2vs

OpenStudy (theopenstudyowl):

?

OpenStudy (perl):

right, at 50 game consoles the o.c. is 5 trucks

OpenStudy (theopenstudyowl):

so its the difference

OpenStudy (perl):

right, 5 and 25

OpenStudy (theopenstudyowl):

is that what I posted?

OpenStudy (perl):

you had it right

OpenStudy (theopenstudyowl):

cool! What about 3?

OpenStudy (perl):

number 3 uses part b)

OpenStudy (perl):

to increase the number of trucks, you have to sacrifice (opportunity cost) the number of game consoles produced (in the millions)

OpenStudy (perl):

the justification for this is that there is a fixed amount of input, so you have to redistribute

OpenStudy (theopenstudyowl):

ok cool! What about 4?

OpenStudy (perl):

|dw:1433378627226:dw|

OpenStudy (perl):

|dw:1433378674135:dw|

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!