The desk below exhibits the output per week of two producers, Serena and Venus. They can both devote their time to making Yogurt or making Ice Cream.
The output per week of two producers
Serena Venus
Yogurt: 750 Gallons 800 Gallons
Ice Cream: 950 Gallons 900 Gallons
Reply the next questions with a proof of why you sure the resolution:
Who has absolutely the profit in making Yogurt? Present why.
Who has absolutely the profit in making Ice Cream? Present why.
What is Venus’s opportunity worth of developing a Yogurt? Present why.
What is Serena’s opportunity worth of developing a Yogurt? Present why.
What is Venus’s opportunity worth of developing Ice Cream? Present why.
What is Serena’s opportunity worth of developing Ice Cream? Present why.
Who has the comparative profit in making Yogurt? Present why.
Who has the comparative profit in making Ice Cream? Present why.
You and your neighbor are the entirely other folks on the earth that produces cashews and mushrooms. You carry out no longer engage in alternate with every various. In your beget, which you might every originate the next per day:
Cashews and Mushrooms Production
You Neighbor
Cashews Mushrooms Cashews Mushrooms
Most attention-grabbing aquire cashews: 12 pounds 0 pounds 5 pounds 0 pounds
Most attention-grabbing aquire mushrooms: 0 pounds 6 pounds 0 pounds 5 pounds
Just now, you each split your time between gathering every product. You at this time aquire and delight in eight pounds of cashews and two pounds of mushrooms, while your neighbor is gathering and spirited three pounds of cashews and one pound of mushrooms. Repeat numerically how specialization and alternate with every various can device you higher off. Who makes a speciality of the manufacturing of every and every product, and what alternate might well well per chance you then device with every various that would profit both of you? Present your answers.
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