QUESTION IMAGE
Question
below table shows the production possibilities for the country of emilon:
| a | b | c | d | e | |
|---|---|---|---|---|---|
| beef | 120 | 108 | 84 | 48 | 0 |
a. the total cost of producing 216 rice is \\(\square\\) units of (click to select) \\(\downarrow\\).
b. the total cost of going from possibility c to possibility d is \\(\square\\) units of (click to select) \\(\downarrow\\).
c. the approximate per - unit cost of going from possibility c to possibility d is \\(\square\\) units of (click to select) \\(\downarrow\\).
note: if necessary, round your answers to 2 decimal places. remember to round 0.05 up to 0.10.
d. the total cost of going from possibility d to possibility c is \\(\square\\) units of (click to select) \\(\downarrow\\).
Step1: Find cost of 216 rice
To produce 216 rice (point C), beef production falls from 120 (point A) to 84. Calculate the difference:
$120 - 84 = 36$
Step2: Find cost of C to D
Moving from C to D, rice rises from 216 to 288, beef falls from 84 to 48. Calculate beef lost:
$84 - 48 = 36$
Step3: Find per-unit cost of C to D
Divide total cost by additional rice:
$\frac{36}{288 - 216} = \frac{36}{72} = 0.50$
Step4: Find cost of D to C
Moving from D to C, beef rises from 48 to 84, rice falls from 288 to 216. Calculate rice lost:
$288 - 216 = 72$
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a. 36 units of Beef
b. 36 units of Beef
c. 0.50 units of Beef
d. 72 units of Rice