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Wait one secong @theopenstudyowl i will find someone to help you :D @Hero @perl @geerky42
Anytime :D @jim_thompson5910
Is this a test?
no its hw
it is all typed too
I don't know statistic sorry.
Did you ask for qualified help?
Because it's weird that two qualified helpers don't come.
Thats what i am trying to say
That's something we can say in Openstudy feedback. This isn't right...
oh one of them is here now.
Lets hope he helps :D
i figured out the first 2, just need help with 3
what is the opportunity cost if the country produces 50 game consoles
when country X produces 40 game consoles, it also produces 40 trucks
right, at 50 game consoles the o.c. is 5 trucks
so its the difference
right, 5 and 25
is that what I posted?
you had it right
cool! What about 3?
number 3 uses part b)
to increase the number of trucks, you have to sacrifice (opportunity cost) the number of game consoles produced (in the millions)
the justification for this is that there is a fixed amount of input, so you have to redistribute
ok cool! What about 4?
constant i mean
its roughly linear
if you want to be more precise you can plot it on a calculator
ok cool, 5???
that would affect the number of trucks/game consoles you can produce.
it would affect the graph
ok, and one more question, can u help me understand some other ones, just give me a sec to post it, ive already answered the question, but I need to graph it...
I dont know what they mean at all, my teacher only teaches us definitions....
I would have to consult a website or a book on a PPF graph. One moment...