Reading a Production Possibility Schedule

Days

Quantity of

doughnuts

Quantity of

bagels

Quantity of

croissants

600

70

50

This schedule shows the opportunity cost of producing

doughnuts, bagels, and croissants.

Refer to the schedule and use the drop-down menu to

answer each question.

On Day 2, Raj makes 70 more bagels than on Day 1.

What is the opportunity cost of producing 70 more

bagels?

On Day 3, Raj makes 50 more croissants than on Day

2. What is the opportunity cost of producing fifty more

croissants?

2

500

140

50

3

500

70

100