Question

Use the table below to calculate Tina’s opportunity cost of a day of skiing when she...

Use the table below to calculate Tina’s opportunity cost of a day of skiing when she increases her time spent skiing from:

a. 2 to 4 days a month

B. 4 to 6 days a month

Show your work and answers.

Possibility Grade in Math 101( %) Skiing(Days per month)
A 57 8
b 77 6
C 82 4
D 85 2
87 0

A 57 8

B 77 6

C 82 4

D 85 2

E 87 0

C. Draw the PPF precisely

Homework Answers

Answer #1

a. 2 to 4 days a month

Opportunity cost= Change in possibility grade/ Change in skiing day=(85-82)/(2-4)= -1.5%

When she increases her number of days spend skiing from 2 to 4, the percentage grade in maths decreases by 1.5%.

b. 4 to 6 days a month

Opportunity cost= Change in possibility grade/ Change in skiing day=(82-77)/(4-6)= -2.5%

When she increases her number of days spend skiing from 2 to 4, the percentage grade in maths decreases by 2.5%.

c.

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