How much does one blank dvd+r cost?

I need help with figuring the opportunity cost of producing one product over another?

• I need to learn how to find the pooprtunity cost of producing the first ton of wheat. The second ton of wheat. the third ton of wheat. The opportunity cost of producint the first three tons of wheat. The opportinity cost of producing the last three tons of wheat. The opportunity cost of producing the first 10 tons of corn. The opportunity cost of producing 50 tons of corn. I dont want you to do my assignment I need help figuring out how to find these. Ill also include the graph I was given. Wheat (tons) Corn (tons) 0 50 1 48 2 42 3 32 4 24 5 10 6 0 I would even like a web site with info on how to figure this out. Thank you

• Answer:

  I can't quite read that table, but this is how you would figure out opportunity cost. Say you can produce 5 pounds of wheat, and 10 pounds of corn. You want to know the opportunity cost of producing one pound of wheat. So you would divide the 5 pounds of wheat by 5 (in order to get one pound of wheat). Then you would divide the 10 pounds of corn by 5. So, now you have 1 pound of wheat and 2 pounds of corn, which means that the opportunity cost of 1 pound of corn is 2 pounds of wheat. Not sure if that will help you, but that is how you figure out opportunity cost.