Suppose that Joel and Mary each can produce truffles or pian…
Suppose that Joel and Mary each can produce truffles or pianos. The table shows the quantity of each good that Joel and Mary each can produce in one hour, respectively, if they devote all of their time and effort to making the good. Truffles Pianos Joel 6 18 Mary 25 5 What is Joel’s opportunity cost of producing one truffle? pianos What is Mary’s opportunity cost of producing one piano? truffles