gin - Search Home X MindTap - Cengage Learn X D2L 2-1 Quiz - ECO-201-1681 X * Course Hero X + https:/g.cengage.com/staticb/ui/evo/index.html? deploymentld=5981412353502464190243042516&eISBN=9780357133576&i... CENGAGE |MINDTAP Q Search this course Module Two Quiz X Attempts 2.5 |2.5 Keep the Highest 2.5 / 4 3. Opportunity Cost Study Tools Beth and Eleanor are roommates. They spend most of their time studying ( of course), but they leave some time for their favorite activities: making hs pizza and brewing root beer. Beth takes 4 hours to brew a gallon of root beer and 2 hours to make a pizza. Eleanor takes 6 hours to brew a gallon of cess Tips root beer and 4 hours to make a pizza. cess Tips Beth's opportunity cost of making a pizza is 2 gallons of root beer, and Eleanor's opportunity cost of making a pizza is of root beer. 1/2 gallon dback as an absolute advantage in making pizza, and Eleanor _ has a comparative advantage in making pizza 2 gallons or trade foods with each other, Eleanor _ will trade away pizza in exchange for root beer. 2/3 gallon 1 1/2 gallons a can be expressed in terms of gallons of root beer. The highest price at which pizza can be traded that would make both roommates better on Is 273 gallon of root beer, and the lowest price that makes both roommates better off is _2 gallons of root beer per pizza. Grade It Now Save & Continue Continue without saving 289 ENG ~ () 0 7 11:19 PM 7/5/2022 delete F1 " FA prise home insert FS F9 F11 F12