Part 2.

Note: An example of how to make these calculations is provided in the Unit I videos "Opportunity Cost" and "Law of Comparative Advantage"

Background Information:

As mentioned in Part 1 of this assignment, Tyson and Ella work at Ruby Red Movie Theater. Tyson can produce 100 bags of popcorn or 50 hot dogs in one hour. His coworker, Ella, can produce 100 bags of popcorn or 30 hot dogs in an hour. Answer the following five questions based on this information. Remember to show your work.

		Production By
Hourly Production		Tyson		Ella
Bags of Popcorn Or		100		100
Hot Dogs		50		30

Part 2A:

If Tyson and Ella attempted to produce both popcorn and hot dogs, how many bags of popcorn and hot dogs could each produce individually per hour? What would be the total amount of bags of popcorn and hot dogs produced per hour by the two workers combined? (Show your work below.)