Two workers are currently trying to produce both pens and pencils for a company named We...

 

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Two workers are currently trying to produce both pens and pencils for a company named We R' Write. Worker A can produce 100 pencils per day or 50 pens. Worker B can produce 100 pencils per day or 20 pens. • If the workers continue to try and produce both, how many pencils will each worker produce, and how many pens will each worker produce? • What is the opportunity cost of producing pencils and for producing pens for each worker? • After specialization, how many pencils will be made in total by both workers? • After specialization, how many pens will be made in total by both workers? • What is the difference in the total number of pencils made by both workers after specialization? • What is the difference in the total number of pens made by both workers after specialization? Two workers are currently trying to produce both pens and pencils for a company named We R' Write. Worker A can produce 100 pencils per day or 50 pens. Worker B can produce 100 pencils per day or 20 pens. • If the workers continue to try and produce both, how many pencils will each worker produce, and how many pens will each worker produce? • What is the opportunity cost of producing pencils and for producing pens for each worker? • After specialization, how many pencils will be made in total by both workers? • After specialization, how many pens will be made in total by both workers? • What is the difference in the total number of pencils made by both workers after specialization? • What is the difference in the total number of pens made by both workers after specialization?

Answer rating: 100% (QA)

Lets break down the information 1 Worker A Opportunity cost of producing 1 pen is 10050 2 pencils ... View the full answer