Macmillan Learning Suppose that Paulie and Vinny each can

Last updated: 5/3/2023

Macmillan Learning Suppose that Paulie and Vinny each can produce ice cream or t shirts The table shows the quantity of each good that Paulie and Vinny each can produce in 1 hour respectively if they devote all of their time and effort into making the good Round all answers to two decimal places Paulie Vinny Ice cream cups 2 00 9 00 T shirts quantity 17 00 11 00 a What is Paulie s opportunity cost of producing a cup of ice cream b What is Vinny s opportunity cost of producing a t shirt Paulie s opportunity cost Vinny s opportunity cost 8 5 09 t shirts cups of ice cream