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utopia produces only two products: cheese and wine. the production leve…

Question

utopia produces only two products: cheese and wine. the production levels are shown in the table below.

cheesewine
0000
2010520140
4017540245
6022860333
8026380368
100281100385

a. from this data, complete utopias production possibilities table below.

possibilityabcdef
wine0

b. utopia (click to select) produce 228 cheese and 333 wine.

c. if utopia is at d, the total cost of 35 more cheese is \\(\boxed{}\\) wine.

d. if utopia is at d, the total cost of 88 more wine is \\(\boxed{}\\) cheese.

Explanation:

Step1: Fill production possibilities table

Match % inputs to outputs:

  • Possibility A: 0 cheese, 385 wine
  • Possibility B: 105 cheese, 368 wine
  • Possibility C: 175 cheese, 333 wine
  • Possibility D: 228 cheese, 245 wine
  • Possibility E: 263 cheese, 140 wine
  • Possibility F: 281 cheese, 0 wine

Step2: Assess feasibility of 228+333

Check if 228 cheese (60% inputs) and 333 wine (60% inputs) use >100% total inputs: $60\% + 60\% = 120\% > 100\%$, so cannot produce.

Step3: Calculate cost of 35 more cheese at D

At D: 228 cheese, 245 wine. 35 more cheese = $228+35=263$ cheese (80% inputs). New wine output = 140. Cost = $245 - 140 = 105$ wine.

Step4: Calculate cost of 88 more wine at D

At D: 228 cheese, 245 wine. 88 more wine = $245+88=333$ wine (60% inputs). New cheese output = 175. Cost = $228 - 175 = 53$ cheese.

Answer:

a.

PossibilityABCDEF
Wine3853683332451400

b. cannot

c. 105

d. 53