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Nat2105 [25]
3 years ago
15

Two friends, rachel and joey, enjoy baking bread and making apple pies. rachel takes two hours to bake 1 loaf of bread and one h

our to make 1 pie. joey takes four hours to bake 1 loaf of bread and four hours to make 1 pie. what is joey's opportunity cost of baking 1 loaf of bread
Business
1 answer:
alisha [4.7K]3 years ago
6 0
<span>Joey's opportunity cost of baking 1 loaf of bread is 1 pie or 4 hours of time due to the fact that it takes Joey the same amount of time to bake 1 loaf of bread as it does to bake 1 pie.</span>
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