David and Rose both work as artists. David can produce 3 small sculptures each day or 15 paintings. Rose can produce 2 sculptures or 6 paintings each day. What is the opportunity cost of sculpting for David

Respuesta :

Based on his production capacity, David's opportunity cost for sculpting is 5 paintings.

What is opportunity cost?

  • It refers to the production quantity that we give up in order to produce more of another good.

David can either produce 3 sculptures or 15 paintings. If he gives up one sculpture, he will be able to produce:

= Number of paintings / Number of sculptures

= 15 / 3

= 5 paintings.

In conclusion, the opportunity cost of sculpting is 5 paintings.

Find out more on opportunity cost at https://brainly.com/question/24751495.

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