Looking at the table, the opportunity cost of producing a single laptop can be determined by finding the amount of tablets that must be given up to produce one laptop. This is because the company has a limited amount of resources that can be used to produce either laptops or tablets. The opportunity cost of producing a single laptop is the number of tablets that could have been produced with the same resources.
To calculate the opportunity cost of producing a single laptop, we can look at the table and find the number of tablets that must be given up to produce one laptop. For example, if the company produces 250 tablets and 50 laptops, the opportunity cost of producing one laptop would be 5 tablets (250 tablets ÷ 50 laptops = 5 tablets per laptop). Therefore, for every laptop produced, the company must give up the production of 5 tablets.
Using this method, we can calculate the opportunity cost of producing a single laptop for each row in the table. The results are as follows:
Opportunity cost of producing a single laptop when producing 250 tablets and 50 laptops: 5 tablets
Opportunity cost of producing a single laptop when producing 200 tablets and 60 laptops: 3.33 tablets
Opportunity cost of producing a single laptop when producing 150 tablets and 70 laptops: 2.14 tablets
Opportunity cost of producing a single laptop when producing 100 tablets and 80 laptops: 1.25 tablets
Opportunity cost of producing a single laptop when producing 50 tablets and 90 laptops: 0.56 tablets
Therefore, the opportunity cost of producing a single laptop varies depending on the production possibilities of the company.