(Solved): Ned owns a small electronics repair business. He can either repair iPhones or Samsung phones. If he ...

Ned owns a small electronics repair business. He can either repair iPhones or Samsung phones. If he only repairs iPhones he can repair 16 phones in a day. If he only repairs Samsung phones, he can repair12 in a day. Drag the endpoints of the line to plot his production possibilities frontier (PPF) on the graph. What is the opportunity cost of iPhone repairs production (in terms of Samsung repairs/iPhone repairs)? \( 1 / 2 \) 16 3/4 12 5 \( 4 / 3 \)