1. **State the problem:** Nadia's Neckties produces ascots and bowties. We want to determine the type of opportunity cost Nadia faces when producing these two goods.
2. **Understand opportunity cost:** Opportunity cost is what you give up to get something else. In production, it is how much of one good must be sacrificed to produce more of another.
3. **Analyze the data:** The table shows production choices:
| Choice | Ascots | Bowties |
|--------|--------|---------|
| A | 32 | 0 |
| B | 24 | 6 |
| C | 16 | 12 |
| D | 8 | 18 |
| E | 0 | 24 |
4. **Calculate opportunity cost of bowties in terms of ascots:**
From A to B: Ascots decrease by $32 - 24 = 8$, Bowties increase by $6 - 0 = 6$, so opportunity cost per bowtie = $\frac{8}{6} = \frac{4}{3} \approx 1.33$ ascots per bowtie.
From B to C: Ascots decrease by $24 - 16 = 8$, Bowties increase by $12 - 6 = 6$, opportunity cost = $\frac{8}{6} = 1.33$ ascots per bowtie.
From C to D: Ascots decrease by $16 - 8 = 8$, Bowties increase by $18 - 12 = 6$, opportunity cost = $\frac{8}{6} = 1.33$ ascots per bowtie.
From D to E: Ascots decrease by $8 - 0 = 8$, Bowties increase by $24 - 18 = 6$, opportunity cost = $\frac{8}{6} = 1.33$ ascots per bowtie.
5. **Interpretation:** The opportunity cost of producing bowties in terms of ascots remains constant at approximately 1.33 ascots per bowtie.
6. **Conclusion:** Since the opportunity cost is constant, Nadia faces **constant opportunity costs** in the production of ascots and bowties.
**Final answer:** A. constant
Opportunity Cost 702463
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