Poppie5937 Poppie5937
  • 02-03-2019
  • Business
contestada

The opportunity cost of increasing production of good A from 1 unit to 2 units is the loss of

Respuesta :

MsTeel
MsTeel MsTeel
  • 04-03-2019

Being able to produce a certain number of units of a different good.

Opportunity cost is what you give up in order to do something else, and in production the more of one type of good you produce, the higher your opportunity cost for any other different good becomes.

Answer Link

Otras preguntas

A company's business purpose can also be referred to as the _____________ of the business when applying a strategic plan.
why are metamorphic rocks harder than igneous rock and sedimentary rocks
6.14 x 10 to the power of negative 9 in standard form
Which of the following scientists contributed to the current understanding of genetics
How does temperature change affect surface tension
yesterday, the snow was 2 feet deep in front of Archie’s house. Today, the snow depth dropped to 1.6 feet because the day is so warm. What is the percent change
reasons why England and France would have wanted to find a northwestern route to Asia.
Which of the following could be done to a computer that is slow to access stored data to make it faster? Increasing the amount of onboard cache Increasing the s
A nurse is making identical first aid bags for patients using 72 antiseptic wipes, 55 adhesive bandages, and 36 packets of ointment. What is the greatest number
Ca3(PO4)2 + H2SO4 → CaSO4 + H3PO4 Balance this reaction if necessary