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

how does the endocrine system respond to hunger
The word theory used in a scientific sense most closely means
which fraction is closer to 1 than 0
What is 100 increased by 99%
Help? Which of the following contributed the most to the rapid growth of Spokane? A. discovery of coal in the Cascades B. discovery of gold in Idaho C. developm
how far can a hurricane travel
All of the rabbits, deer, and several bird species found within a field are considered to be part of a/an A. biosphere. B. population. C. ecosystem. D. communi
Mark the statement if it accurately describes one of the steps taken to transform Paris. A. The wealthy people moved out to the suburbs. B. Broad boulevards
How do you express 4 feet 9 inches into height in feet only using a mixed number?
which of the following choices best describes why the founding fathers decided that the united states should be a republic ? a)They wanted people to have power