|
Title: To find the opportunity cost of producing one more unit of any product while on the production possi Post by: Loraine on Jun 20, 2015 To find the opportunity cost of producing one more unit of any product while on the production possibilities frontier requires
A) setting the amounts of the two products equal to each other. B) setting the change in one product equal to the change in the other product. C) dividing the amount of the product forgone by the amount of the product gained. D) subtracting the change in the product whose production increased from the change in the product whose production decreased. E) None of these describes how to find opportunity cost. Title: Re: To find the opportunity cost of producing one more unit of any product while on the production p Post by: Chimelo46 on Aug 18, 2015 Content hidden
Title: Re: To find the opportunity cost of producing one more unit of any product while on the production possi Post by: Chimelo46 on Aug 31, 2015 Glad to help you, and good luck with your course.
|