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Title: A small landscaping firm purchases a tractor that, in one day, is capable of drilling 60 fence-post ... Post by: James Paul on Sep 20, 2022 A small landscaping firm purchases a tractor that, in one day, is capable of drilling 60 fence-post holes or removing 12 tree stumps (or some intermediate combination). For this landscaper, what is the opportunity cost of removing one extra tree stump?
▸ drilling 5 fence-post holes ▸ drilling 12 fence-post holes ▸ 1/12th of the cost of the tractor ▸ 1/5 of the cost of the tractor ▸ There is no opportunity cost. Title: A small landscaping firm purchases a tractor that, in one day, is capable of drilling 60 fence-post ... Post by: eeemmm on Sep 20, 2022 Content hidden
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