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In the above figure the opportunity cost of moving from producing 75 guitars and 25 ukuleles to 50

guitars and 50 ukuleles is
100 guitars.
25 ukuleles.
50 guitars.
25 guitars.

User Pdxleif
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2 Answers

3 votes

Answer:

D) 25 guitars

Step-by-step explanation:

look at the answer above mine, I just made the answer more clear.

User Ionelmc
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4 votes

In the above figure the opportunity cost of moving from producing 75 guitars and 25 ukuleles to 50 guitars and 50 ukuleles is 25 Guitars.

Answer: 25 Guitars.

Step-by-step explanation:

Opportunity cost is the benefit an individual misses out while choosing one alternative over the other. Opportunity cost is calculated by OC= FO - CO. Here FO means the retuen on the Forgone option and CO means Retuen on Chosen option.

User Jpboudreault
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