Register

What will happen if a shoe firm sells its shoes at a price lower than the opportunity cost of the input used in the production process

What will happen if a shoe firm sells its shoes at a price lower than the opportunity cost of the input used in the production process
70.9k views
2 votes
what will happen if a shoe firm sells its shoes at a price lower than the opportunity cost of the input used in the production process

User Branco Medeiros
by
7.9k points

1 Answer

3 votes
The output would be a negative gain.
User Wahaj Ali
by
8.5k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
Link Copied!