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A farmer has developed a new type of fertilizer. This new fertilizer costs 20 percent more to produce than the old fertilizer but has better results: The same land now produces 25 percent more crops each
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A farmer has developed a new type of fertilizer. This new fertilizer costs 20

percent more to produce than the old fertilizer but has better results: The
same land now produces 25 percent more crops each year.
Which statement best describes one way the farm will be affected by using
this new fertilizer?
A. The farm's opportunity cost for using fertilizer will increase.
B. The farm's opportunity cost for using fertilizer will decrease.
C. The farm's marginal cost for fertilizer will increase.
D. The farm's marginal cost for fertilizer will decrease.

User YonoRan
by
3.4k points

2 Answers

9 votes

Answer:

The farm's marginal cost for fertilizer will increase.

Step-by-step explanation:

User Girish Venkata
by
2.9k points
6 votes

Answer: A

Step-by-step explanation:

User Poida
by
3.5k points
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