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44 votes
44 votes
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 Pejman Zeynalkheyri
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2 Answers

20 votes
20 votes

Answer:

The farm's marginal cost for fertilizer will increase.

Step-by-step explanation:

User Talisa
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2.8k points
25 votes
25 votes

Answer: A

Step-by-step explanation:

User Lcguida
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2.7k points