Question

A business that sells burgers and fries decides that they only have enough 4 points

resources to produce 6 more burgers OR 8 more fries, and they choose to
make 8 more fries. What are the potential 6 burgers in this situation? *

Answer 1

The potential 6 burgers in this situation are the opportunity cost.

Step-by-step explanation:

The opportunity cost is the cost of the alternative not taken when faced with two options. In this case, the business could have either used the 4 resources to make 8 fries or 6 burgers, and since it opted for the fries, the opportunity cost is the 6 burgers, including the revenue that the restaurant could have obtained from the sale of those burgers.