45.0k views
0 votes
A farmer has developed a new type of fertilizer. this new fertilizercosts 20% more to produce than the old fertilizer but has better results. the same land now produces 25% more crops each year.

which statement best describes one way the farm will be affected by using this new fertilizer?

a: the farms marginal cost for fertilizer will increase
b: the farms marginal cost for fertilizer will decrease
c: the farms opportunity cost for using fertilizer will increase
the farms opportunity cost for using fertilizer will decrease

User Navneeth G
by
5.7k points

2 Answers

1 vote
I’m pretty sure is c?
User Asunrey
by
4.3k points
5 votes

Answer:

A: the farms marginal cost or fertilizer will increase

Step-by-step explanation:

apx

User Ori Drori
by
4.7k points