Ask Question
24 January, 03:15

The opportunity cost of increasing production of good A from 1 unit to 2 units is the loss of

+3
Answers (1)
  1. 24 January, 03:26
    0
    Being able to produce a certain number of units of a different good.

    Opportunity cost is what you give up in order to do something else, and in production the more of one type of good you produce, the higher your opportunity cost for any other different good becomes.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The opportunity cost of increasing production of good A from 1 unit to 2 units is the loss of ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers