Assume the demand for shirts is P = 30 - Q, and the cost per shirt is $10. Now assume that there the firm incurs an opportunity cost when it sells a shirt instead of a hat. The optimal quantity of shirts to produce will be:Assume the demand for shirts is P = 30 - Q, and the cost per shirt is $10. Now assume that there the firm incurs an opportunity cost when it sells a shirt instead of a hat. The optimal quantity of shirts to produce will be:
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Home » Business » Assume the demand for shirts is P = 30 - Q, and the cost per shirt is $10. Now assume that there the firm incurs an opportunity cost when it sells a shirt instead of a hat.