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3 December, 10:54

In the above figure the opportunity cost of moving from producing 75 guitars and 25 ukuleles to 50

guitars and 50 ukuleles is

100 guitars.

25 ukuleles.

50 guitars.

25 guitars.

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Answers (2)
  1. 3 December, 11:11
    0
    D) 25 guitars

    Explanation:

    look at the answer above mine, I just made the answer more clear.
  2. 3 December, 11:24
    0
    In the above figure the opportunity cost of moving from producing 75 guitars and 25 ukuleles to 50 guitars and 50 ukuleles is 25 Guitars.

    Answer: 25 Guitars.

    Explanation:

    Opportunity cost is the benefit an individual misses out while choosing one alternative over the other. Opportunity cost is calculated by OC = FO - CO. Here FO means the retuen on the Forgone option and CO means Retuen on Chosen option.
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