Ask Question
30 June, 13:56

Demonstrating opportunity cost is done through production analysis. possibility. calculation. research.

+4
Answers (1)
  1. 30 June, 14:04
    0
    The correct answer is C) possibility.

    Demonstrating opportunity cost is done through production possibility.

    The opportunity cost can be demonstrated using the production possibility frontier or curve. This graphic shows the total number of possibilities for two products when we have the resources needed and used in an efficient manner. The main resources could be money, labor, and technology. The curve shows that the production of one good increases when the production of the other reduces.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Demonstrating opportunity cost is done through production analysis. possibility. calculation. research. ...” in 📗 History 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