Answered

Westonci.ca offers quick and accurate answers to your questions. Join our community and get the insights you need today. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.

Suppose a manufacturer produces soccer balls and footballs. If the cost of producing a soccer ball decreases, the opportunity cost of producing:

Sagot :

Suppose a manufacturer produces soccer balls and footballs. If the cost of producing a soccer ball decreases, the opportunity cost of producing increase

What is opportunity cost?

Opportunity Cost of a product is the amount of money or benefits that is lost when a particular products is not used again.

The product is left for another alternative that is better.

Therefore, Suppose a manufacturer produces soccer balls and footballs. If the cost of producing a soccer ball decreases, the opportunity cost of producing increase

Learn more on opportunity cost below,

https://brainly.com/question/1549591

#SPJ1

Thank you for visiting our platform. We hope you found the answers you were looking for. Come back anytime you need more information. We hope this was helpful. Please come back whenever you need more information or answers to your queries. Your questions are important to us at Westonci.ca. Visit again for expert answers and reliable information.