geidyalvarez70
geidyalvarez70 geidyalvarez70
  • 04-03-2021
  • History
contestada

How do businesses use opportunity costs to decide
what to produce?

Respuesta :

lemonadeandsugarnade
lemonadeandsugarnade lemonadeandsugarnade
  • 04-03-2021

Answer:

The PPF illustrates that opportunity costs exist when deciding what quantity of goods and services to produce in order to maximize efficiency and production capacity.

Explanation:

Companies use opportunity costs in production to make smart decisions by weighing the sacrifices of choosing one alternative over another.

Answer Link

Otras preguntas

Why are trees considered to be producers? A. they do not need food to survive in an ecosystem B. they depend on consumers to help them make their food C. they g
round 9,254 to the nearest hundred
what is the historical circumstance for the third amendment?
Between which pair of numbers is the exact product of 379 and 8. A between 2,400 and 2,500 B between 2,400 and 2,800 c between 2,400 and 3,000 d between 2,400 a
When solving a word problem, what step should you always do after reading the problem, but prior to writing the equation?
Tap 1 fills the pool in 12 hours, while tap 2 fills the same pool in 15 hours. How long does it take to fill this pool if both taps are used?
The range of the function f(k) = k2 + 2k + 1 is {25, 64}. What is the function’s domain?
Why would a freedman agree to become a sharecropper?
Which pair of molecules both contain carbon atoms?
The U.S. government openly stated that they would view any European interference in Latin America as