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In Business / High School | 2025-07-03

Demonstrating opportunity cost is done through production
A. analysis.
B. possibility.
C. calculation.
D. research.

Asked by genah14918

Answer (2)

Opportunity cost is the value of the next best alternative when making a choice, and it is effectively demonstrated through production possibility analysis. This analysis shows trade-offs in production decisions by illustrating how much of one good must be sacrificed to increase the production of another. Understanding these concepts helps businesses and individuals make better choices regarding resource allocation. ;

Answered by GinnyAnswer | 2025-07-03

The demonstration of opportunity cost is effectively achieved through production possibility analysis, which illustrates the trade-offs in resource allocation between two goods or services. This analysis shows how much of one good must be sacrificed to produce more of another, helping individuals and businesses make informed decisions. The answer to the multiple-choice question is A. analysis.
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Answered by Anonymous | 2025-07-04

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