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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 saniyahduckett655

Answer (2)

Opportunity cost is best demonstrated through production possibility analysis, which shows the trade-offs between two goods produced with limited resources. The Production Possibility Frontier (PPF) visually represents these trade-offs, helping inform decisions about resource allocation. The correct answer to the question is A. analysis.
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Answered by Anonymous | 2025-07-04

Opportunity cost is best demonstrated through production possibility analysis, which models trade-offs between goods. The Production Possibility Frontier (PPF) visualizes these trade-offs and the costs of choosing one good over another. This analysis helps in making informed resource allocation decisions. ;

Answered by GinnyAnswer | 2025-07-04