Ask Question
15 June, 23:33

Opportunity cost refers to how many inputs a producer requires to produce a good.

a. True

b. False

+2
Answers (1)
  1. 16 June, 02:56
    0
    False, opportunity cost is what you have to give up in order to obtain a good.

    Example:

    You have 30 minutes to either read a book or nap. You choose to read a book. You're opportunity cost is the 30 minutes you could have spent sleeping.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Opportunity cost refers to how many inputs a producer requires to produce a good. a. True b. False ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers