In the above figure the opportunity cost of moving from producing 75 guitars and 25 ukuleles to 50

guitars and 50 ukuleles is

100 guitars.

25 ukuleles.

50 guitars.

25 guitars.

Question

History

Adison Williams

22 May, 05:16

In the above figure the opportunity cost of moving from producing 75 guitars and 25 ukuleles to 50

guitars and 50 ukuleles is

100 guitars.

25 ukuleles.

50 guitars.

25 guitars.

+2

Answers (2)

Know the Answer?

Tania Walton · Answer 1

In the above figure the opportunity cost of moving from producing 75 guitars and 25 ukuleles to 50 guitars and 50 ukuleles is 25 Guitars.

Answer: 25 Guitars.

Explanation:

Opportunity cost is the benefit an individual misses out while choosing one alternative over the other. Opportunity cost is calculated by OC = FO - CO. Here FO means the retuen on the Forgone option and CO means Retuen on Chosen option.

Thor · Answer 2

D) 25 guitars

Explanation:

look at the answer above mine, I just made the answer more clear.

In the above figure the opportunity cost of moving from producing 75 guitars and 25 ukuleles to 50guitars and 50 ukuleles is100 guitars.25 ukuleles.50 guitars.25 guitars.

In the above figure the opportunity cost of moving from producing 75 guitars and 25 ukuleles to 50

guitars and 50 ukuleles is

100 guitars.

25 ukuleles.

50 guitars.

25 guitars.