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Dennis_Churaev [7]
2 years ago
13

If the economy is currently producing at point c, what is the opportunity cost of moving to point b? 10 thousand wrenches

Business
1 answer:
erastovalidia [21]2 years ago
3 0

The economy is currently producing at point c, 10 Thousand wrenches are the opportunity cost of moving to point b.

At point C. It produces 10 thousand hammers and 40 thousand wrenches. If we move to point B, it will produce 23 thousand hammers and 30 thousand wrenches.

So to produce13 thousand additional hammers, the production of wrenches should be cut by 10 thousand. It is the opportunity cost of producing extra 13 thousand hammers.

Economics is defined as the management of financial matters in communities, businesses, or families. An example of an economy is the US stock exchange system. Careful use of assets, resources, etc. Reduce waste through careful planning and use. economical or frugal use.

Learn more about Economics at

brainly.com/question/1106682

#SPJ4

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Answer: hello your question is incomplete attached below is the complete question

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Explanation:

Attached below is the required graph

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4 0
3 years ago
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3 0
3 years ago
Mobile visual search (MVS) apps generate graphic images that are superimposed on pictures of real things (e.g., people, rooms, b
Romashka-Z-Leto [24]

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The product described in the text above is ' Augmented Reality '.

5 0
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Answer:

A. They may be oral or written

Explanation:

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3 0
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A midwestern city negotiates a deal with a company to operate its parking meter system. the city will receive a lump sum payment
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