It will reduced the opportunities in digital camera industry
If the cell phone producers produced more phone that already have camera in it, the consumers will be less likely to buy another digital camera,
and this will lower the revenue of Digital Camera's producers and reduced their opportunities
Answer:
When marginal cost meet with the demand curve
Explanation:
<em>The industry will do the most efficient allocation of resources when the marignal cost met the demand curve. </em>
When that occur the cost of producing an additional unit matches the amount the consumers are willing to pay for it thus, are in equilibrium.
The government will also have to look for the marginal revenue at this point to determinate wheter or not to subsidize the monopoly or not to avoid going bankruptcy
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<span>A) -$13. The reason being that, opportunity cost is the benefit that a person could have received, but gave up,in order to take another course of action, which in this case is skiing. And since his salary per 1 hour in the winter months is $13, skiing for one hour instead of working during that hour will cost him $13</span>
I think he is showing signs of not being able to use his skills, and doubt in himself
