Question

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

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.

Answer 2

Answer:

D) 25 guitars

Explanation:

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