The firm initially produced 500 pants and 700 shirts. If the firm decides to increase the number of shirts by 100 units, the opp

Question

3 years ago

6

The firm initially produced 500 pants and 700 shirts. If the firm decides to increase the number of shirts by 100 units, the opp

ortunity cost will be pants. If the firm is at point E and decides to increase the production of shirts by 500 units, the opportunity cost will be pants.

Business

2 answers:

Volgvan · Answer 1 · 2021-12-07T16:04:04+03:00

Volgvan3 years ago

6 0

200 for the first one and 400 for the second one

Scrat [10] · Answer 2 · 2021-12-07T14:13:03+03:00

Scrat [10]3 years ago

4 0

<span>If the firm decides to increase the number of shirts by 100 units, the opportunity cost will be 200 pants. If the firm is at point E and decides to increase the production of shirts by 500 units, the opportunity cost will be 400 pants.</span>