I really don’t know why this is so challenging to me
Answer:
Opportunity cost is the cost of the next-best option. It is something important to know.
Explanation:
In microeconomic theory, opportunity cost is the loss or the benefit that could have been enjoyed if the best alternative choice was chosen. As a representation of the relationship between scarcity and choice, the objective of opportunity cost is to ensure the efficient use of scarce resources.
Please mark brainliest.
Producers think of workers in two ways, as consumers and as producers of goods and services.
A producer is responsible for putting on the market services and goods. Producers group included government, businesses, investor and individuals and they can hire workers for producing goods and services for them.
A worker as a consumer buys and pays for goods and services.
A worker as a producer can originate economic value, or produces goods and services.