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Ivahew [28]
3 years ago
8

Consider the following information: the marginal products of labor for the US in producing Cars and Wheat are 24 and 18. Given t

he information above, US's opportunity cost of producing cars is: A. 0.50 wheat B. 1.33 wheat C. 0.75 cars D. 0.75 wheat
Business
1 answer:
stepan [7]3 years ago
7 0

Answer:

0.75 wheat

Explanation:

Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.

the opportunity cost of producing cars, is the quantity of wheat that would have to be forgone to produce one car

18 / 24 = 0.75 wheat

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Private Employers.

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3 years ago
Incorrect answer. Your answer is incorrect. Try again.
liubo4ka [24]

Answer:

Dealer Market

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3 years ago
When the tasks and authority associated with various positions in the organization are clearly specified, it creates a scenario
nydimaria [60]

Answer:

A) employees are held strictly accountable for their actions.

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