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inysia [295]
3 years ago
9

If producing 200 buttons and 200 safety pins

Business
1 answer:
melomori [17]3 years ago
6 0

Answer:

The correct option is - B. The opportunity cost is in producing fewer safety pins.

Explanation:

The correct option is - B. The opportunity cost is in producing fewer safety pins.

Reason -

Initially we produce 200 buttons and 200 safety pins and there are 50% split of resources.

Now, If we produce 300 buttons and 100 safety pins and there is no change in the split of resources, then

The opportunity cost of extra 100 buttons is sale amount we would have been getting if we make that 100 safety pins.

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