The choice of <u>dedicating all the available resources to the production of only bagels</u> presents the lowest opportunity cost.
The expected profit per unit is the only data provided about the production process in the pastry shop. Therefore, those the two figures provided already contain information about the production costs of donuts and bagels, the market prices and the sold quantities, in order to deduce the profit that each product would generate.
In this situation, as the bagels make a higher profit per unit, the best option for the company would be chosing to dedicate all its resources to the production of bagels, because if not, when selling a donut the opportunity cost per unit of product would be 0.25, plus the things that the company will not be able to purchase that would have been possible if they had those extra 0.25 per unit.
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The state officially categorizes its population into six groups: white, African American, Native American/Alaskan Native, Pacific Islander, Asian, and Native Hawaiian. From those groups, Americans identity with ethnic groups that are even more specific.Jul 18, 2019
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<u><em>C : The Government. </em></u>
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In a command economy, <u>the government </u>controls major aspects of economic production. The government decides the means of production and owns the industries that produce goods and services for the public. The government prices and produces goods and services that it thinks benefits the people.
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The North wanted the new states to be free states. Most northerners thought that slavery was wrong and many northern states had outlawed slavery. The South, however, wanted the new states to be slave states
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