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Ede4ka [16]
3 years ago
12

What is the opportunity cost of increasing the number of televisions produced by 4, moving from point B to point C?

Business
1 answer:
kolezko [41]3 years ago
6 0

The opportunity cost of moving from point B to point C is the 2 units of butter that are given up to gain 1 additional gun.

<h3>What is opportunity cost?</h3>

Opportunity cost is an economic term for expressing cost in terms of foregone alternative. It is something needs to be given up in order to procure something else.

If the production chart is moved from A too B, there will be a decrease in the production.

The opportunity cost by shifting the lines is giving up the items and decreasing what is actually being produced. The decrease results in an opportunity cost - which is what you give up to gain something else.

Therefore, the opportunity cost of moving from point B to point C is the 2 units of butter that are given up to gain 1 additional gun.

Learn more about opportunity cost here : brainly.com/question/1549591

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