Opportunity cost when 3 military outfits are produced is 30
Opportunity cost when 4 military outfits are produced is - 35.
Opportunity cost when 5 military outfits are produced is -50.
As military outfit increases, opportunity cost declines.
<h3>What is the opportunity cost?</h3>
Opportunity cost of the next best option forgone when one alternative is chosen over other alternatives
<h3>What is the opportunity cost of producing military outfits? </h3>
Opportunity cost = change in the total pounds of butter produced / change in total outfit produced
Opportunity cost when 3 military outfits are produced = (85 - 115) / (3 - 2) = 30
Opportunity cost when 4 military outfits are produced = (50 - 85) / (4 - 3) = - 35
Opportunity cost when 5 military outfits are produced = (0 - 50) / (5 - 4) = -50
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