In the decision to stop production of product A to and start producing product B in the same production line, which of the following is an opportunity cost? O a. The cost of the materials we will be using to make product B O b. The revenue we would generate from making product C instead OC. The cost of the line supervisor. Od. The cost we paid for market research to find whether demand existed for Product B A

In the decision to stop production of product A to and start producing product B in the same production line, which of the following is an opportunity cost? O a. The cost of the materials we will be using to make product B O b. The revenue we would generate from making product C instead OC. The cost of the line supervisor. Od. The cost we paid for market research to find whether demand existed for Product B A

Microeconomic Theory

12th Edition

ISBN:9781337517942

Author:NICHOLSON

Publisher:NICHOLSON

Chapter12: The Partial Equilibrium Competitive Model

Section: Chapter Questions

Problem 12.6P

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