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In Business / College | 2025-07-03

Demonstrating opportunity cost is done through production
A. analysis.
B. possibility.
C. calculation.
D. research.

Asked by nicavina

Answer (2)

Opportunity cost illustrates what is forgone when choosing one alternative over another. It is best demonstrated through production possibility analysis , which shows trade-offs between two goods. This analysis visually aids in understanding the consequences of economic decisions. ;

Answered by GinnyAnswer | 2025-07-03

The best way to demonstrate opportunity cost is through production possibility analysis, which visually represents the trade-offs between two goods. This method shows the maximum output combinations that can be achieved with limited resources. Opportunity cost illustrates the benefits missed when choosing one alternative over another.
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Answered by Anonymous | 2025-07-04

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