geidyalvarez70
geidyalvarez70 geidyalvarez70
  • 04-03-2021
  • History
contestada

How do businesses use opportunity costs to decide
what to produce?

Respuesta :

lemonadeandsugarnade
lemonadeandsugarnade lemonadeandsugarnade
  • 04-03-2021

Answer:

The PPF illustrates that opportunity costs exist when deciding what quantity of goods and services to produce in order to maximize efficiency and production capacity.

Explanation:

Companies use opportunity costs in production to make smart decisions by weighing the sacrifices of choosing one alternative over another.

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