Question #4136

•What is Michelle’s opportunity cost of producing chickens? she has 200 lbs of potatoes and 10 chickens

Expert's answer

10 chickens = 200 lbs of potatoes

1 chicken = 20 lbs of potatoes

Opportunity Costs = 20 lbs of potatoes.

1 chicken = 20 lbs of potatoes

Opportunity Costs = 20 lbs of potatoes.

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