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What will happen if a shoe firm sells its shoes at a price lower than the opportunity cost of the input used in the production process

What will happen if a shoe firm sells its shoes at a price lower than the opportunity cost of the input used in the production process
asked 70.9k views
2 votes
what will happen if a shoe firm sells its shoes at a price lower than the opportunity cost of the input used in the production process

asked
User Branco Medeiros
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7.9k points

1 Answer

3 votes
The output would be a negative gain.
answered
User Wahaj Ali
by
8.5k points
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