How is opportunity cost of production calculated?.

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asked Feb 2, 2024 189k views

1 Answer

Fuego DeBassi · Answer 1 · 2024-02-09T13:15:56+0000

Step-by-step explanation:

Opportunity cost is calculated by applying the following formula: Opportunity Cost = Return on Most Profitable Investment Choice - Return on Investment Chosen to Pursue.

How is opportunity cost of production calculated?.

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