Question

A factory increases wages for its workers but does not have enough money left over to invest in new machinery. This is an example of which economic concept? A. Opportunity cost B. Incentive C. Marginal benefit D. Marginal cost​

Answer 1

A. Opportunity cost

Step-by-step explanation:

I just took the Apx test

Answer 2

A. Opportunity costs

Step-by-step explanation:

I got this as a correct answer on APEX plus according to my notes, it makes sense