In Guatemala, the opportunity cost of 1 bushel of bananas is A. 4 bushel of oranges. B. 2 bushel of oranges. C. 1 bushels of oranges. D. one half bushels of oranges.

Question

Social Studies

Houston Ho

30 April, 10:22

In Guatemala, the opportunity cost of 1 bushel of bananas is A. 4 bushel of oranges. B. 2 bushel of oranges. C. 1 bushels of oranges. D. one half bushels of oranges.

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Answers (1)

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Yair Archer · Answer 1

B. 2 bushel of oranges

Explanation:

A decision made by a person that alters their personal landscape of going forward is called opportunity cost. It can affect various aspects of peoples life such as career, money, family and home. In economics the cost incurred by not enjoying the befits associated with the best alternative. It can never be zero for anything we do and sometimes the opportunity cost cannot be expressed in terms of money.