Question

A piece of land products 60 kg of wheat and 0 kg of tomato or 1000 kg of tomato and 0 kg of wheat . find opportunity of wheat and tomato

Answer 1

Answer:

opportunity cost of production is a commodity refers to the resources which have to be sacrifices in terms of the next best alternative which could have been produced using the same resources.

Therefore,the next best alternative which could be produced on the piece of land mentioned here is 80 tons of wheat, which is sacrificed for the production of 100 kg of rice

Explanation:

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