Question

Demonstrating opportunity cost is done through production
analysis
possibility
calculation
research

Answer 1

Demonstrating opportunity cost is done through production possibility as it compares production numbers of one product to another along with production cost. The possibility chart is the curve that represents all maximum output possibilities for two goods where some resources and relevant factors are considered as input.  

Comparison between two products is possible via opportunity cost which is benefit, profit or value you can earn by produced goods and services in better manner.

Answer 2

Production possibility is the comparison of resources required in the production of two separate goods. Since opportunity cost is the cost benefit lost when a producer chooses to produce one product over another, production possibility is the best method to measure opportunity cost. This helps producers decide on the product that they are best equipped to produce.