Question

Example 2. A farmer produces 100 kg of wheat on a piece of land with the help of a give
quantity of resources. If this farmer can also produce 70 kg of rice with the same quantity
resources, then what is the opportunity cost of producing wheat?​

Answer 1

Answer:

Explanation:If this farmer can also produce 70 kg of rice with the same quantity of resourced, then what is the opportunity cost of producing wheat? Solution : The opportunity cost of producing wheat is 70 kg of rice.

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Answer 2

Answer:

the opportunity cost of wheat is 36 kg