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1. A country can produce either 16 pounds of fish or 9 bushels of corn. What...

1. A country can produce either 16 pounds of fish or 9 bushels of corn. What is the opportunity cost of producing one bushel of corn? Round to 2 decimal places

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Answer #1

Opportunity cost = The highest valued alternative that must be forgone when a choice is made.ANSw ER opportunity ost The Highest- valued alternosve thof must be ossone when q Cheice is made ucing one bushel of (16 x The oppo扦unity costat producing one bushel otroarte 14 1, 78 pounds of tish

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