hanpar3069 hanpar3069

14-04-2020
Business

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Let's assume that your favorite musician (who sells platinum records and has sold-out concerts) is a great cook. He also makes splendid cakes and pies. He could sell the pies and cakes for $30 each. Why doesn't he spend his whole day baking and cooking?

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chamberlainuket chamberlainuket

15-04-2020

Answer:

Because the opportunity cost of baking pies will be too high and he can make a lot more from singing and signing record deals

Explanation:

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