What is the opportunity cost of one more candy bar? 0 bag(s) of peanuts Do these opportunity costs rise, fall, or remain constant as additional units are purchased?

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10-01-2022
Business

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What is the opportunity cost of one more candy bar? 0 bag(s) of peanuts Do these opportunity costs rise, fall, or remain constant as additional units are purchased?

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Tundexi Tundexi · Answer 1 · 2022-01-18T11:11:10+01:00

The opportunity cost of one more candy bar is ½ of a bag of peanuts and these opportunity cost remain constant.

What is opportunity cost?

An opportunity cost refers to the forgone benefit which would have been benefit from a transaction, option or purchase not chosen.

Hence, based on the excerpt, the opportunity cost of one more candy bar is ½ of a bag of peanuts and these opportunity cost remain constant.