Opportunity cost of producing a bushel


If the farm adopts a new technology, which allows it to use fewer resources to fatten chickens, explain how the farm's production possibilities will change. Explain how the opportunity cost of producing a bushel of soybean will be affected.

soybean (bushels per year) 500, 400, 200,0

chicken (pounds per year) 0, 300, 500, 400

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Business Management: Opportunity cost of producing a bushel
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