Opportunity cost of financial capital invested in business

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$1000 was withdrawn from a savings account earning 3% interest, $2000 additional was borrowed @ 7% interest. What is the opportunity cost of the financial capital invested in the business?

When a firms only variable input is labor, then the slope of the production function measures the?

When buyers in a competitive market take the selling price as given, they are said to be?

Reference no: EM131160410

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Opportunity cost of financial capital invested in business : $1000 was withdrawn from a savings account earning 3% interest, $2000 additional was borrowed @ 7% interest. What is the opportunity cost of the financial capital invested in the business? When a firms only variable input is labor, then the slope of ..
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