Opportunity cost of producing

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Reference no: EM13735426

Assume the U.S. currently grows 2.5 million tons of fresh winter fruit and that the resources absorbed in the production of this fruit could have produced 300,000 laptop computers. Therefore, the opportunity cost of producing 1 million ton of fresh winter fruit is approximately:

Select one:

a. The market value of 2.5 million tons of fresh winter fruit minus the market value of 30,000 laptop computers.

b. The market value of 30,000 laptop computers minus the market value of 2.5 million tons of fresh winter fruit

c. 30,000 laptop computers

d. 12,000 laptop computers

e. None of the above

Reference no: EM13735426

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