navarrostef5 navarrostef5

15-04-2021
Mathematics

contestada

Lacey designs dresses. She can keep designing casual dresses that bring $65 but are easy to sell, or
she could design formal gowns that sell for $500 but must be high fashion. She takes a risk on formal
gowns
a. The opportunity cost is

Respuesta :

ewomazinoade ewomazinoade

20-04-2021

Answer:

$65

Step-by-step explanation:

opportunity cost of the next best option forgone when one alternative is chosen over other alternatives

By making formal gowns, she is forgoing the opportunity to earn $65 making casual dresses. this is her opportunity cost

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