How can opportunity cost be measured?

Question

How can opportunity cost be measured?this question is part of microeconomics exam #1

John Adney · Accepted Answer

Opportunity Cost is the no. of units of a commodity sacrificed to increase the production of a particular commodity

John Smith · Answer

1. Decrease in the quantity produced of one good divided by the increase in the quantity produced of another good as we move along the production possibilities frontier

How can opportunity cost be measured?

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John Adney

John Smith

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How can opportunity cost be measured?

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John Smith

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