History, 24.09.2020 07:01 jasmine2531

The firm initially produced 500 pants and 700 shirts. If the firm decides to increase the number of shirts by 100 units, the opportunity cost will be pants. If the firm is at point E and decides to increase the production of shirts by 500 units, the opportunity cost will be pants. In the US system, who or what allocates these resources?

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