Respuesta :
One pound of beef -1/10 of an auto.
Opportunity cost means the cost of the next best alternative. Here 100pounds of beef=10 auto
1 pound of beef =10/100autos
1 pound of beef =1/10 autos
It means if Brazil doesn't produce 1 pound of beef then he can produce 1/10 autos and this is the opportunity cost of 1 pound of beef.
The possible value is time spent analyzing and that money to spend on something else. A farmer chooses to plant wheat; the opportunity value in planting a special crop or an alternate use of the assets (land and farm system). A commuter takes the education to paintings in place of riding.
Opportunity price is an economics term that refers back to the cost of what you need to give up that allows you to pick out something else. In a nutshell, it's a value of the road no longer taken.
The definition of possible value is the capacity gain misplaced through the choice to take an extraordinary route of action whilst thinking about a couple of investments or avenues of business.
Learn more about Opportunity costs here https://brainly.com/question/8846809
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