Donate SIGN UP
Home > Business & Finance > What circumstances might it be possible to increase output without incurring an opportunity cost

What circumstances might it be possible to increase output without incurring an opportunity cost

Avatar Image
cdwrover123 | 20:32 Thu 16th Sep 2010 | Business & Finance
3 Answers
in what circumstances might it be possible to increase output without incurring an opportunity cost. Thanks
prev how to find out if my home address is being used as a business address without my knowing
  
next bl00dy LLoyds TSB
Gravatar

Answers

1 to 3 of 3rss feed

Best Answer

No best answer has yet been selected by cdwrover123. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.
Avatar Image joggerjayne
Why is there a relationship between output and opportunity cost ?
20:33 Thu 16th Sep 2010
Avatar Image factor-fiction
Can you clarify the question. I studied economics as part of my degree, so I know what output is and what opportunity costs are but I'm not clear what you are asking
22:01 Thu 16th Sep 2010
Avatar Image buildersmate
When one can improve the efficiency of the activity or process without having to invest in it to do so (any investment being the 'opportunity cost'). For example, by cutting out steps in the process that don't impact the quality of the output, as perceived by the customer.
20:51 Fri 17th Sep 2010

1 to 3 of 3rss feed

Do you know the answer?

What circumstances might it be possible to increase output without incurring an opportunity cost

Answer Question >>

Related Questions

Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.