1. Stella Ann Freeman is having a difficult time deciding whether or not to purchase a new car. How would understanding the concept of opportunity costs help her make a decision?
2, Referring to the table below, hiring a driver costs $10. Each machine costs $100. Which method should he use and why?
An independent trucker has the following options. If he buys expensive machinery then he can hire fewer drivers to deliver the same output. Over the course of this month he has to deliver to 50 spots.
