Question: If the farm uses its resources efficiently, what is the opportunity cost of an increase in chicken production from 300 pounds to 500 pounds a

If the farm uses its resources efficiently, what is the opportunity cost of an increase in chicken production from 300 pounds to 500 pounds a year? Explain your answer.


Use the table, which shows a farm€™s production possibilities, 

Soybean (bushels Chicken (pounds per year) per year) 500 and 300 400 and 200 and 500 and 550

Soybean (bushels Chicken (pounds per year) per year) 500 and 300 400 and 200 and 500 and 550

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