Question

Based on what you have read, what is the opportunity
cost of the glass-making company's decision?
a higher quality item
O a greater profit
a loss of equipment
O a longer production time

Answer 1

The cost of the glass-making company's decision is a higher quality item.

Explanation:

• Every glass company in the world has a serious problem is that they are not making a profit.It is because the cost of production was too high.

• So, they decided to reduce costs. Reduction of cost can be done by reducing the quality of the products.
• By this, the production cost is less and the profit is going to increase. At last, the glass-making company decided to increase the item quality.

Answer 2

A. a higher quality item