![Uses of opportunity cost to the producer Uses of opportunity cost to the producer](https://digitalteachers.co.ug/wp-content/uploads/2022/09/Bbosa-Science.png)
Uses of opportunity cost to the producer
- it helps in pricing factors of production
- it helps in the pricing of commodities
- it helps in deciding what to produce
- it helps in deciding when to produce
- it guides producers on how to produce
- it helps in determining how much to produce
- it helps in deciding location of production
CATEGORIES Economics
TAGS Dr. Bbosa Science