Economics-Principles-03-ID

A local bakery has 2 hours available and must choose between baking 10 loaves of bread or 5 cakes. The owner decides to bake the 10 loaves of bread. What is the opportunity cost of this decision?

• The price of the console will be increased.
• The price of the console will be decreased.
• The factory will produce fewer games.
• The company will increase its marketing budget.