Business, 26.01.2021 06:20, rileyeddins1010

A farmer has developed a new type of fertilizer. This new fertilizer costs 20 percent more to produce than the old fertilizer but has better results: The
same land now produces 25 percent more crops each year.
Which statement best describes one way the farm will be affected by using
this new fertilizer?
O A. The farm's opportunity cost for using fertilizer will increase.
B. The farm's marginal cost for fertilizer will increase.
O C. The farm's marginal cost for fertilizer will decrease.
O D. The farris opportunity cost for using fertilizer will decrease.

Answers: 1

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A farmer has developed a new type of fertilizer. This new fertilizer costs 20 percent more to produ...