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Home > Business & Finance > What circumstances might it be possible to increase output without incurring an opportunity cost

What circumstances might it be possible to increase output without incurring an opportunity cost

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cdwrover123 | 21:32 Thu 16th Sep 2010 | Business & Finance
3 Answers
in what circumstances might it be possible to increase output without incurring an opportunity cost. Thanks
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Avatar Image joggerjayne
Why is there a relationship between output and opportunity cost ?
21:33 Thu 16th Sep 2010
Avatar Image factor-fiction
Can you clarify the question. I studied economics as part of my degree, so I know what output is and what opportunity costs are but I'm not clear what you are asking
23:01 Thu 16th Sep 2010
Avatar Image buildersmate
When one can improve the efficiency of the activity or process without having to invest in it to do so (any investment being the 'opportunity cost'). For example, by cutting out steps in the process that don't impact the quality of the output, as perceived by the customer.
21:51 Fri 17th Sep 2010

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