Opportunity Cost Advantages And Disadvantages
Marginal opportunity cost is how much you sale and how your business is doing in sale if it’s bad or good. If you opening up a business you have to go with opportunity cost. You do have to know what is saleing in you company and what not saleing. Opportunity cost is also have you sale your product.
I think the disadvantages one is for the American workers and American consumers is that they want make a lot of money. I think that they will lose than gain. Some things might some in damage so that’s more work. The advantages I think is they don’t have to do it them self just have to order it and see if it will come in or not. They just have to watch how that orders things because you might order too much and you will lose money because you have to throw it away.
For the foreign worker and foreign consumers there disadvantages …show more content…
They are in a completive with goods so that have to make sure everything is great.” In point of fact, a cursory examination of the tariff rates employed by different countries does seem to indicate that they reflect, to a considerable extent, the competitiveness of domestic industries. In some cases, "tariff quotas" are used to strike a balance between market access and the protection of domestic industry. Tariff quotas work by assigning low or no duties to imports up to a certain volume (primary duties) and then higher rates (secondary duties) to any imports that exceed that level.”(CHAPTER 4