Questions: Dada la cantidad de recursos, lo que se deja de producir de un bien para incrementar la producción de otro es: Costo de transacción Costo de oportunidad Ventaja comparativa Costo de producción

Dada la cantidad de recursos, lo que se deja de producir de un bien para incrementar la producción de otro es:
Costo de transacción
Costo de oportunidad
Ventaja comparativa
Costo de producción
Transcript text: Dada la cantidad de recursos, lo que se deja de producir de un bien para incrementar la producción de otro es: Costo de transacción Costo de oportunidad Ventaja comparativa Costo de producción
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Solution

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The answer is: Costo de oportunidad (Opportunity cost).

Explanation for each option:

  1. Costo de transacción (Transaction cost):

    • Incorrect. Transaction costs refer to the expenses incurred when buying or selling goods or services. These costs include things like fees, commissions, and other expenses related to the exchange process. They do not directly relate to the concept of what is foregone when choosing to produce one good over another.
  2. Costo de oportunidad (Opportunity cost):

    • Correct. Opportunity cost is the value of the next best alternative that is given up when making a decision. In the context of production, it refers to the amount of one good that must be sacrificed to produce an additional unit of another good. This concept is fundamental in economics as it highlights the trade-offs involved in resource allocation.
  3. Ventaja comparativa (Comparative advantage):

    • Incorrect. Comparative advantage refers to the ability of an entity to produce a good or service at a lower opportunity cost than others. While related to opportunity cost, it is not the direct answer to the question of what is foregone when increasing the production of another good.
  4. Costo de producción (Production cost):

    • Incorrect. Production cost refers to the total expense incurred in manufacturing a product, including raw materials, labor, and overhead. It does not specifically address the concept of what is sacrificed in terms of other goods when resources are reallocated.

In summary, the concept that describes what is foregone when increasing the production of one good at the expense of another is the "Costo de oportunidad" (Opportunity cost).

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