Which of the following is not a true statement about capacity?
A)Capacity is a measure of the limit placed on a specific resource.
B)Opportunity costs are relevant when capacity of a critical resource is limited.
C)Opportunity costs are relevant when capacity of a critical resource is unlimited.
D)The number of people that will fit in a restaurant is an example of capacity.

Question

Quizplus · Accepted Answer

If the capacity of a critical resource is unlimited, then there are no opportunity costs to consider. Therefore, statement C is not true.

Which of the Following Is Not a True Statement About