-Employees at Bank of America are good at providing banking services and workers at Ben & Jerryʹs are good at making ice cream. The figure above shows the marginal cost and marginal benefit curves for ice cream. As Ben & Jerryʹs increases production from 1 to 2 million gallons of ice cream, the

Question

Quizplus · Accepted Answer

As production increases, the opportunity cost of producing additional units typically rises due to the law of increasing opportunity costs, meaning more banking services are foregone per gallon of ice cream produced.

-Employees at Bank of America Are Good at Providing Banking