If a farmer's opportunity cost of producing 50,000 bushels of wheat is 20,000 fewer bushels of soybeans, then his or her opportunity cost of producing 50,000 bushels of soybeans must also be 20,000 fewer bushels of wheat.

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Opportunity cost depends on the production possibilities frontier (PPF) of the farmer, which is not necessarily linear. The opportunity cost of producing one good in terms of another can vary depending on the current levels of production, due to factors like differing marginal costs or resource limitations.

If a Farmer's Opportunity Cost of Producing 50,000 Bushels of Wheat