The opportunity cost of producing one additional truck is

A) the profit that could have been earned from selling that truck.
B) the amount of other goods that could not be produced because productive resources were used instead to produce that truck.
C) the price of the truck.
D) all of the choices are true.

Opportunity Cost

The value of the next best alternative that is foregone when making a choice.

Productive Resources

Factors used in the production of goods and services, which include labor, capital, and natural resources.

Additional Truck

Refers to an extra vehicle that may be required for operational purposes, often to increase capacity or meet growing demand.