What is the opportunity cost of producing capital goods such as a ...

[stock]

What is the opportunity cost of producing capital goods such as a new road?
 
  What will be an ideal response?

Question 2

List four sources of market failure.
 
  What will be an ideal response?

[karlss]

Answer to Question 1

The opportunity cost of producing a new road can be measured by the next best alternative that could have been produced with the same resources.

Answer to Question 2

(1.) Imperfect competition
(2) Externalities.
(3.) Production of public goods.
(4.) Imperfect information.

[stock]

YES! Correct, THANKS for helping me on my review

[softEldritch]

Thanks for the timely response, appreciate it