which best describes how specialized producers decrease their opportunity costs?\nby reducing production…

which best describes how specialized producers decrease their opportunity costs?\nby reducing production costs\nby focusing on target markets\nby increasing production of certain items\nby limiting the types of goods produced

which best describes how specialized producers decrease their opportunity costs?\nby reducing production costs\nby focusing on target markets\nby increasing production of certain items\nby limiting the types of goods produced

Answer

Brief Explanations:

Opportunity cost is the value of the next - best alternative forgone. Specialized producers limit the types of goods they produce. By doing so, they can focus resources and efforts on what they do best, reducing the opportunity cost of not using those resources for other production. Reducing production costs is about cost - efficiency, not directly related to opportunity cost. Focusing on target markets is more about sales and marketing, not opportunity cost reduction. Increasing production of certain items doesn't necessarily reduce opportunity cost.

Answer:

by limiting the types of goods produced