describe the best course of action with respect to the factors above opportunity cost , marginal cost, marginalrevenue/ benefit

analyze the decision from an economic viewpoint, including:

1) what were the marginal benefits

2) how did you compare the marginal cost with the marginal benefits

3) what were the marginal cost ( not just dollar cost, but include any opportunuty costs)

4) were there any sunk cost involve? did you owned it in US

A business that produces small appliaces small appliances, such as blenders, toasters, etc, is considering expanding its blender line. it might require additional space, labor and management time devoted to planning and executing the expansion. how would your analysis change if you operated this business in a country that had a command-and control type of economy, vs if you owned it in the us.