Opportunity cost occurs because of a producer's need to
limit resources.
protect resources.
o allocate resources.
spend resources

allocate resources.

Explanation:

Opportunity cost arises because producers need to allocate limited resources to meet unlimited demands. Naturally, human beings tend to have insatiable needs. Due to the scarcity of resources, producers must make decisions on which solutions to offer at every situation.

Opportunity cost is the value of the forfeited best alternative. Producers will never have enough resources, including the time to address everybody's requirements. In choosing what to produce, producers will consider what they can manufacture using lower opportunity costs. By doing so, they make efficient use of their limited resources and achieve maximum profits.

answer; marketing resource management;

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