DEfinE:Renewable resouces,Specialization,assembly line&Opportunity cost thankx if u answer it correctly!!!!!!

Question

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Answer 1

Opportunity cost is You have money in a CD at 5% and along comes a 8% CD and you don't have the money to buy the 8% CD because it's locked up in a 5% CD renewable resources trees corn etc. something that you use and you can grow more of. Specialization a company that makes say ink pens.They make plastic ink pens of all types but your company makes hand made wood parts that only you make for high end executive pens and the plastic pen company buys your wooden pen parts assembly line you gotta know that one.