kmkrreeves9526 kmkrreeves9526
  • 19-08-2020
  • Business
contestada

The opportunity cost of a choice is the _____ of the opportunities lost.a. Valueb. Interest

Respuesta :

ewomazinoade ewomazinoade
  • 20-08-2020

Answer:

value

Explanation:

Opportunity cost or implicit is the value of the option forgone when one alternative is chosen over other alternatives.

For example, if I leave by job where i earn $100,000 per year to study economics in college. My opportunity cost is $100,000. This is the amount i would have been earning if i didn't go to college

Answer Link

Otras preguntas

I NEED HELP ASAP PLEASE?!!!!!
In the hotly competitive auto industry, Geely faces high pressure for cost reductions. The company also sells its Volvo brand to the same high-income, safety-co
Which statement best explains the development of communism in China? After World War II, China’s economy prospered under the Nationalist government. The success
Which hormones promote facultative water reabsorption?.
Find the solution set of the inequality 4.7 -1 <11.
The urinary bladder is composed of ________ epithelium. A) transitional B) simple squamous C) stratified squamous D) pseudostratified columnar
Aster sells used cars. she earns no base pay, but is paid a commission of 25% for each car sold which can be modeled by the equation y = 0.25x, where x represen
Overgrazing of grasslands can lead to reduced range quality. Two of the major effects of overgrazing are:.
Last one, I promise!!! ._. 19x+28=20x-53
Definition law of moments