This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The opportunity cost of an activity a. depends on the individual's subjective values and opinions ... (Read 63 times)

mwit1967

  • Hero Member
  • *****
  • Posts: 501
on: Jul 1, 2018
The opportunity cost of an activity
 a. depends on the individual's subjective values and opinions
  b. is the same for everyone
  c. must be calculated and known before undertaking that activity
  d. is irrelevant to decision making
  e. is not related to time

Question 2

The opportunity cost of an activity is
 a. zero if you choose the activity voluntarily
  b. the amount of money spent on the activity
  c. the value of the best alternative not chosen
  d. the sum of benefits from all of the sacrificed alternatives
  e. the difference between the benefits and the costs of that activity


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nathang24

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

C


mwit1967

  • Member
  • Posts: 501
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

parker125

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Although average brain size increases gradually though time in H. erectus, individuals with small br Although average brain size increases gradually though time in H. erectus, individuals with small br
Normal lab values Normal lab values
The activity pyramid. The activity pyramid.
A spark plug thread chaser is a low-cost tool that hopefully will not be used often, but is ... A spark plug thread chaser is a low-cost tool that hopefully will not be used often, but is ...
The Dietary Reference Intakes Are Reference Values for Each Nutrient The Dietary Reference Intakes Are Reference Values for Each Nutrient
Perception Activity Perception Activity
Video: Dendrite Animation

For a complete list of videos, visit our video library