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

Author Question: Opportunity cost What will be an ideal response? ... (Read 16 times)

leilurhhh

  • Hero Member
  • *****
  • Posts: 560
on: Jul 22, 2018
Opportunity cost
 
  What will be an ideal response?

Question 2

Market economy
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

sierramartinez

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: Jul 22, 2018
Answer to Question 1

goods and services forgone when the decision is made to produce more of one item and less of another

Answer to Question 2

economic systems in which individual buyers and sellers price, buy, and trade goods and services freely based on individual knowledge of competitive offers


leilurhhh

  • Member
  • Posts: 560
Reply 2 on: Jul 22, 2018
Wow, this really help

nathang24

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Synaptic response of photoreceptors to dark and light. Synaptic response of photoreceptors to dark and light.
Schematic diagram showing polyclonal response by B cells against linear epitopes. Schematic diagram showing polyclonal response by B cells against linear epitopes.
Dose-response relationship. As the dose of a drug increases, a maximal response or plateau is ... Dose-response relationship. As the dose of a drug increases, a maximal response or plateau is ...
Acquisition and Extinction of a Salivary Response Acquisition and Extinction of a Salivary Response
When operating your own business, it is wise to know your cost of capital and that of the ... When operating your own business, it is wise to know your cost of capital and that of the ...
Pathophysiologic response to anaphylaxis Pathophysiologic response to anaphylaxis
Video: Activation Energy - Valence Electrons

For a complete list of videos, visit our video library