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Author Question: Opportunity cost is (Read 53 times)

kshipps

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on: Apr 19, 2019

Question 1

You own 
American Sniper on DVD. The opportunity cost of watching this DVD for the fourth time


◦ is zero, since you own it.
◦ is one-fourth the cost of the DVD, as this is the fourth time you have watched it.
◦ is the value of the alternative use of the time you spend watching the DVD.
◦ must be the same as the opportunity cost of watching it the first time.

Question 2

Opportunity cost is


◦ what we give up to get something else.
◦ marginal cost divided by total cost.
◦ the same as real cost.
◦ All of these.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by kshipps on Apr 19, 2019

cloud

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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kshipps

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Reply #2 on: Apr 19, 2019
Thanks


cloud

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Reply #3 on: Apr 19, 2019
Welcome :)


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