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Author Question: A retired individual decides to spend the day playing golf. The opportunity cost of this decision (Read 86 times)

TVarnum

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on: May 25, 2020
A retired individual decides to spend the day playing golf. The opportunity cost of this decision
◦ is zero, since the individual is retired and is not forgoing any income to spend the day golfing.
◦ is equal to cost of the golf outing.
◦ could be measured by using the wage rate this individual earned prior to retirement.
◦ equals the cost of the golf outing plus the value of the individual's alternative use of time.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by TVarnum on May 25, 2020

dreamfighter72

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Reply #1 on: May 25, 2020
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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TVarnum

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Reply 2 on: May 25, 2020
Great answer, keep it coming :)

aruss1303

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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