This topic contains a solution. Click here to go to the answer

Author Question: Opportunity cost means the A) accounting cost minus the marginal cost. B) highest-valued ... (Read 170 times)

audragclark

  • Hero Member
  • *****
  • Posts: 579
Opportunity cost means the
 
  A) accounting cost minus the marginal cost.
  B) highest-valued alternative forgone.
  C) accounting cost minus the marginal benefit.
  D) monetary costs of an activity.

Question 2

Consumption goods and services include
 
  A) washing machines and tickets to football games.
  B) new homes and existing homes (as long as improvements have been made to the existing home).
  C) tickets to concerts and medical care provided to veterans by the government.
  D) new and used textbooks as long as they are sold via stores or online.
  E) vacation time accumulated by workers.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

fauacakatahaias

  • Sr. Member
  • ****
  • Posts: 353
Answer to Question 1

B

Answer to Question 2

A




audragclark

  • Member
  • Posts: 579
Reply 2 on: Jun 29, 2018
Gracias!


anyusername12131

  • Member
  • Posts: 327
Reply 3 on: Yesterday
Excellent

 

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

For a complete list of videos, visit our video library