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

Author Question: The opportunity cost to a city for using local tax revenues to construct a new park is the: a. best ... (Read 73 times)

segrsyd

  • Hero Member
  • *****
  • Posts: 530
on: Jun 30, 2018
The opportunity cost to a city for using local tax revenues to construct a new park is the:
 a. best alternative foregone by building the park.
  b. dollar cost of constructing the new park.
  c. dollar cost of the old park.
  d. increased taxes necessary to pay for maintenance of the new park.

Question 2

Which of the following sayings best reflects the concept of opportunity cost?
 a. You can't teach an old dog new tricks. b. There is no such thing as a free lunch.
  c. I have a baker's dozen. d. There's no business like show business.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Benayers

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

b


segrsyd

  • Member
  • Posts: 530
Reply 2 on: Jun 30, 2018
Gracias!

coreycathey

  • Member
  • Posts: 333
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Spotted hyena in Amboseli National Park, Kenya Spotted hyena in Amboseli National Park, Kenya
Matthew Ritchie, three stills from The Iron City. Matthew Ritchie, three stills from The Iron City.
Working and Living and Playing in the City Dump of Phnom Penh, Cambodia Working and Living and Playing in the City Dump of Phnom Penh, Cambodia
Warning signs like this one are often posted when local waters Warning signs like this one are often posted when local waters
Cost of Copying for the Follower Country Cost of Copying for the Follower Country
Video: Types of synapses - electrical & chemical

For a complete list of videos, visit our video library