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

Author Question: The opportunity cost of an activity a. depends on the individual's subjective values and opinions ... (Read 56 times)

mwit1967

  • Hero Member
  • *****
  • Posts: 501
on: Jul 1, 2018
The opportunity cost of an activity
 a. depends on the individual's subjective values and opinions
  b. is the same for everyone
  c. must be calculated and known before undertaking that activity
  d. is irrelevant to decision making
  e. is not related to time

Question 2

The opportunity cost of an activity is
 a. zero if you choose the activity voluntarily
  b. the amount of money spent on the activity
  c. the value of the best alternative not chosen
  d. the sum of benefits from all of the sacrificed alternatives
  e. the difference between the benefits and the costs of that activity


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nathang24

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

C


mwit1967

  • Member
  • Posts: 501
Reply 2 on: Jul 1, 2018
Gracias!

ryhom

  • Member
  • Posts: 366
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Default Activity in the Alzheimer Brain Default Activity in the Alzheimer Brain
Baseline Pulse, Respiration, and Blood Pressure Values from Birth to Adolescence Baseline Pulse, Respiration, and Blood Pressure Values from Birth to Adolescence
Maslow’s hierarchy of needs proposes that lower needs dominate the individual’s motivations and ... Maslow’s hierarchy of needs proposes that lower needs dominate the individual’s motivations and ...
A spark plug thread chaser is a low-cost tool that hopefully will not be used often, but is ... A spark plug thread chaser is a low-cost tool that hopefully will not be used often, but is ...
Infant formula is available in several forms and varies in cost and ingredients Infant formula is available in several forms and varies in cost and ingredients
Respiratory response to increased activity levels Respiratory response to increased activity levels
Video: Hydrogen bonds vs. Ionic bond

For a complete list of videos, visit our video library