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

Author Question: An old friend takes you out to dinner and pays for your meal. Which of the following best represents ... (Read 105 times)

leo leo

  • Hero Member
  • *****
  • Posts: 566
An old friend takes you out to dinner and pays for your meal. Which of the following best represents your opportunity cost?
 
  A) the amount of money you would have spent to pay for the dinner yourself
  B) the money your friend could have made buying a winning lottery ticket
  C) the money you could have made working overtime at your job
  D) Both A and C

Question 2

Prior to 1921, federal agencies first submitted their budgetary requests to _____.
 
  a. the President
  b. the Speaker of the House
  c. the Congressional Budget Office
   d. the Treasury Department



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jayson

  • Sr. Member
  • ****
  • Posts: 350
Answer to Question 1

C

Answer to Question 2

d




leo leo

  • Member
  • Posts: 566
Reply 2 on: Jul 1, 2018
Excellent


lcapri7

  • Member
  • Posts: 350
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

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?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

For a complete list of videos, visit our video library