[Answered] Opportunity cost What will be an ideal response? ...

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

« previous next »

Author Question: Opportunity cost What will be an ideal response? ... (Read 14 times)

leilurhhh

Hero Member
Posts: 560

on: Jul 22, 2018

Opportunity cost

What will be an ideal response?

Question 2

Market economy

What will be an ideal response?

Need homework help now?

Ask unlimited questions for free

Ask a Question

Marked as best answer by a Subject Expert

sierramartinez

Sr. Member
Posts: 313

Reply #1 on: Jul 22, 2018

Answer to Question 1

goods and services forgone when the decision is made to produce more of one item and less of another

Answer to Question 2

economic systems in which individual buyers and sellers price, buy, and trade goods and services freely based on individual knowledge of competitive offers

leilurhhh

Member
Posts: 560

Reply 2 on: Jul 22, 2018

Great answer, keep it coming

Bigfoot1984

Member
Posts: 321

Reply 3 on: Yesterday

Gracias!

« previous next »

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.