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

Author Question: Opportunity cost is (Read 29 times)

kshipps

  • Hero Member
  • *****
  • Posts: 571
on: Apr 19, 2019

Question 1

You own 
American Sniper on DVD. The opportunity cost of watching this DVD for the fourth time


◦ is zero, since you own it.
◦ is one-fourth the cost of the DVD, as this is the fourth time you have watched it.
◦ is the value of the alternative use of the time you spend watching the DVD.
◦ must be the same as the opportunity cost of watching it the first time.

Question 2

Opportunity cost is


◦ what we give up to get something else.
◦ marginal cost divided by total cost.
◦ the same as real cost.
◦ All of these.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by kshipps on Apr 19, 2019

cloud

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 59% of students answer this correctly


kshipps

  • Hero Member
  • *****
  • Posts: 571
Reply #2 on: Apr 19, 2019
Thanks


cloud

  • Sr. Member
  • ****
  • Posts: 343
Reply #3 on: Apr 19, 2019
Welcome :)


« previous next »
 

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

As a result of sharing its environment with humans, this macaque had the opportunity to steal an ast As a result of sharing its environment with humans, this macaque had the opportunity to steal an ast
The Increasing Cost of Health Care, 1960–2010 The Increasing Cost of Health Care, 1960–2010
For millions of people, the United States represents a land of opportunity and freedom from ... For millions of people, the United States represents a land of opportunity and freedom from ...
Cost Accounting: A Managerial Emphasis 16th Edition Cost Accounting: A Managerial Emphasis 16th Edition
Cost of Going to School Cost of Going to School
Calculate the weighted-average cost of the following inventory purchases:DateQuantity ... Calculate the weighted-average cost of the following inventory purchases:DateQuantity ...
Video: How antibiotics works? 💊

For a complete list of videos, visit our video library