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

Author Question: When looked at on a national scale, the opportunity costs of producing a certain output are defined as (Read 43 times)

faduma

  • Hero Member
  • *****
  • Posts: 528
on: May 25, 2020
When looked at on a national scale, the opportunity costs of producing a certain output are defined as
◦ explicit + implicit costs of the production.
◦ what it costs society as a whole to produce that output in terms of the best alternatives forgone.
◦ the marginal cost.
◦ what it costs a firm to produce that output in terms of the best alternatives it has forgone.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by faduma on May 25, 2020

carlsona147

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: May 25, 2020
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 39% of students answer this correctly


faduma

  • Member
  • Posts: 528
Reply 2 on: May 25, 2020
Excellent

kthug

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Chinese workers on a railway in the far West. “Without them,” Leland Stanford, president of the Cent Chinese workers on a railway in the far West. “Without them,” Leland Stanford, president of the Cent
The Effect of Using a Ratio Scale The Effect of Using a Ratio Scale
Hardness: Mohs Scale (1 of 2) Hardness: Mohs Scale (1 of 2)
AWG Scale and Ampacity AWG Scale and Ampacity
The pH scale and relationship between bicarbonate and carbonic acid The pH scale and relationship between bicarbonate and carbonic acid
Video: The Pressure Flow Model in a Plant

For a complete list of videos, visit our video library