ks797651 ks797651

14-01-2021
English

contestada

2. What is the concept of an “Opportunity Cost” in economics?

Respuesta :

Brebee79 Brebee79

14-01-2021

Answer:

The concept of an opportunity cost is when a business decision makes you lose out on potential profit.

Explanation:

I think this is what it is, hope this helps :)

Answer Link

Otras preguntas

The assassination of ______ was the immediate cause of world war i.

the receptionist says you should leave exactly 3 dollars if you want to tip 20% of the price of the haircut. what was the price of the haircut

Is a rattle snake unicellular or multicellular

There is an increase in the amount of work completed; all other factors have remained the same. The amount of power will: A.) decrease, then increase. B.) incre

Would the following peer response be considered effective or ineffective: When you indicate that college is a scary place, I get no real idea of why or how. Wha

What times five will get you fifty six?

what biome do you think is best place to live?

Which of the following is a true statement about recycling? It takes more energy to make steel from scrap metal than from newly mined ore. After they are c

If the kinetic and potential energy in a system are equal, then the potential energy increases. What happens as a result?

what is the slope of the line that passes through the points (0,6) and (4,-1)