jemily5901 jemily5901

27-03-2019
Social Studies

contestada

What represents the value of the second-best alternative that a person gives up when making a choice? A. marginal spending B. marginal benefit C. opportunity cost D. marginal cost

Respuesta :

MrsWhitfield2018 MrsWhitfield2018

27-03-2019

The value of the second-best alternative that a person gives up when making a choice is:

C. opportunity cost

The opportunity cost, also known as the alternative cost, is given up when making a choice.

Answer Link

Otras preguntas

Calculate the nominal annual cost of trade credit under each of the following terms. Assume a 365-day year. Do not round intermediate calculations. Round your a

because incident details are often unknown at the start, command should not be established until after the incident action plan has been developed T/F

Smiling Elephant, Inc., has an issue of preferred stock outstanding that pays a $5.70 dividend every year, in perpetuity. If this issue currently sells for $80.

what physical feature divides north africa from the rest of the continent

Costs that can be eliminated in whole or in part if a particular business segment is discontinued are called: A. sunk costs. B. opportunity costs. C. avoidable

If you borrow $22.000 as a 4-year loan from the bank and the bank requires you to make end-of-year payments of $6349 01, what is the annual interest rate on thi

____ is a current liability and represents the amount of income taxes a company must pay to the federal government based on tax reporting rules.

As of December 31, Year 2, Bristol Company had $100,000 of assets, $40,000 of liabilities and $25,000 of retained earnings. What percentage of Bristol's assets

In photorespiration, release of CO 2 occurs in A chloroplast B mitochondria C peroxisomes D glyoxysome

a disease or condition that does not respond to treatment is called:

ACCESS MORE EDU ACCESS