Which of These Best Describes an Opportunity Cost

Do not waste time. Which of these best describes an opportunity cost.

Salesforce Blog News Tips And Insights From The Global Cloud Leader Medical Sales Sales And Marketing Sales Manager

Which of the following best describes opportunity cost.

. O a win-win O a loss a chance a trade-off. Which of the following episodes led to widespread charges that president reagan was not in adequate control. Which manufacturer has the absolute advantage.

A it is a relevant cost in decision making but is not part of the traditional accounting recordsB it is not a relevant cost in decision making but is part of the traditional accounting recordsC it is a relevant cost in decision making and is part of the traditional accounting records. A person decides to go back to college in order to transition to a new career. B Opportunity cost is the value in dollars of a trade-off.

O a win-win o a loss a chance a trade-off. 1 Get Other questions on the subject. B The value of the alternative not selected.

Oppurtunity cost is a key concept in economics and has been described as expressing the basic relationship between scarcity and choice. Which statement best describes opportunity cost. Frankly speaking there is no such specifically agreed or defined on a mathematical formula for the calculation of opportunity cost but there are certain ways.

Leave a Reply Cancel reply. Which of these best describes an opportunity cost. Opportunity Cost 80000 selling ten cars worth 8000 each 60000 selling 5 trucks worth 12000 each Opportunity Cost 20000.

D The value of the next. Correct answer - Which of these best describes an opportunity cost. Suppose that on the basis of a nations production possibilities curve an economy must sacrifice 10000 pizzas domestically to get the 1 additional industrial robot it desires but that it can get the robot from another country in exchange for 9000 pizzas.

A win-win a lass a chance a trade-off. 2 Show answers Another question on English. Opportunity cost is used to describe the value that is given up by choosing an alternative option when faced with choices.

Which american writer is among the pioneers. Please just chose the correct answer for. O a win-win o a loss a chance a trade-off.

These costs trigger no additional payments or cash outflows but rather the loss of an opportunity to earn from the existing resources differently. Which of these best describes an opportunity cost. When a business must decide among alternate options they will choose the one that provides them the greatest return.

Rosariomividaa3 and 3 more users found this answer helpful. A win-win a loss a chanco a trade-off. C The difference between the alternative selected and the next best alternative.

Question 1 Opportunity Cost Best Described Which Following Published by James Muriuki on January 31 2021 January 31 2021. A win-win a loss a chance a trade-off. Producers can increase their profits.

Which of these best describes an opportunity cost. Which of the following best describes an opportunity cost. A The value of the alternative selected.

1 Which of the following best describes the concept of opportunity cost a historical cost b accounting cost c the value of the best opportunity given up d the cost of the worst opportunity given up 2 All points inside the frontier of the PPC are. Which best describes how producers benefit from specialization. Get a complete paper today.

Updated 1192014 95734 PM. An employer who hires a new employee cant hire the other people she interviewed. A Opportunity cost is the best choice in a decision.

A corporation that begins selling a new product sees its overall profits increase. D Opportunity cost is all the alternatives not chosen in a decision. Which of these best describes an opportunity cost.

How do you relate regrets and opportunity costs. The notion of opportunity cost plays a crucial part in attempts to ensure that scarce resources are used effieciently. Question 4 of 10 Which situation best describes an opportunity cost.

Realism was a fairly influential and widespread literary movement in the united states in the latter half of the nineteenth century. Which of these best describes an opportunity cost. History 21062019 2100 ximenareyna07.

Order essays research papers term papers book reviews assignments. AInefficient b efficient c equivalent d equilibrium. What can a producer gain by specializing.

Which of these best describes an opportunity cost. C Opportunity cost is the best alternative decision. Sergeinik 125 11 months ago.

The opportunity cost is the movie that has been forgoneattending Baseball training in order to be a better player instead of going to your favorite night club when the best artiste would be. Your email address will not be published. Now consider the following statement.

How to Calculate Opportunity Cost. Implicit costs make the best use of the concept of Opportunity costs. Required fields are marked.

Economics questions and answers. Opportunity Cost Return on Most Profitable Investment Choice Return on Investment Chosen to Pursue. Asked 1192014 60000 PM.

Implicit costs do not represent direct payments but the usage of already-owned resources. Our leading custom writing service provides custom written papers in 80 disciplines. Log in for more information.

An opportunity cost does not necessarily need to be monetary and may describe a sense of loss. Opportunity Cost is the cost of the next best alternative forgiven. A trade-off best describes an opportunity cost.

Through international specialization and trade a nation can reduce its opportunity.

Winnie The Pooh I Always Get To Where I Am Going Trucker Hat Zazzle Com Trucker Hat Winnie The Pooh Pooh

5 Benefits Of Iot For Retail Infographic Iot Infographic Internet

Who Knows Daddy Best Baby Shower Game Cards 20 Count It S A Boy Boy Baby Shower Games Baby Shower Funny Boy Baby Shower Themes

How To Plan For Your Financial Future Frugal Fanatic Financial Planning Budget Monthly Budget Template Budget Help

Production Possibility Frontier Ppf Definition

This Describes How My Mother In Law Is Exactly Texting And Calling Everyday Multiple Times A Day A Mother In Law Quotes Mother In Law Problems Monster In Law