Ask Question
BusinessBusiness
7 November, 23:14

What may be the opportunity cost of buying apples?

+4
Answers (1)
  1. 8 November, 00:12
    0
    The opportunity cost of any action is what you have to give up to do it. If you use your time to go to the movies, you can't use that same time to go to the gym ... Even though the opportunity cost of 2 apples is always one orange, the more apples are made, the more costly producing apples is in terms of welfare/utility
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “What may be the opportunity cost of buying apples? ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
What would be the advantages/disadvantages of using cost-of-service versus value-of service pricing for Hardee's customers? When discussing cost-of-service pricing, what type of cost (average versus marginal) would make more sense for Hardee? 2.
Answers (1)
For each user of accounting information, identify if the user would use financial accounting or managerial accounting. a. investor b. banker c. IRS d. manager of the business e. controller f. stockholder g. human resource director h. creditor
Answers (1)
How is real GDP different from GDP? A. Real GDP takes inflation into account. B. GDP takes inflation into account. C. Real GDP uses utility rather than dollars as a unit of measurement. D. GDP only uses dollars as a measurement.
Answers (2)
The type of term insurance that provides increasing death benefits as the insured ages is called
Answers (1)
What's drake first name
Answers (1)
New Questions in Business
An investment adviser has 1 main office and 3 branch offices, all located in different States. Which statement is TRUE about recordkeeping requirement for the adviser under the Uniform Securities Act?
Answers (1)
When economist use the term laissez-faire what economic idea are they referring to
Answers (1)
Which of the following is not an advantage of using conventional crude oil as an energy source? a. ample supply for several decadesb. low land disruptionc. efficient distribution systemd. environmental costs included in market pricee.
Answers (1)
How does money make the exchange process easier
Answers (1)
On June 1, Harding Co. purchased a machine for $14,000 and estimates it will use the machine for five-years with a $2,000 salvage value.
Answers (1)
Home » Business » What may be the opportunity cost of buying apples?
Sign Up Forgot Password?