dashagholar dashagholar
  • 11-11-2015
  • Social Studies
contestada

How does cost differ from opportunity cost

Respuesta :

WorldCitizen WorldCitizen
  • 11-11-2015
Cost is usually taken to be the prize (real prize, but not necessarily money: could be resources) paid for something.

Opportunity cost is a loss of an opportunity: it is not a loss of something that you had but of something that you could have had; an opportunity you loose, not something you already have that you loose.
Answer Link

Otras preguntas

Under her cell phone plan, Mei Mei pays a flat cost of $46 per month and $5 per gigabyte. She wants to keep her bill under $70 per month. Write and solve an ine
If triangles MNP is an equilateral triangle, find x and the measure of each side.
What best describes the social structure of the Indus Valley Civilizations? O The poor were the leaders O Patriarchal O The rich were at the top O Egalitarian Q
1227 8788 7 17 -16 18 - 16 28 28 Movin​
A simile at the end of chapter 18 into the wild
What is the acceleration of a car, moving along a straight line, that increases its velocity from 0 to 15 m/s in 10 s?
I'll give brainliest!
Suppose you took out a 6-year, $2000 loan with a simple variable interest margin of 1.5% linked to the federal funds benchmark that is currently at 6.7%. What i
Put the following equation of a line into slope-intercept form, simplifying all fractions. 6x-3y=15
Which equations have the same value of x as Three-fifths (30 x minus 15) = 72? Select three options. 18 x minus 15 = 72 50 x minus 25 = 72 18 x minus 9 = 72 3 (