The opportunity cost of the third bicycle is 20 tents.
What is opportunity cost?
The value or advantage forfeited by engaging in a specific activity in comparison to engaging in an alternative activity is known as the opportunity cost of that activity. Simply put, it means that if you choose one activity, you forfeit the chance to do another.
Therefore,
The opportunity cost of the third bicycle is 20 tents.
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I the second one is more risky I'm not really that good at business
<span>The interest rate can drastically change the total amount paid to the lender</span>
Only one recording of a given sound could be made; copies were not possible.
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Answer:
7%
Explanation:
It would grow by 7% each year which is the rate of return on stocks
