Answer:
12 cents
Step-by-step explanation:
opportunity cost of the next best option forgone when one alternative is chosen over other alternatives
by loaning matt the money he forgoes the opportunity to earn 12 cents in interest. this is his opportunity cost
Its point P because the lines between 1 and 2 are 1/4 2/4 and 3/4 and its looking for 1 1/4 so the correct is the line after number 1 on the x axis and the y axis is 2 which you can see p is located it
So this way we can do it. Thankyou!
Hello there!
By a over 6, I assume you mean a / 6? And by the wording, I assume 3 is outside of the fraction.
For the three outside the fraction,
(a / 6) + 3
(48 / 6) + 3
8 + 3
= 11
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