1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
yanalaym [24]
3 years ago
5

What is the opportunity cost in this scenario? Harry has been very busy at work for the past two weeks. He has been working week

ends too. Finally, he is going to get a weekend off. Originally, he planned to paint his apartment that weekend. He also considered going fishing for the weekend. But then his parents called and asked him to come for dinner because it has been a while since they have seen each other. Later on, his friend Theo informed him about a surprise birthday party for another friend. Theo plans to reserve a room at a restaurant for the celebration, with the cost to reserve the room split between Theo, Harry, and three other friends. Now Harry is confused about what he should do over the weekend. He decides that, for him, the most important commitments are going over to his parent's house and attending his friend's birthday party. In the end, Harry decides to see his parents.
Social Studies
2 answers:
Hunter-Best [27]3 years ago
4 0

maybe 20 dollars for gas money to get to his parents

uranmaximum [27]3 years ago
3 0

Answer:

Harry's opportunity cost for going to his parents is not going to his friend's birthday party.

Explanation:

Harry has got a weekend off. He can use that weekend to paint his apartment or go fishing. He can also visit his parents for dinner. Or he can go to his friend's birthday party.  

With so many options Harry is confused, about what he should do. The most important commitments for him are going over to his parent's house and attending his friend's birthday party.

If he chooses to visit his parents, the opportunity cost is not going to the party.  

The opportunity cost of a decision is the cost of sacrificing the second-best alternative. The second-best alternative in this decision is attending the birthday party. So it will be considered the opportunity cost.  

You might be interested in
To test the effectiveness of a liquid supplement that is supposed to help forgetful people with their memory, 400 college studen
laila [671]

Answer: This is a "CONTROLLED PLACEBO EXPERIMENT".

Explanation: A controlled placebo experiment is a type of research method that is used to check the effectiveness of a drug in a patient. This is done by selecting a sample group, then randomly divide the two group into a placebo group ( this are the group that will receive the drug treatment ) and the controlled group( these are the group that will receive a coloured mixture that looks like the drug, but does not have any effect). Without the groups knowledge about the real drugs and the coloured mixture, but are followed up and tested.

This is a controlled placebo experiment, because 400 student has been choosed as the sample, and are divided into a placebo group and a controlled group, to check the effectiveness of a drug on their memory.

6 0
3 years ago
Read 2 more answers
Carol has been addicted to narcotics for many years. recently, she has been trying to quit and has not used any drugs for the la
Semmy [17]
The correct answer is withdrawals. It's also medically refered to as Drug detoxification, but to fill in the blank, <em>withdrawals. </em>
8 0
3 years ago
which statement best describes the roles of men and women in ancient athens! HELP I WILL RATE AND THANK AND GIVE BRAINIEST IF U
Eddi Din [679]
The statement would be... “Athenian men were practically forced into war at age 18 , however they had a lot of freedom. They could vote and get involved with the government but Athenian woman did not have much freedom. They couldn’t vote. Athenian woman did house work most of the time like cleaning and cooking” hope this answers ur question!
7 0
3 years ago
Which executive Department would have the task of enforcing laws designed to protect the rights of consumers?
Tema [17]

The correct answer is the Consumer Financial Protection Bureau.

Founded under President Obama after the predatory practices of banks, it is tasked with protecting the rights of consumers.

6 0
4 years ago
Read 2 more answers
Which statement describes investing in human capital to increase productivity?
mestny [16]
Recognizing the need to  improve the customer experience, she introduces customer experience, she introduces customer experience and English training language for drivers
4 0
3 years ago
Other questions:
  • Children who watch a lot of television have more stereotyped attitudes about gender compared to children who watch very little t
    5·1 answer
  • The order of development of the early man's attempt to farm is as follows
    11·1 answer
  • What is the best plan for gun reform in the U.S
    7·1 answer
  • What does he say should be the colonist first aim
    10·1 answer
  • According to the transitional model, _____. adaptation involves loss and change adaptation occurs through uncertainty reduction
    8·1 answer
  • This scientist once commented, "I play with microbes..." Also was well known for a love of playing in all aspects of life and wo
    14·1 answer
  • Andrew CherySouth africa has the largest racial division. Nelson Mandela tried to help the people of africa, the Apartheid gover
    8·2 answers
  • HELP ! ASAP ! PLEASE
    14·2 answers
  • What is the proper way to dispose of an american flag.
    6·1 answer
  • A client is transported to the emergency department for a femur fracture following a motor vehicle crash. what action by the nur
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!