Answer:
The local government issues a limited number of restaurant licenses every year. (A)
Explanation:
Bertha claims that the burgers sold by Luke's Express Diner are priced a bit too high, because they enjoy monopoly power in the town; hence with the local government issuance of a limited number of restaurant licenses every year, this will break the monopoly that Luke's Express Dinner enjoy, thus weakening Bertha's arguments.
Answer: $57
Explanation:
Opportunity cost is the benefit that is foregone for an individual by choosing one alternative over other alternatives available to him.
If the opportunity cost is lower for an individual then this will benefit him whereas if the opportunity cost is higher then this will not benefit the individuals.
Opportunity cost of going to the theater:
Earning at work = $9 per hour × 3 hours
= $27
Theater ticket cost = $30
Therefore, total opportunity cost of going to the theater is as follows;
= Earning at work + Theater ticket cost
= $27 + $30
= $57
✧･ﾟ: *✧･ﾟ:* *:･ﾟ✧*:･ﾟ✧
Hello!
✧･ﾟ: *✧･ﾟ:* *:･ﾟ✧*:･ﾟ✧
❖ The cover letter should c. introduce you to an employer.
~ ʜᴏᴘᴇ ᴛʜɪꜱ ʜᴇʟᴘꜱ! :) ♡
~ ᴄʟᴏᴜᴛᴀɴꜱᴡᴇʀꜱ
