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kykrilka [37]
3 years ago
13

Opportunity cost is the least desirable alternative given up as a result of a decision.

Social Studies
1 answer:
erik [133]3 years ago
3 0
This is false!

Opportunity cost is the cost of giving up the benefits of the most desirable alternative, not of the least desirable alternative. So let's say, your parents offer you money for Birthday: 100$, 50$ or 30$.

You will probably choose to receive 100$ and your opportunity cost will be 50$.

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Most people will accurately identify lying what percentage of the time?
wolverine [178]
The answer to this depends on what sources you are using, but some sources state that people identify lies only 55% of the time!

That's very little, considering that 50% is the chance level - this number would be the one used if we could never really use our intuition to guess correctly. For example if we guessed that every second person randomly lies that would give us the "chance level" of 50 %. (if exactly half of the people lied).

And in real life, we can tell 55% of the time if people are lying - this means we are slightly better than chance. 

We can conclude from this that we should never trust our intuition about whether people lie or not!
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butalik [34]
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4 years ago
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poizon [28]

Answer:

an electronic stylus

Explanation:

that's the answer

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