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
Natalka [10]
3 years ago
13

How does "cost" differ from "opportunity cost"?

Social Studies
1 answer:
Montano1993 [528]3 years ago
6 0
<span>Opportunity cost concept is very important to the view of costs of economists. It is defined as the worth or value of a forgone activity or alternative when another item is chosen. It is a relative cost of one alternative in terms of the next best alternative. It is a vital economic concept which finds application a wide range of business decisions. Decision –making is usually overlooked by opportunity cost. Opportunity costs should often subjectively estimated by decision-makers. </span>
You might be interested in
He knew however that during the rule of the Mauryans, Ashoka changed his life when he turned to Jainism.Seeking such a change fo
svetlana [45]

Answer:

jainism

Explanation:

says it

3 0
3 years ago
What are the most likely reasons a US corporation would open a factory in China? Check all that apply.
Damm [24]

to take advantage of affordable land prices

to take advantage of abundant resources

to take advantage of lower labor costs

to take advantage of favorable tax laws

6 0
3 years ago
Read 2 more answers
Why are political parties considered an important part of a democratic political system?
vekshin1
For the answer to the question above, the political parties are important because they provide a way of organizing and resolving political conflict. Political parties are considered an important part of a democratic political system because they provide a way of organizing the political debate and resolving political conflict. This is an especially important consideration in a country as large and diverse as America. Political parties coordinate the efforts of public officials not only at the same level of government (national, state, and <span>local) but also from different branches (executive, legislative, and judicial).</span>
6 0
3 years ago
"sometimes conflict can be healthy" critically discuss this statement<br>​
Elanso [62]

it can't be healthy

Explanation:

conflict can sometimes lead to fights which call lead to deaths

8 0
2 years ago
Read 2 more answers
In order for differential reinforcement to be most effective, the desirable behavior should be reinforced:​
satela [25.4K]

Answer:

In order for differential reinforcement to be most effective, the desirable behavior should be reinforced:​ immediately.

Explanation:

A reinforcement can encourage or discourage a certain behavior. For instance, if you are complimented by your parents when you get good grades, you may feel encouraged to get more good grades in the future. The compliments are a reinforcement. Differential reinforcement happens when only the desired or targeted behavior is reinforced. Other responses or behavior are not reinforced whatsoever. However, for differential reinforcement to work, it has to be done immediately, otherwise the association between reinforcement and behavior will not be so strong.

4 0
3 years ago
Other questions:
  • How the people affect communities
    9·1 answer
  • Women’s professional lives were transformed by new opportunities in what areas?
    14·2 answers
  • People with opposing views of capital punishment reviewed mixed evidence regarding its effectiveness as a crime deterrent. As a
    7·2 answers
  • What happened during the siege of savannah
    13·2 answers
  • Which word or phrase would be the best transition to show the link betvween two closely related ideas?
    11·1 answer
  • Explain how the Persian empire treated people
    11·1 answer
  • Briefly describe the achievements of Pythagoras Euclid Archimedes and Hippocrates
    12·1 answer
  • How did Americans help the people of Iraq and Afghanistan?
    7·1 answer
  • Who was galelio galeli​
    11·2 answers
  • Of the major benefits of specialization is that
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!