Answer:
1,3, 2 are correct. i would select 4 too but its not as detailed as the other examples shown. i hope i helped.
Explanation:
Answer:
Opportunity cost is what is given up to obtain something, or the cost of doing something instead of another thing.
The opportunity cost of leisure would be best explained as the monetary value of time spent not working, or in other words, the income that is not received when you are not working.
For example, if a person works 8 hours a day, five days a week, making $20/hour, he will earn, by the end of the week, a total of $800 dollars. However, if he decides to cut back his hours in order to go to swimming classes in the afternoon, and now works 6 hours a day, five days a week, he will now make $600 dollars, so the opportunity cost of leisure for him is $200 dollars.
Answer:
Social grants will not encourage teenagers to become parents at an early stage since the main reason teenagers preform sexual activities is for the act itself and not for the desire of becoming a parent.
That being said a social gran will facilitate teenagers commiting to become parents as opposed to aborting or putting up for adoption since the social grant will provide them with means to take care of themselves and the baby.
Explanation:
