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
DerKrebs [107]
3 years ago
11

Thursday night your favorite artist is preforming for FREE at your favorite local venue. Friday at school you have your first EC

ON test for which you need to study. What is your opportunity cost if you decide to stay home and study for your ECON test?
Social Studies
1 answer:
forsale [732]3 years ago
6 0

Answer:

The opportunity cost is the value of the Free ticket fee, the pleasure you would derive from going to your favorite venue, and the joy in seeing your favorite artist.

Explanation:

Opportunity cost is defined as the value or benefit of the forgone alternative in the course of making a decision. In this case, you are either faced with enjoying yourself at the event where your best artist will be performing at your favorite venue and at no cost and then performing badly on your ECON test on Friday, or sit back and study on Thursday so you can pass your test and then forget the event. Hence once you choose to study, the opportunity cost is the value of the ticket fee, the pleasure you would derive from going to your favorite venue, and seeing your favorite artist. Missing an autograph from your favorite artist can also be considered part of the opportunity cost.

You might be interested in
In 1973, the american psychological association (apa declassified homosexuality as an abnormal or deviant disorder. which sociol
Masja [62]
The answer is Symbolic Interactionism. It is the perspective of social conduct that underlines semantic or gestural correspondence and its subjective seeing, particularly the part of dialect in the development of the tyke as a social being.
5 0
3 years ago
To which region did people migrate to find gold in 1849? ​
Sergio [31]
In 1849 gold was discover in California so everyone migrated there. This transformed the landscape and population of California.
Hope this helps.
7 0
2 years ago
Can the dynamics in the community affect the lives of the people? if yes, why?how?if not why not?​
Citrus2011 [14]

Answer:

Yes , Dynamics always express what a community can bring to the life of its members. ... The Community Dynamics data provides useful insight into how residents feel about where they live and can influence decisions about which facilities are provided in a specific neighborhoodExplanation:

8 0
3 years ago
What does it mean when a cat rubs against your leg?
katrin [286]

Answer: The correct answer is According to PetPlace.com, that habit is your cat's way of claiming you as his own. Pheromones exist in the glands on his face, and he can transmit them to humans, objects and other cats to mark his territory, similar to how a dog sometimes claims property with his urine.

Explanation: Mark me brain give me 5 stars and a thank you

8 0
3 years ago
Read 2 more answers
What did the federalists say about Jefferson
marissa [1.9K]

Answer:

A

Explanation:

i only did this for points, dont take it seriously

7 0
3 years ago
Other questions:
  • CHECK AND AELECT
    8·1 answer
  • How did tea change life in Europe?
    11·2 answers
  • Mr. Murakami leaves written notes with motivational quotes for his students by writing them on paper and leaving them in differe
    10·1 answer
  • Jeffrey's therapist is conducting an initial interview with him. The therapist spends a lot of time asking questions about Jeffr
    15·1 answer
  • Many scientist are skeptical about the accuracy of recently reported research on the link between vaccines and autism. Which pro
    7·1 answer
  • A historian finds documentary evidence of a Ming Dynasty law prohibiting criminals from becoming monks.
    14·2 answers
  • Which of the following is the most important step in the process of setting goals?
    11·2 answers
  • What percentage of college students engage in “hookups”?
    5·1 answer
  • Which of the following is the cause for the decline of the empire of Ghana? A. drought that ruined the crops B. confiscation of
    12·1 answer
  • Help me answer those questions
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!