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Nimfa-mama [501]
3 years ago
12

Bill wants to get input on his business idea from his friends. Which of the following should he do?

Business
1 answer:
Kazeer [188]3 years ago
6 0

He should get the idea patented before telling others so they don’t steal it

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"If I didn't have class tonight, I would save the $4 campus parking fee and spend four hours at work where I earn $10 per hour."
Allushta [10]

Answer:

total opportunity cost is $44

Explanation:

given data

parking fee = $4

earn = $10 per hour

time = 4 hour

to find out

opportunity cost

solution

we first find 4 hour earning that is

earning = earn × time

earning = 10 × 4

earning in 4 hours = $40

and

saving = $4

so total opportunity cost = saving + earning

total opportunity cost = $4 + $40

so total opportunity cost is $44

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