The opportunity cost of one extra restaurant meal in the time frame is 3 home meals.
<h3>What is opportunity cost?</h3>
Opportunity cost of the next best option forgone when one alternative is chosen over other alternatives. When the family chooses to go for the restaurant meal, they forgo the opportunity for a home meal.
Opportunity cost = 30 / 10 = 3
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Answer:
Basket ball
Explanation:
I love it a alot because it good
Answer: There are two categories in the BOP: the current account (CA) and the capital and financial account (CFA). If a transaction creates a liability, like selling a bond to another country, that gets counted in the capital and financial account. But if a transaction doesn’t create a liability (like the fancy red cars), the transaction gets counted in the current account.
Anything that occurs in one account is offset by the opposite happening in the other account. For example, if the current account increases by \$100$100dollar sign, 100, the capital and financial account must decrease by \$100$100dollar sign, 100. The fact that an entry in the current account is offset by an entry in the capital and financial account creates the mathematical identity:
Explanation:
Answer:
d. Bork Bill
Explanation:
The Video Privacy Protection Act was a direct result of over zealous reporters checking on the "personal viewing habits" (information privacy) of a political nominee for whom the Act was named Bork Bill.
It was a bill passed (enacted) by the 100th Congress of the United States of America and signed into law by President Ronald Reagan on the 5th of November, 1988. The Video Privacy Protection Act (VPPA) was signed as a public law in reaction to the wrongful disclosure of the video rental records of Robert Heron Bork in a newspaper publication. Robert Heron Bork is a former Chief Judge of the court of appeal and was a Supreme Court nominee at the time when his video rental records were published by a newspaper. Therefore, due to the fact that US Congress passed (enacted) the Video Privacy Protection Act (VPPA) during the period; it was nicknamed as Bork Bill.
Answer:
how responsive consumers are in the quantity they want when the price changes
Explanation:
The price elasticity of demand is
= Percentage change in quantity demanded ÷ percentage change in demand
So based on the above formula it shows that the consumers are responsive with regard to the quantity they need at the time when the price is changed
Therefore the above represent the answer
