I am the age 17 and I am A)Single
Answer:
The correct answer is option c.
Explanation:
The opportunity cost of a decision is the cost of sacrificing the second-best alternative. It is the indirect or implicit cost involved in a process.
The ticket to the game costs $25 and it costs $15 to park at the stadium.
Ed earns $15 an hour at this job.
He is taking off from work for 4 hrs. the afternoon and going to a baseball game.
The opportunity cost of going to the game will be equal to the wage he could have earned if he went to work instead of the game.
The opportunity cost
= 
= $60
Answer:
it will purchase
96 dollars of Arabian Mocha
and 48 dollars of Colombian Decaf
Explanation:
we build the equation system:

we replace the second expression on the first and solve for y
144 = (2y) + y
144 = 2y + 1y
144= 3y
144/3 = y
48 = y
now we solve for x
x= 2y
x= 2 times 48 = 96
Answer:
According to F.A. Hayek, the fundamental problem facing every society is how to use limited resources in the most optimal way possible.
Explanation:
To Hayek, this problem could not be fully solved by any society, but the best a society could do is to rely on the price system, only possible under a free market, to signal which uses were more optimal than others.
This is also the reason why F.A. Hayek, along with fellow Austrian economists Ludwing Von Mises, believe that socialism could not work: socialism, according to Hayek and Mises, destroyes the price system, and without it, society has no rational way to allocate resources in an optimal way.
Answer:
Because different insurance networks provide seperate benefits. For example a health insurance provider would give you injury-related insurances etc.