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Butoxors [25]
3 years ago
11

Opportunity cost is defined as the: a. ​value of all alternatives not chosen. b. ​difference between the benefits from a choice

and the benefits from the next best alternative. c. ​value of the best alternative not chosen. d. difference between the benefits from a choice and the costs of that choice. e. ​dollar cost of what is purchased.
Business
1 answer:
Whitepunk [10]3 years ago
5 0

Answer:

The correct answer is letter "C": value of the best alternative not chosen

Explanation:

Opportunity costs represent the return of the option chosen compared to the options that were forgone. <em>It can also be described as the return of the next best available option after having selected one</em>. Opportunity costs help individuals to find out what they "left on the table" after taking a certain decision.

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On a particular day, the Dow Jones had a rate of change of -2.1%. Which of the following statements must also be true?
Ne4ueva [31]

Options :

A) the average of the 30 stocks in the dow jones increased.

B) every stock in the dow jones decreased

C) The NASDAQ increased.

D) The S&P increased.

Answer: B) every stock in the dow jones decreased

Explanation: The rate of change is used to measure or keep track of percentage change in stock prices over time. The change might be a positive or negative change. The change of - 2.1% indicated above exemplifies a negative change and thus a decrease or fall in stock prices over the measured time period. It indicates a downward trend and thus a decline in the stocks of dow jones.

7 0
3 years ago
If the ____ cost for producing a particular good is lower for one producer than the other the former producer has ____ for produ
Art [367]
 If the opportunity cost for producing a particular good is lower for one producer than the other the former producer has comparative advantage for producing the good.
6 0
3 years ago
As real GDP falls, a. money demand falls, so the interest rate rises. b. money demand rises, so the interest rate rises. c. mone
Neporo4naja [7]

Answer:

a. money demand falls, so the interest rate rises.

Explanation:

As Real GDP declines means decline in overall demand that will lead to lower money demand , so as demand is lower for money the interest rate should decline. This is the expected behaviour of the economy.

7 0
3 years ago
A family wishes to accumulate 50,000 i a college education fund by the end of 20 years. If they deposit 1,000 into the fund at t
Charra [1.4K]

Answer:651.73

Explanation:

1,000s20|0.07+Xs10|0.07= 50,000. Therefore,X=50,000-1,000s20|s10|=50,000-40,995.4313.81643= 651.73

8 0
4 years ago
The income statement:a. is a financial statement that shows the firm’s financial position at a particular point in time. b. deta
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Answer:

c. is a financial statement that summarizes a firm’s revenues and expenses over a period of time

Explanation:

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I hope my answer helps you

4 0
4 years ago
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