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babunello [35]
3 years ago
10

The opportunity cost of buying a candy bar for one dollar rather than a bag of chips for one dollar is the bag of chips.

Social Studies
2 answers:
Aleksandr [31]3 years ago
6 0

Answer:

A. True

Explanation:

Lubov Fominskaja [6]3 years ago
3 0

The given statement "The opportunity cost of buying a candy bar for one dollar rather than a bag of chips for one dollar is the bag of chips" is true.

Answer: Option A

<u>Explanation:</u>

When we compromise over one thing at the cost of losing it, we actually unknowingly pay a compromising cost. This compromising cost is termed as 'opportunity cost' when we trade off the opportunity of having one thing in order to choose the other thing available.

In the given case, buying a candy bar priced at one dollar instead of buying a bag of chips at the same price made the buyer lose his 'opportunity' to buy the bag of chips. In other words, he paid a dollar and the opportunity to buy the bag of chips to have the candy bar.

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People, especially most Americans, have a borderline fetish for leisure. If it makes things easy, buy it, buy it, buy it now. Likely, more advancements will be made to make sure people won't have to leave their home via conventional ways to go to work. Basically, we get even more lazy than we already are, all things considered. Not to mention new innovations for war.

Some good can come from this, however. We require an alternative to fossil fuels, so green energy will be a must in the future. Advancements in medicine will thrive, after everyone discovers that there really are cures for almost anything (there's just no money for the doctors in curing the disease, only treating it). A cleaner Earth, a better planet, a better ecosystem.

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pshichka [43]

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Explanation:

Im not sure if that answers your question

7 0
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