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Step2247 [10]
3 years ago
5

Based on what you have read, if Samantha works at the supermarket, what is her opportunity cost?

Social Studies
2 answers:
Evgesh-ka [11]3 years ago
7 0
Missing basketball practice
Tom [10]3 years ago
4 0

I believe the answer is: missing basketball practice


Opportunity cost refers to the potential option that must be sacrificed when you choose the other option.

Example of this would be when you have to sacrifice your hobby in order to put time into your career or when you have to sacrifice eating your favourite foods in order to lose some weight.

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The difference in Decision Making Under Risk and decision making under uncertainty is that under risk, we think we know the prob
nignag [31]

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True

Explanation:

<u>Decision making under certainty: </u>

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7 0
3 years ago
Which of the following is one of the important roles James F. Byrnes played during the 1930s and 1940s?
kotykmax [81]
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3 0
3 years ago
Marvin was widowed at age 38 when his children were 8 and 10 years of age. Assuming his deceased spouse was eligible for Social
Afina-wow [57]

Answer:

c. 12 years

Explanation:

The blackout period is the gap that exists between the year a deceased worker's children reach the upper age limits (16 years) for survivors benefits and the time that worker's spouse becomes eligible for widow/widower benefits (60 years).

Marvin became a widow at 38 years, she will receive benefits until her last child who is 8 years becomes 16 years old. By then, Mavin is 46 years. The children will each receive benefits until they turn 18 by then Mavin is 48 years old. Then the blackout period begins. Mavin has up to retirement age of 60 years to remain in the blackout period. So 60 years - 48 years = 12 years. Therefore, Mavin has up to 12 years to be in the "blackout period".

8 0
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