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Naya [18.7K]
2 years ago
7

People often work long hours even when their professional or financial situation would enable them to dial back. A key concept i

n this context is that of the opportunity cost of leisure. How is this concept best explained?
Social Studies
1 answer:
lyudmila [28]2 years ago
6 0

Answer:

Opportunity cost is what is given up to obtain something, or the cost of doing something instead of another thing.

The opportunity cost of leisure would be best explained as the monetary value of time spent not working, or in other words, the income that is not received when you are not working.

For example, if a person works 8 hours a day, five days a week, making $20/hour, he will earn, by the end of the week, a total of $800 dollars. However, if he decides to cut back his hours in order to go to swimming classes in the afternoon, and now works 6 hours a day, five days a week, he will now make $600 dollars, so the opportunity cost of leisure for him is $200 dollars.

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By the 25th amendment 
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2 years ago
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aivan3 [116]

Answer:

The two countries with the closest land to the North Pole are Canada and Greenland (Kingdom of Denmark).

Explanation:

Geographers generally believe that the closest piece of land to the North Pole is Kaffeklubben Island, which is an island off the northern coast of Greenland. Kaffeklubben Island is located about 430 miles from the North Pole.  There are some semi-permanent banks of rock and gravel that might technically be claimed to lie closer to the geographical point. The nearest permanent settlement is Alert in the Qikiqtaaluk Region of Nunavut, Canada. The permanent population there however is only 62.  There are more people residing in Alert at any given time, but they are there temporarily because they man weather stations and other government and military posts in Alert.  It is 508 miles from the North Pole.  The North Pole is located in the center of the Arctic Ocean and it is covered with shifting pieces of ice.

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2 years ago
Please select the word from the list that best fits the definition number of deaths within a society.
Natalija [7]

The word from the list that best fits the definition number of deaths within a society is mortality.

<h3>What is mortality?</h3>

Mortality can be defined as the number of death recorded within a society or within  a specific population.

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Therefore  the word from the list that best fits the definition number of deaths within a society is mortality.

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2 years ago
Humans are subject to the same limiting factors as other populations. Please select the best answer from the choices provided T
dusya [7]

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6 0
3 years ago
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An amount of $4,000 is invested the interest rate is 2% what is the month and 1 year
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The interest for a month is $6.66 and 1 year is $80.

<u>Explanation</u>:

Simple Interest = Pnr/100

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⇒ P = principal

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Interest for 1 month,

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⇒ 80/12

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8 0
3 years ago
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