Answer:
B. The idea assumes that consumers and firms always make correct decisions.
Explanation:
The idea is based that every economic agent, regardless of its nature people or firms make right decisions because they make rational process in every decision, with all the information available but must important suppose that the emotional factor does not exist and it allows us to make the optimal decision, to maximize the benefits and minimize the costs.
The answer is true because if you don't know how to fix camera setting it might be a problem
Answer:
2.False
Explanation:
Opportunity cost in simple terms refers to the next best alternative.
Opportunity cost refers to the benefits foregone of non chosen options when one of those options is chosen. For e.g opportunity cost of attending a full time college is the loss of salary had the same student opted to work, in addition to college fees paid for the period of study.
In the given case, the costs expressed such as college fee, rent, food, books, tuition and entertainment is explicit costs. Secondly no second non chosen option is mentioned in the question.
Thus, the given statement is false.
It depends what for... but If its really important, u would say 50,000