In microeconomic theory, the opportunity cost, or alternative cost, of making a particular choice is the value of the most valuable choice out of those that were not taken. ... Opportunity cost is a key concept in economics, and has been described as expressing "the basic relationship between scarcity and choice".
Explanation:
The basilar artery is one of the arteries that supplies the brain with oxygen-rich blood. N The arteries are the blood vessels that deliver oxygen-rich blood from the heart to the tissues of the body.
Crossant ha juss kidden i dont kno
Answer:
$14,000 was invested at 5% interest rate and $12,000 at 4%.
Explanation:
Let the amount invested at 5% interest rate by p then the amount invested at 4% will be
$26,000 - p
Given that the annual returns from the two investments amounts to $1,180
This means that;
(5% of p) + (4% of $26,000 - p) = $1,180
0.05p + $1040 - 0.04p = $1,180
0.01p = $1,180 - $1040
0.01p = $140
p = $14,000
$26,000 - p = $26,000 - $14,000
= $12,000
This means that $14,000 was invested at 5% interest rate and $12,000 at 4%.
It is an example of perceptual learning.
