Yes, It is possible for the opportunity cost of an input to be very low or zero if there is no alternative use for it. It means that the statement is true.
The opportunity cost of an input is zero if it has no alternative use. This is so because the cost of alternatives refers to the value of the next best option. Since there isn't an alternative available in the scenario described, the opportunity cost is zero.
The opportunity cost of a certain activity option is defined as the loss of value or benefit that would result from engaging in that activity (the cost) as opposed to engaging in an alternative activity that offers a higher return in value or benefit in microeconomic theory.
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Answer: Inflation is mainly caused by excess demand/or decline in aggregate supply or output.
Explanation:
The liberal, conservative, reactionary, and anarchist philosophies of government are: <span>Different inner views on how strong government should be
For example, people with liberal philosophies tend to want more government involvement in their everyday lives, which led them to want government to formulate social norms such as legality of gay marriage and higher taxes, meanwhile those with conservative philosophies tend to want less government in their live, which led them to wanting government to goes back to the constitution and impose lower taxes.</span>
Both elimination disorders, enuresis and encopresis, are more common in boys than in girls. The disorder behavior of passing feces or urine into places different than the toilet, affects around 1.5 to 10% of children. Although, not a specific cipher is given of how many times this affects more in boys than girls, it is known that these affections are more common in boys.
