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Ostrovityanka [42]
3 years ago
10

Mr. Scott is hungry so he decides to go to the vending machine. He considers buying a bag of chips, a cookie, and a Snickers bar

. However, he only has enough money to buy one of those items. If he decides to buy the Snickers bar, what is his opportunity cost?
Business
1 answer:
balandron [24]3 years ago
7 0

Answer:

If he decides to buy the Snickers bar, his opportunity cost is not to buy the bag of chips or the cookie.

Explanation:

Opportunity costs are the costs of an economic choice expressed in terms of the best missed opportunity: it values ​​the unrealized return of the best possible alternative compared to the final decision made.

When a person strives to satisfy his needs in times of scarcity, he has to make choices between different options. The choices made thus have an opportunity cost. The opportunity cost of a particular choice indicates what the decision-maker who made the choice has to give up when he decides to use his limited resources to implement the option he has chosen.

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4 years ago
Help ASAP
Amiraneli [1.4K]

Using the "Thinking at Margin" methodology, the relevant statement for a television maker to consider while making a choice is as follows: the average cost of ten TVs is one hundred dollars apiece. Option C. This will be discussed in further detail below.

<h3>What exactly does "Thinking at Margin" entail?</h3>

In most cases, it means giving some consideration to the action that will come next in your plan. The word "marginal" may also be used to signify "additional." The first glass of lemonade you drink on a hot day will quench your thirst, but successive glasses may not have the same impact on you.

When you contemplate at the margin, you are considering what the next or succeeding action will mean for you on an individual level.

In conclusion, using the "Thinking at Margin" technique, the following are the essential points for a television producer to take into consideration before making a decision when it comes to television programming: The usual cost of creating ten televisions is one thousand dollars each. Alternative C

Learn more about Thinking at the Margins by visiting this link: brainly.com/question/4468044 #SPJ1

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