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Lubov Fominskaja [6]
2 years ago
12

Billy's job is 5 miles away. He can either ride the bus for $3.00 a day or drive his very old

Social Studies
1 answer:
NARA [144]2 years ago
3 0

Answer:

Personal Opportunity Cost - Spare non drive time sacrifised

Social Opportunity Cost - Fuel efficiency (high pollution), Road Traffic (Congestion issues).

Explanation:

Opportunity Cost  is the cost of next best alternative, foregone while choosing an alternative. Bill can commute either by bus, or by self drive.

If Bill drives his car, opportunity cost for him is - the spare time sacrifised, that he could have used while car drive in some other activity (eg reading, listening music).

Opportunity Cost for society is - the fuel utilisation & road traffic management  efficiency sacrifised, by using private instead of public transport. This leads to more pollution, more congestion on roads.

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2 years ago
What is the common relationship between france and mexico?
Sonja [21]
Both of the nations are members of the g-20 major economies, organisation for economic co-operation and development and the united nations.
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Raul and raymond are 4 and 5 years old, and the main benefit they get out of being "best" friends is
attashe74 [19]

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3 years ago
How would life be different without the 26th amendment?
andriy [413]
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5 0
3 years ago
Mariangela has dyslexia. Mariangela is taught in the regular classroom, where she has her own reading tutor for part of the day.
belka [17]

Answer:

Inclusion

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