opportunity cost describes andy's time
<h3>What is
opportunity cost?</h3>
The opportunity cost of a specific activity option in microeconomic theory is the loss of value or benefit that would be experienced by engaging in that activity, as opposed to engaging in an alternative activity that offers a higher return in value or benefit.
The value of the next best alternative or option is referred to as the opportunity cost. This value may or may not be monetary. Value can also be measured using other criteria such as time or satisfaction. One formula for calculating opportunity costs may be the ratio of what you give up to what you receive.
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Bachelor's degree is a college degree. Aarti works as an interviewer and she has a bachelor’s degree.
<h3>What is a bachelor’s degree?</h3>
A degree given/awarded by a college or university to a student on successful completion of the enrolled program.
Aarti works as an interviewer and is not overqualified for her job, so she is having a bachelor’s degree.
Therefore, option c describes the statement.
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Answer:
The domestic camel and saddle
Explanation:
Answer:
The correct response of the options given is Option D: It has a steady and stable monthly payment.
Explanation:
A mortgage has advantages over renting a home because it allows you to invest in an asset and accumulate some wealth in the value of the home. It is also predictable in the sense that you can negotiate a fixed-rate mortgage and know what the scheduled payments will be for the life of the mortgage loan. However, you are usually responsible to put down some down payment as an investment upfront, and as a homeowner, you are responsible for the maintenance and repairs whereas renting in most states in the United States, for example, the tenant is not responsible for major repairs to the rental property.
