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Alchen [17]
4 years ago
10

The five dollar Burger Joint gift card that your friend gave you for your birthday expires today. You can either use the gift ca

rd to buy yourself dinner at Burger Joint or you can stay home and eat a delicious home-cooked meal. What is the opportunity cost of eating the home-cooked meal?A. The value of a five-dollar dinner at Burger Joint.B. The value of the ingredients that go into the home-cooked meal and the value of a five-dollar dinner at Burger Joint .C. There is no opportunity cost since you did not pay for the gift card.D. The time it takes to eat your home-cooked meal and the value of the five-dollar dinner at Burger Joint.E. The value of the ingredients that go into the home-cooked meal.
Business
1 answer:
ruslelena [56]4 years ago
4 0

Answer:

B) The value of the ingredients that go into the home-cooked meal and the value of a five-dollar dinner at Burger Joint .

Explanation:

Opportunity costs can be defined as the cost for choosing one alternative investment or action over another.

If you choose to use the five dollar gift card, you are going to eat for free, although you might not enjoy that meal as much as your delicious home made dinner.

But if you choose to eat a delicious meal at home, you are going to lose the five dollars of the give card and will have to spend a certain amount of money in making the dinner. Those same ingredients could be used to prepare dinner tomorrow. That is your opportunity cost of eating at home.

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3 years ago
_______________________:The selling of goods and services produced in one country to another country.
melamori03 [73]
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6 0
3 years ago
The liberty of man in society is to be under no other legislative power but that established by consent in the commonwealth.
OverLord2011 [107]

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Explanation:

3 0
3 years ago
g suppose that a commercial bank wants to buy treasury bills. these instruments pay $500 in one year and are currently selling f
Vinil7 [7]

Answer:

9.98%

Explanation:

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As per given data

Annual Payment = $500

Current price = $5,012

$500 payment each year for indefinite period of time is a perpetuity, value of perpetuity can be calculated as follow

Current Price = Annual Payment / Yield to maturity

Yield to maturity = Annual Payment / Current Price

Yield to maturity = ( Annual payment / Current price ) x 100

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3 0
3 years ago
Consider the following data for a closed economy:
notsponge [240]

Answer: The answer is given below

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a. . Private saving

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= $11t + $1t - $8t - $3t

= $12 trillion - $11 trillion

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b. Public saving

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Since G is not given, we can use:

I = public saving + private saving

$2t = public savings + $1t

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c. Goverment purchases

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There is a budget surplus of $1 trillion which has been calculated in the public savings.

4 0
3 years ago
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