1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
aksik [14]
3 years ago
8

Gomer decides to spend an hour playing basketball rather than studying. His opportunity cost is: Group of answer choices the inc

rease in skill he obtains from playing basketball for that hour. the benefit to his grades from studying for an hour nothing, because he had a free pass into the sports complex to play basketball. nothing, because he enjoys playing basketball more than studying.
Business
1 answer:
TEA [102]3 years ago
6 0

Answer:

the benefit to his grades from studying for an hour

Explanation:

Opportunity cost also known as the alternative forgone, can be defined as the value, profit or benefits given up by an individual or organization in order to choose or acquire something deemed significant at the time.

Simply stated, it is the cost of not enjoying the benefits, profits or value associated with the alternative forgone or best alternative choice available.

In this scenario, Gomer decided to spend an hour playing basketball rather than studying his books. Thus, his opportunity cost is the benefit to his grades from studying for an hour.

This ultimately implies that, if he had spend the time he used in playing basketball to study, it would have added value to his grades.

You might be interested in
Which important biochemical process receives a supply of nad ions from the fermentation process during anaerobic respiration?
Alexxandr [17]

Answer:

Glycolysis

Explanation:

Glycolysis is the process that receives a supply of NAD+ ions from the fermentation. When cells need energy but there is no oxygen for aerobic respiration than anaerobic respiration takes place.

5 0
2 years ago
A decrease in demand for cameras would likely be caused by
nignag [31]
A decrease in demand for cameras would likely be caused by increased abilities in cell phones for filming
3 0
3 years ago
an effect of the sarbanes-oxley act of 2002 was to: multiple choice reduce the circumstances in which one may file securities wi
mixer [17]

An effect of the Sarbanes-Oxley Act of 2002 was to reduce the accounting profession’s level of self-regulation.

<h3>What did the Sarbanes-Oxley Act of 2002 do?</h3>

The Sarbanes-Oxley Act of 2002 was passed in the wake of the Enron and WorldCom financial sagas in order to reduce the incidence of companies misleading their stockholders.

The Sarbanes-Oxley Act of 2002 led to more regulation over the accounting profession and a reduction in their self-regulation because large accounting companies had been implicated in the saga.

Find out more on the Sarbanes-Oxley Act of 2002 at brainly.com/question/13398903

#SPJ1

4 0
2 years ago
Sending your boss a christmas card after he had first sent you one would best be seen as an example of
Sidana [21]
Giving back.
Copying.
Returning a favor.
7 0
3 years ago
Pay your Taxes :DDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDD
horrorfan [7]

Answer:

do you need help with that or are you saying that

Explanation:

7 0
3 years ago
Read 2 more answers
Other questions:
  • Nancy owns a gas station in a small town. her friend chuck owns the only other station in the community. one​ day, nancy and chu
    5·1 answer
  • What types of crimes primarily affect<br> businesses? Give examples.
    12·2 answers
  • Stormy Weather has no attractive investment opportunities. Its return on equity equals the discount rate, which is 10%. Its expe
    15·1 answer
  • Each individual asset’s weight in the portfolio is found by:
    13·1 answer
  • NAME THAT FUNCTION! Directions: In the blank, write the marketing function that is illustrated by each statement. An article in
    6·1 answer
  • The instructions for the OS provided by application software are known as _____.
    6·2 answers
  • "Bardron, an information technology company in the country of Conimount, wanted to start its business in the country of Bertholt
    13·2 answers
  • The viability and relevancy of insurance products sold to businesses and individual
    13·1 answer
  • Pestro manufactures a herbicide that is used in the parks in Metroville. After the parks were sprayed with the herbicide, a grou
    10·1 answer
  • Elijah, who is single, is employed as a full-time high school teacher. The school district where he works recently instituted a
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!