Read the short scenario, then use your economics knowledge to answer the questions.

Social Studies

1 answer:

pshichka [43]2 years ago

7 0

Answer:

15. a) The biggest trade-off the business owner is trying to choose between is buying groceries in the store or home delivery.

15. b) If a person choose to do their own shopping they're giving up almost a lot of groceries which could be cheaper than others.

15. c) Throughout the whole thing, the opportunity cost was basically 10-20$ if you count it out correctly.

15. d) One externality that is negative for shopping at the store is that it is technically harder because you have to walk around which could get a bit tiring. One thing that is positive about it is that it's you could get everything you need. Something positive about using delivery service is easier than shopping at the store and a negative thing about it is sometimes it takes long for them to drop it off.

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