The opportunity cost of an item is
A. the number of hours needed to earn money to buy the item
B. what you give up to get that item
C. usually less than the dollar value of the item
D. the dollar value of the item

Answers

Answer 1
The opportunity cost of an item is what you give up to get that item.
Answer 2

The opportunity cost of an item is what you give up to get that item.

What is Opportunity Cost?Opportunity cost is the comparison of one economic choice to the next best choice. These comparisons often arise in finance and economics when trying to decide between investment options.The opportunity cost attempts to quantify the impact of choosing one investment over another.Investors are always faced with options about how to invest their money to receive the highest or safest return. The investor’s opportunity cost represents the cost of a foregone alternative. If you choose one alternative over another, then the cost of choosing that alternative becomes your opportunity cost.A simple way to view opportunity costs is as a trade-off. Trade-offs take place in any decision that requires forgoing one option for another.Opportunity Cost = Return on option not chosen - Return on   option chosen

To learn more about opportunity cost, refer to: https://brainly.com/question/21844678

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Related Questions

Explain why the phrase “the laws of natures and nature’s God” was included in the Declaration of Independence.

Answers

Answer:

Explanation: Quick explanation.  The "laws of nature and of nature's God" entitle the United States to independence. Men are "endowed by their Creator with certain unalienable rights." And the Declaration of Independence contains a theological teaching because the ultimate source of our rights and duties is God.

giving the rest of my points, comment sum random

Answers

For what? You did this for what. Periodt

Please help fast! these questions are on the Mystery of the Horse Creek Girl video
1. What old stories from 1880-1890 coincided with the time period that this malnourished girl would have lived? Conversely, what contrast exists between recorded history of the time and this new evidence from the remains?
2. In order to tell the girl’s story, what did the team make a replica of? What tribe did Eli and the team ultimately decide the girl was from and how did they come to this conclusion?
3. Do you think the work that Eli did on this project was valuable? Explain your reasons why/why not.

Answers

Answer:

I only have these so far, please dont copy word for word k.

Explanation:

Discuss the challenge Eli come across as he began his investigation. What item did he use as a starting point?---- They didn't have any historical records from her discovery , or any of the initial coroners reports. They used moccasins that were found on the human remains to use as a starting point.

 

What did the string on the moccasins tell Eli about the time period?--- The string is cotton, not sinew so that helps to date the moccasins. If they were pre-reservation the string would most likely be sinew.

 

 

 

Once Eli moved on to examine the remains themselves, what marks did he decide to investigate further and what clues did the marks uncover? After these clues, explain how the investigation shifted for Eli and why the shift was significant. Eli went to get her teeth examined and analyzed by a professional because they noticed that she had hypoplasia marks on some of her teeth. The analysis showed that she had gotten very sick with something like a viral infection or fever when she was 3 or 4 years old. They also showed that she had a fairly rough diet, and was in her early 20s when she died.

Pls help I will give u brain master

Answers

Answer:

pliers

Explanation:

The following question is based on your reading of “Heart of Darkness” by Joseph Conrad.

What does Marlow need to repair his wrecked steamer?
a.
Steel plates
c.
Tools
b.
A new boiler
d.
Rivets


Please select the best answer from the choices provided

Answers

Answer:

D) Rivets        

Hope this helped :)

Catholics do not believe in the teaching sola Schipluid
Select one:
They believe only the Pope is the infallible authority for the Christian faith.
they believe it is not biblically or historically correct
Catholics don't believe in reading the bible.
They're still mad at Martin Luther

Answers

Answer:

B I think

Explanation:

sorry if it isn't correct

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