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opportunity cost

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Q: What is the value of a persons second choice called?
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When making a choice between two things what is the one that you give up called?

In economics, the value of a forgone choice is called an "opportunity cost" because it represents a potential value that is lost, at least initially.There are several adjectives for things not chosen, including alternative, bypassed, forgone, deferred, or unpicked.


What is safety as value choice vs compliance?

Many companies feel that safety as a value choice is very important. Safety as a value choice is a protection of oneself. However, if safety is followed than compliance is sure to follow.


How is a method called in java?

method header and method body There are two ways to call a method; the choice is based on whether the method returns a value or not.


What is the value of -3 to the Second power?

The value of -3 to the second power is 9.


In the number 213954670 which digit has the second greatest value?

The digit with the second greatest value in the number is '1'. its value is second to the largest number which is 2.


What is a rule of matching elements to two sets of numbers in which an input value from the first set only has one output value in the second set?

its called ask your teacher


The first number in an ordered pair is the x-value and the second number is the y-value These two numbers are called the of the point?

Cartesian coordinates. Also, the abscissa and the ordinate.


What is the value of Tom Sawyer copyright 1955?

The value would be based on the condition of the book and it it had any famous persons that signed it.


How do you select all the records from a table named Persons where the value of the column FirstName starts with an a?

To select all records from the "Persons" table where the value of the column "FirstName" starts with 'a', you can use the following SQL query: SELECT * FROM Persons WHERE FirstName LIKE 'a%'; This query will retrieve all records where the "FirstName" column starts with the letter 'a'.


The name of numbers in an ordered pair?

the x value (First) is called the "ordinate" and the Y value (Second) is called the "abscissa" Hope this helped. * * * * * I hope not - because it is the wrong way around! For a point (x, y), x is the abscissa and y is the ordinate!


You reside in Kentucky no fault state and have a wreck but persons insurance says theyre at fault and youre not. Do they have to replace your car with one of exact value at time of wreck?

An insurance company is not required to provide you with any vehicle of any exact value. They are required to compensate you at fair market value for your loss. Fair market value may be higher or lower than what you perceive as the actual value of your loss. If the vehicle is a total loss, then it is generally up to you to go shopping for a vehicle of your choice.


In music what is the value of the second dot in a double dotted note?

the second dot adds one quarter of its value