0
I need more information
Walter Carter
Add your answer:
Earn +20 pts
The opportunity cost of a new national park is that....?
Alternatives uses for the land and funding fr the park.
What would be the opportunity cost of a new 500 federal stimulus plan?
the opportunity cost would that it will put the government in big defected in order to provide temporarat relief to business and institutions and envirment so on.
What is the opportunity cost of acquiring new capital?
equals the interest
What is opputunity cost?
Cost that you have to bear to choose between different alternatives is called opportunity cost so if somebody is working for monthly salary of 10000 provided with a new project which is earning 15000 then 10000 is the opportunity cost for starting new project.
Why an increase in spending on police and armed forces may result in an opportunity cost?
Opportunity cost is defined as what you have to give up to get something. Specifically, the opportunity cost of doing something is the value of best alternative. For example, if Bob decides to watch TV instead of studying for a big science test he has in school the next day, the opportunity cost is that study time. All decisions carry an opportunity cost even in cases such as defense or public safety spending because there is always an alternate choice. For example, a city could choose to hire 50 new police officers or, with the same money, they could choose to hire 50 new teachers or build a new park or do any of a large number of things. In particular, if there is a greater need for something else, such as new teachers, then the opportunity cost of increasing police spending will be greater than any benefit from the spending. In that case, police spending would be a poor economic decision because there is another place to spend the money that will create more good for the city as a whole.
What is the opportunity cost of a new public highway?
Other goods and services that must be scarified to construct the new highway.
What is the regular cost for meals in Park Hyatt Tokyo?
New orleans
What was one of the opportunity cost for many new England colonies?
i don't know. sorry. i thought i had it but i don't.
What is a opprotunity cost?
The cost of an alternative that must be forgone in order to pursue a certain action. Put another way, the benefits you could have received by taking an alternative action. For example if you are doing work already and earning 10 and you have a new opportunity to start new project with return of 11 then 10 already you are earning is your opportunity cost to start new project.
Give two examples of the possible opportunity cost of a government building a new hospital?
Agriculture and animal husbandry
Difference between opportunity cost and a tradeoff?
Opportunity cost is that amount which is to forego by adapting different mutual exclusive investing opportunities while tradeoff value is the exchange value of old asset while purchasing same new asset.
How much do 106 and park tickets for New Year's Eve cost?
It's free !
