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false. Oppurtunity cost is the cost of the next best choice you might make. For example you have five dollars. You can go to the theater and see a movie (in the past) for the full five dollars or you can go out to eat. If you choose to go to the theater but would have gone out to eat if you decided not to then the oppurtunity cost of going to the theater was not going out to eat.
This can not be objective because there is no way to say for sure what the next best choice is going to be for anyone. Perhaps you would have bought pink fluffy slippers if you could not go to the theater. Perhaps someone else will miss studying for a test. If can not be guessed. Only the person themself can be able to decide what their oppurtunity cost is.
What else can I help you with?
Is it true that opportunity cost is the least desirable alternative given up as a result of a decision?
it is false trust me i got it correct on my e2020 quiz
Is it true or false that a cost that will not be affected by later decisions is termed an opportunity cost?
A cost that will not be affected by later decisions is termed a sunk cost.
For a given increase in supply the slope of both demand curve and supply curve affect the change in equilibrium quantity Is this statement true or false Explain with diagrams?
For a given increase in supply the slope of both demand curve and supply curve affect the change in equilibrium quantity Is this statement true or false Explain with diagrams?
Is it true or false that the objective of a firm is to maximize total revenue?
Generally speaking, the main objective of a firm is profit maximisation. This is not always the case, however, as some firms have different goals, including providing charitable services, satisficing, and providing a high quality good or service.Revenue (income) increases profit, while expenses decrease profit. Therefore, if a firm's revenue increases more than their expenses increase, they will generate a greater profit.
True or false All monopolies are bad?
false
Is impressionism an objective and impersonal mode of writing?
False
True or false thetis was the queen who offered paris the opportunity to be emperor of asia?
False.
How do you explain why there is no natural numbers?
It is not possible to explain a false proposition.
True or false The first opportunity for the Nazi movement came after World War 1?
False.
True or false scientific laws explain why something happens?
false
The measure of a tangent-chord angle is half the measure of the intercepted arc outside the angle?
false
True or false jesus would explain the parables to the disciples?
False: Jesus did not do this.
How many sides does a regular polygon have if the measure of an angle is 160?
No regular polygon has 160. The "smallest" polygon is the triangle, which has 180o. ^^FALSE!!!!!!! this polygon has 18 sides!
What is the difference between an objective statement and a subjective statement?
An objective statement is based on facts and can be proven true or false, while a subjective statement is based on personal opinions or feelings and cannot be proven true or false.
As tempo speeds up there will be more beats per measure?
false.
Lincoln primary objective was to preserve the union many believe it was to end slavery this is false. later on this became his secondary objective?
This is absolutely true.
Ash and carbon dioxide coming from the volcano contributes to atmospheric cooling, True or false?
False
