0
What else can I help you with?
What is the Opportunity cost of a particular good?
The opportunity cost of a certain good is the cost of the next best good that you are forgoing. It is NOT a sum of all the other possibilities. It is just the cost of the next best alternative. For example: The opportunity cost of going to college is the money that you could have earned in a job. Say you spend $80,000 to go to college for four years, but if you had gotten a job right out of high school, you could have made $15,000 a year. The opportunity cost of attending college is the $60,000 you would have earned if you had gotten the job right out of high school.
What is oppotunity cost?
anything you give up in order to obtain something else. It can be your time when choosing between going to that ball game or studying for your exam. If you go to the ball game the cost was giving up time to study.
What is the opportunity cost of devoting scarce university land to car parking?
Since opportunity cost is defined as the cost of any activity measured in terms of the best alternative activity which is forgone, in this case, the opportunity cost can be a field for students to play around or a land where a library can be built. Another example, would be the opportunity cost of coming to school. This answer will be the time enjoyed going to the cinema or time spent with your partner. Hence, the opportunity cost of coming to school will be the cost of not going to cinema and spending time with your partner. Opportunity cost is defined, as the answer above says, as the difference between a course of action and another course of action. What the above answer misses is that opportunity cost is usually measured as the difference between the chosen action and the BEST alternative, not any other alternative. For instance, if you're choosing between 5 stocks, chose stock 1 and all 5 stocks go up, but stock 3 rises the most, you measure your opportunity cost against ONLY stock 3. So the opportunity cost in this case would be the BEST alternative. Unfortunately, there is no numerical way to measure the utility a university would get from various non-economic buildings like a library or cinema, so it would have to be up to the school board.
Which of thses is most likely an opportunity cost associated with joining the debate team at your school?
A Later arrival home from school
Which is an example of an opportunity gap?
a school in a predominantly white neighborhood that has a higher quality of instruction than a school in a predominantly black neighborhood
Why was William penn expelled?
he held his own services instead of attending the school's.
Can you make a sentence for opportunity?
"I had the opportunity to go out with friends tonight, but I decided to stay home and work on my school work instead."
Where did lucille ball go to collage?
She didn't go to college, instead attending dramatic school in NYC.
Why is attending school an important duty citizens?
why is attending school an important duty to citizens
Why is attending school an important duty to citizens?
why is attending school an important duty to citizens
How many public high schools were there in 1860 1900 and 1914?
boys often went to work to help their families instead of attending school
What percent of high school graduates attend college in India?
0%; If they're attending a college in India they're not in high school... They're in college... In India... :D
I am attending school and is almost homeless. What government assistance can i get to help me stay in school?
I am attending school, what aditional government assistance are avaiable to help me stay in school?
What is a child attending school?
A pupil.
Which words should be capitalized in this sentencewe will all be attending bandon high school this spring?
It should be ---- We will all be attending high school this spring.
What may French students do instead of attending a lycee?
Provided they are 16, they can opt out of education and quit school. Or they can pick another educational track, such as apprenticeships or vocational education.
When was Emily Griffith Opportunity School created?
Emily Griffith Opportunity School was created in 1916.
