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Why does the opportunity cost of doing homework increase as you spend more time doing it?
Opportunity cost of doing homework increases as you spend more time doing it because of the time you are allocating for it. You can be accomplishing something else.
What calculates the opportunity cost?
Opportunity cost is something for the next porpose.
What does the word opportunity cost means?
Opportunity cost means that there is an opportunity to get something in a lower cost. __by Alondra Rico
What is the opportunity cost of doing MPA or MBA at the university?
What is the opportunity cost of doing an MBA or an MPA at the University of Ballarat? Say you decide to attempt to do the business economics unit without the recommended textbook. What would be the opportunity cost of doing so? (1 Mark)
Is opportunity cost a relevant cost?
Yes, opportunity cost is a relevant cost because it can be used in something more productive.
Why does the opportunity cost of doing homework increase as you spend more time doing it?
Opportunity cost of doing homework increases as you spend more time doing it because of the time you are allocating for it. You can be accomplishing something else.
What calculates the opportunity cost?
Opportunity cost is something for the next porpose.
What does the word opportunity cost means?
Opportunity cost means that there is an opportunity to get something in a lower cost. __by Alondra Rico
What is the opportunity cost of doing MPA or MBA at the university?
What is the opportunity cost of doing an MBA or an MPA at the University of Ballarat? Say you decide to attempt to do the business economics unit without the recommended textbook. What would be the opportunity cost of doing so? (1 Mark)
Is opportunity cost a relevant cost?
Yes, opportunity cost is a relevant cost because it can be used in something more productive.
How does cost different from opportunity?
"cost" represents the money paid for something and "opportunity cost" is the value of the thing given up when one chooses something else.
How does cost differ from opportunity costs?
"cost" represents the money paid for something and "opportunity cost" is the value of the thing given up when one chooses something else.
What do you understand by the term opportunity cost?
Opportunity cost is what you give up in order to get something else. Paying money is the opportunity cost for ice cream for example.
What is Opportunity cost determined by?
The opportunity cost of doing action A is not doing action B. So, the opportunity cost theoretically depends upon how much you value action A over action B (ie, value of action A - value of action B).
What is always there when something is produced?
an opportunity cost
What is a ecomonic?
an ecomonic is the opportunity cost for something .
What is the opportunity cost of doing and MBA or MPA from Australia?
zero
