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if your mom tell u to do a chore and she give you allowance for doing it would be an example of opportunity benefit
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∙ 12y ago
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What is opportunity cost and opportunity benefit?
Opportunity cost is the cost that an opportunity presents. The opportunity benefit is the benefit of the opportunity that is being presented.
The optimal use of a resource take place when?
The benefit is greater than the opportunity cost.
What is the example of opportunity seeker?
examples of opportunity seekers
What are the examples to increase the opportunity cost in tourism?
the increased opportunity costs in tourism
Explain with the help of production possibility diagram the concept of opportunity cost?
Opportunity cost is the amount you might lose if you do not take the opportunity. You can write out the graph or find examples online.
What is opportunity cost and opportunity benefit?
Opportunity cost is the cost that an opportunity presents. The opportunity benefit is the benefit of the opportunity that is being presented.
What are some Examples of Direct benefit payments?
exportsdirect foreign investments
The optimal use of a resource take place when?
The benefit is greater than the opportunity cost.
What is the example of opportunity seeker?
examples of opportunity seekers
What are the examples to increase the opportunity cost in tourism?
the increased opportunity costs in tourism
Examples of opportunity?
like as if you were to do things in a busy way.
What was the benefit of the soviet union decision to concentrate on heavy industry What was the opportunity cost and who paid it?
The opportunity cost were the consumer goods and services.
What are some examples of benefits?
The are several example of spousal benefit one of the good one is social security spousal benefits benefit given to you if your spouse pass away while you are married to them.
What is an oppourtunity cost?
When Mutual exclusive decision is to be made or projects to be selected, the benefit which is left due to selection of one project instead of other project is the 'Opportunity Cost' for selecting one project over other. Example: Project 1 benefit = 100000 Project 2 benefit = 200000 Opportunity cost for project 1 = 200000 Opportunity cost for project 2 = 100000
What are the examples of opportunity?
Some examples of opportunity costs are:giving up your favorite movie to study (in order to get good grades). The opportunity cost is the movie that has been forgone.attending Baseball training (in order to be a better player) instead of going to your favorite night club when the best artiste would be performing; the club has been forgone/opportunity cost/best next alternative.Opportunity costs are the benefits you could have received by taking an alternative action.
What's the benefit of discount travel insurance?
The benefit of the discount variety of travel insurance is, as suggested by its name, the opportunity to save money. The benefit of travel insurance is for the safety of oneself and his or her possessions.
What is oppurtunity?
Opportunity: the definition of this spelling of the word is to be presented with an option that has the possibility of a perceived benefit.
