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Opportunity's such as an increase in certain facilities such as an athletic track or football pitch in an area or an increase in the number of jobs. Transport links may open up and new homes may be built all for the local people in a certain area. this may be brought about by the 2012 London Olympic games or the FIFA world cup.
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Why are costs important in economics?
How do firms incorporate opportunity cost to calculate economic cost? discuss and give example using an explicit economic cost and an implicit economic cost.
What is the opportunity to control ones own economic decisions?
The opportunity to control ones own economic decisions is a free enterprise.
Which economic system has the most opportunity for people to have economic success?
Arguably capitalism
What does 'economic opportunity' mean?
Jobs and services
What are royalties in economic s?
they are the seperation of the opportunity cost
Why are costs important in economics?
How do firms incorporate opportunity cost to calculate economic cost? discuss and give example using an explicit economic cost and an implicit economic cost.
What is the opportunity to control ones own economic decisions?
The opportunity to control ones own economic decisions is a free enterprise.
Which economic system has the most opportunity for people to have economic success?
Arguably capitalism
What is the definition of Economic Opportunity?
Economic opportunity is a United States Public Law. This law was made to formationlocal Community Action Agencies as part of the War.
What does 'economic opportunity' mean?
Jobs and services
What are royalties in economic s?
they are the seperation of the opportunity cost
What is the example of opportunity seeker?
examples of opportunity seekers
Opportunity cost is?
Opportunity cost is the highest-valued alternative foregone in order to take an economic action.
What reason opportunity cost arise?
As economic goods are limited, one has to make choices to satisfy his needs. Thus, due to limited economic goods, opportunity costs rise.
What part of the Economic Opportunity Act Of 1964 helped people afford people?
Food Stamps helped people afford food as part of the economic opportunity act of 1964.
What economic term for what you lose when using resources for something else?
The economic term for what you lose when using resources for something else is known as opportunity cost.
Which office fought the war on poverty?
Office of Economic Opportunity
