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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
What is the amount of income that would result from an alternative use of cash called?
opportunity cost
What is the opportunity cost of doing or getting something?
The opportunity cost of doing or getting something is the value of the next best alternative that is foregone as a result of choosing that particular option.
Why does the shape of the ppf slope downwards to the right and bulge out?
The slope of the PPF at a given point is the amount of good 'A' that would have to be sacrificed to get an additional unit of good 'B" That is the opportunity cost of getting an extra unit of good 'B' It bulges outwards (it is concave) because of the increasing opportunity cost If the slope is lineaar (straight) the opportunity cost will be constant and no sacrifice will be made. Three results can result from the PPF these are.. 1) Unattainable 2) Attainable and efficient 3) Attainable but inefficient Innefiency refers to when TB (total benefit) mines TC (tolat cost) is not maximised.
How does increasing a bank's required reserve result in less money circulating in the economy?
Increasing a bank's required Reserve ultimately result in less money circulating in the economy because the bank will issue fewer loans, mortgages and lines of credit if they must hold on to more of their money.
Is you are happy about your result correct grammar?
"You are happy about your result". Do you mean to put this in the form of a question? It might be better put this way: Are you happy with your results? or: Are you happy with the outcome?
What is the difference between opportunity cost and marginal cost?
opportunity cost refers to the satisfaction of ones want at the expense of another want while marginal cost is the addition to total cost as a result of increasing output by one unit.
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
Attendance at first world cup final?
brazil THIS IS NOT THE CORRECT ANSWER. THE QUESTION WAS ABOUT THE ATTENDANCE, NOT THE RESULT, OR THE VENUE.
As a result or as the result?
"as a result" is the correct phrase to use. "As the result" is not grammatically correct.
What is the result of increasing volume of a gas?
Increasing the volume of a gas the pressure and density decreases.
What is the result of increasing the volume of gas?
Increasing the volume of a gas the pressure and density decreases.
What is the result increasing the volume of a gas?
A decrease of pressure.
Increasing the melt temperature for a given material is likely to result in?
Increasing the melt temperature the material can be transformed in a gas.
What is a result of increasing the temperature of a gas?
The kinetic energy will increase
What is the result of increasing the temperature of the gas?
The Kinetic energy will increase
What is the result of increasing the temperatures of a gas?
The kinetic energy will increase
