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When the benefit of one particular use of a resource is greater than the opportunity cost?
Being used efficiently
The optimal use of a resource take place when?
The benefit is greater than the opportunity cost.
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.
Which describes the resource when the benefit of its use is greater than the opportunity cost?
being used efficiently <3
What are some examples of an opportunity benefit?
if your mom tell u to do a chore and she give you allowance for doing it would be an example of opportunity benefit
When the benefit of one particular use of a resource is greater than the opportunity cost?
Being used efficiently
The optimal use of a resource take place when?
The benefit is greater than the opportunity cost.
What happens when the optimal use of a resource takes place?
The benefit is greater than the opportunity cost.
What is The optimal use of a resource takes place when happens?
The benefit is greater than the opportunity cost.
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.
Definition of scarcity and opportunity cost by Bernardo Villegas?
Opportunity cost refers to the economic benefit forgone by using a resource for one purpose rather than another.
Which describes the resource when the benefit of its use is greater than the opportunity cost?
being used efficiently <3
What are some examples of an opportunity benefit?
if your mom tell u to do a chore and she give you allowance for doing it would be an example of opportunity benefit
Of the following which term covers a wide range of government promises of financial benefit to particular persons who meet certain criteria?
entitlements A+
What is the benefit of human resource planning?
human resource planning helps in efficient utilisation of human resource
What happens when optimal use of a resource takes place?
The benefit is greater than the opportunity cost.
What is a ressource?
A 'resource' is anything humans can use to their benefit.
