dashagholar dashagholar
  • 11-11-2015
  • Social Studies
contestada

How does cost differ from opportunity cost

Respuesta :

WorldCitizen WorldCitizen
  • 11-11-2015
Cost is usually taken to be the prize (real prize, but not necessarily money: could be resources) paid for something.

Opportunity cost is a loss of an opportunity: it is not a loss of something that you had but of something that you could have had; an opportunity you loose, not something you already have that you loose.
Answer Link

Otras preguntas

why did the nazi party become the largest party in the german government
main ideas of he declaration of the rights of man
What is a slope intercept calculator?
Which musical textures contain a single clear melody? monophonic polyphonic homophonic all of the above
whats the measure of the angle 2x 10=x-10
the quotient of nine less than 3 times a number and four is 21how to translate into a sentence
Read the following paragraph from "adolescence and personality": at precisely the time that adolescents feel unsure about who they are, society begins to ask th
Joshua needs to join the text in two cells together. which of the following would perform this function? a. ="good" "morning" b. ="good"&"morning" c. =go
What part of the brain controls memory?
Which equation represents a quadratic function? (1) y = x + 2 (3) y = x 2 (2) y = ∙x + 2∙ (4) y = 2