Matt and ann both decide to go to a concert with free tickets. we know that
a. neither bears an opportunity cost because the tickets were free.
b. the cost of going to the concert is greater for the one who had more choices to do other things.
c. both bear an opportunity cost since they could have done other things instead of see the concert.
d. both bear the same opportunity cost since they are doing the same thing.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Matt and ann both decide to go to a concert with free tickets. we know that a. neither bears an opportunity cost because the tickets were ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
A firm incurs $400 to manufacture a television. In the market, customers are willing to pay a maximum of $600 for the television priced at $500. The difference of $200 ($600 minus $400) is the A) consumer surplus. B) total return to shareholders.
Answers (1)
Adkins Appliances buys 10,000 shares of stock in Charlie Company for $10 per share on January 2 of the current year.
Answers (1)
Which one of the following forms is used in connection with registration of securities of a small reporting company with $25 million of annual revenues and of $25 million of voting securities held by non-affiliates?1. S-8.2. S-3.3. S-4.4. S-1.5.
Answers (1)
Costco operates discount warehouses for sales of food and household products to customers. Purchasing from Costco requires payment of an annual membership fee, payable at the beginning of the year.
Answers (1)
At what step in the DHS Risk Management Cycle should you first consider the goals and objectives being pursued, the policies and standards of your organization, and the scope and criticality of the risk management decision being made? A.
Answers (1)
New Questions in Business
On October 6, 2018, the Elgin Corporation signed a purchase commitment to purchase inventory for $81,000 on or before March 31, 2019. The company's fiscal year-end is December 31.
Answers (1)
The manager of a large apartment complex knows from experience that 100 units will be occupied if the rent is 400 dollars per month.
Answers (1)
Frito-Lay produces more than 20 varieties of chips. Suppose a retail store offers to stock five of Frito-Lay chips products in each store across the country.
Answers (1)
Which would not be considered as capital by an economist? a crane used by a building contractor an automobile used by General Electric a share of corporate stock issued by General Motors a razor used by a barber
Answers (1)
An example of an institutional coi is: the organization gives scholarships to some post-doctoral researchers an industry sponsor pays for the construction of a new research laboratory at the organization one of the organization's deans is the
Answers (1)