Ask Question
BusinessBusiness
2 December, 02:45

Alexandra wants to play soccer & also work at McDonald's. She cannot do both so she decides to play soccer. What is her opportunity cost?

+1
Answers (1)
  1. 2 December, 03:17
    0
    Opportunity cost is giving up the working at Mc Donald's

    Explanation:

    Opportunity cost is the term which is stated as the profit, value of something or the benefit which is given up for something in order to acquire or accomplish something else.

    In this case, Alexandra wants to work at Mc D and play soccer. So, she decided to play soccer. Therefore, the opportunity cost is working at Mc Donald in order to play.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Alexandra wants to play soccer & also work at McDonald's. She cannot do both so she decides to play soccer. What is her opportunity cost? ...” 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 customer buys 5 ABC Jan 30 Straddles for a total premium of $3,500. Just prior to expiration ABC stock closes at $21, and the customer closes the options positions at intrinsic value. The customer will have a: A. $1,000 gain B. $1,000 loss C.
Answers (1)
A machine that cost $400,000 has an estimated residual value of $40,000 and an estimated useful life of four years. The company uses straight-line depreciation. Calculate its book value at the end of year 3
Answers (1)
Random Corporation recently paid a common stock dividend of $2.50. Analysts predict that the firm and its dividends will grow at a rate of 12% per year. Random has a beta of 1.35. The current risk-free rate of interest is 5.
Answers (1)
Suppose the state of Wyoming passes a law that increases the tax on cigarettes. As a result, smokers who live in Wyoming start purchasing their cigarettes in surrounding states. Which of the following principles does this best illustrate?
Answers (1)
San Ruiz Interiors provides design services to residential and commercial clients. The residential services produce a contribution margin of $450,000 and have traceable fixed operating costs of $480,000.
Answers (1)
New Questions in Business
Which financial transaction is associated with the home rental process? a. down payment b. closing fee c. deposit d. taxes, tags, and title fees
Answers (1)
When a policyowner cash surrenders a Universal Life insurance policy in it's early years, this may be considered a red flag for
Answers (1)
Critical analysis Q8 When actual output exceeds an economy's full-employment output, how will the self-correcting mechanism direct the economy to long-run equilibrium? Prices will increase causing production costs, which will reduce aggregate supply.
Answers (1)
The marginal product of any input is thea. increase in total cost associated with a one-unit increase in production. b. change in total output associated with a $1.00 increase in total cost. c.
Answers (1)
SnowBlowers, Inc. is targeting consumers in the northern regions of the United States and focusing on giving consumers practical and functional reasons to buy its snowblowers. What type of ad is SnowBlowers, Inc. using?
Answers (1)
Home » Business » Alexandra wants to play soccer & also work at McDonald's. She cannot do both so she decides to play soccer. What is her opportunity cost?
Sign Up Forgot Password?