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Opportunity Cost
Page 5
Questions (268)
Ben goes on a shopping trip for a road trip. He only has $20 to spend. He wants to buy sunglasses, magazines, a video game, and
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When choosing one good or service over another the item that you don't pick is called
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When choosing one good or service over another the item that you don't pick is called
Net game or opportunity cost
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Opportunity cost is what a person gives up when making a choice true or false
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Select the answer that best describes what an opportunity cost is:
Question 2 options: The amount of money you put into savings
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A city council has $100,1000 to spend on city improvements. The council may choose to spend this money on buying two new fire
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Kyle’s grandmother gave him $20.00 for his birthday. He wants to buy a video game that costs $14.00. He also wants to join
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If fast food chain makes the decision to rebrand itself as a mid range adult café instead of a cheap kid, friendly restaurant
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Mariah goes on a shopping trip to get ready for her vacation. She loads her cart with a bathing suit for $15 a sun hat for eight
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Which of these is the most likely opportunity cost of choosing to play a board game rather than going to the movies
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Sally was invited to a friend's birthday party. She was also invited to go to the movies with her cousin on the same day. She
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Which of these is the most likely opportunity cost of choosing to play a board game rather than going to the movies?
* 1 point
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asked by
bruh no
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which of these is the most likely opportunity cost of choosing to play a board game rather than going to the movies?
A) being
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Peace
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Sally was invited to a friend's birthday party. She was also invited to go to the movies with her cousin on the same day. She
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44 views
A sports collector is considering the purchase of either a hockey jersey or a baseball that was struck for a home run. If the
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Blue
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Kendra is trying to decide whether to go to Abby's house to watch a movie or to go to Samuel's house to play board games. They
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asked by
Blue
21 views
Kendra is trying to decide whether to go to Abby's house to watch a movie or to go to Samuel's house to play board games. They
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Blue
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can you simplify this for me
Opportunity cost refers to the concept in economics that expresses the idea of sacrificing the next
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How would you find the opportunity cost of something?
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A consumer must decide between purchasing a new television or a new computer. If the consumer chooses the television, then what
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Mikky Echo
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Kyle’s grandmother gave him $20.00 for his birthday. He wants to buy a video game that costs $14.00. He also wants to join
1 answer
asked by
connexus user
33 views
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Question Which of these is the most likely opportunity cost of choosing to play a board game rather than going
1 answer
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❤LOLBIT❤
38 views
Select the answer that best describes opportunity cost:
Question 1 options: The amount of money you put into savings every year.
1 answer
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18 views
Which of these is the most likely opportunity cost of choosing to play a board game rather than going to the movies? * 1 point
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You received $50 as a birthday gift and chose to spend it on new wallpaper for your room. The opportunity cost of this decision
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Which of these is the most likely opportunity cost of choosing to play a board game rather than going to the movies?
being able
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bruh no
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Which of the following does not illustrate opportunity cost?
If I study, I must give up going to the football game. If I buy a
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12 views
Bill has R10 to spend on a Superman, Batman, or an X-Men T-shirt. Bill buys the Superman T-shirt and the Batman shirt was a
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Which of the following is key to the way in which economists think?
Money Wealth Opportunity cost Poverty Balance sheet
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Read the scenario.
Seth has considered three different ways to spend his Saturday: go to the beach, start on his homework, or mow
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Tamara won the lottery and has decided to invest the money in the stock market instead of building a new home at the beach. What
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What does opportunity cost measure in economics
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Use the chart below, which shows the output of Hummels and Murano Glass per day for Germany and Italy, to solve questions 11-15
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Question A city council has $100,000 to spend on city improvements. The council may choose to spend this money
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Consider two countries, Country X and Country Y, which produce only two goods: cars and bicycles. Country X can produce 200 cars
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13 views
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Question Which of these is the most likely opportunity cost of choosing to play a board game rather than going
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A city council has $100,000 to spend on city improvements. The council may choose to spend this money on buying two new fire
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society opportunity cost
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Individuals opportunity cost
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correct answer is?
A company borrows $8,000 and ends up paying a total of $11,000 over the course of repaying the loan. Identify
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asked by
Kshultz32
28 views
the correct answer is?
Frederick wants to redo his kitchen but also wants to save money for retirement. His retirement account is
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Kshultz32
23 views
A city council has $100,000 to spend on city improvements. The council may choose to spend this money on buying two new fire
1 answer
asked anonymously
11 views
A city council has $100,000 to spend on city improvements. The council may choose to spend this money on buying two new fire
1 answer
asked by
JiNX
11 views
Which sentence from the passage supports the idea that the production and consumption of products and services "runs on our
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Which of these is the most likely opportunity cost of choosing to play a board game rather than going to the movies?
(1 point)
1 answer
asked by
Laufey ☆
11 views
which of these is the most likely opportunity cost of choosing to play a boardgame rather than going to the movies?
a. Being able
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9 views
she loads her cart with a bathing suit for $15.00, a sun hat for $8.00, magazines for $8.00, and a beach towel for $7.00. when
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ariianqtor
2 views
Describe opportunity cost in more of your own words and share and example from an experience
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Describe opportunity cost in your own words and share an example from an experience explain in 1 to 3 sentences
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3 of 283 of 28 Items
Feature A fast-food chain makes the decision to rebrand itself as a mid-range adult café instead of a cheap
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2 views
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Parent Categories (48)
Basic Concepts
Basic Principles
Budgeting and decision-making
Budgeting and Spending
Budgeting/Spending
Choice and Decision Making
College
College expenses
Comparative advantage
Consumer Choice
Consumer choices
Cost
Cost Analysis
Cost and Profit Analysis
Cost-Benefit Analysis
Costs
Costs and Budgeting
Decision-Making
Demand
Economic choices
Economic Needs and Wants
Economics
Finance
Fundamental concepts
Investing
Investments
Key Concepts
Microeconomics
Microeconomics or Decision-Making
Personal Finance
Plotting and Analyzing Production Possibilities
Price
Production
Production and Resources
Production possibilities
Production Possibilities Curve
Production Possibilities Frontier
Production Possibility Curve
Production Possibility Frontier
Purchasing Options
Saving and Investing
Scarcity
Student Loans
Supply and Demand
Trade
Trade-offs
TV and Board Games
Word Problems