Ask Question
BusinessBusiness
11 October, 23:01

Suppose that you prefer reading a book you already own to watching tv and that you prefer watching tv to listening to music. if these are your only three choices, what is the opportunity cost of reading

+2
Answers (1)
  1. 11 October, 23:20
    0
    The opportunity cost of reading is watching TV.

    Opportunity cost alludes to an advantage that a person could have gotten, yet offered up, to make another course of move. Expressed in an unexpected way, an opportunity cost that shows an alternative given up when a choice is made. This cost is, accordingly, most significant for two totally unrelated occasions.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Suppose that you prefer reading a book you already own to watching tv and that you prefer watching tv to listening to music. if these are ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Which is a short term bond that must be paid within a year or less?
Answers (1)
Motherboard technology makes and sells only one product, a high-quality processor for mainframe computers, within its market-silicon valley, california. which strategy is motherboard technology using?
Answers (2)
When the price of gas goes up and the demand for tires goes down, this means tires and gas are:?
Answers (1)
a clothing firm knows that the demand for its swimsuits is inelastic at the present price what action should it take to resolve a surplus at the end of the summer?
Answers (1)
gMeadowlark has a direct labor standard of 2.1 hours per unit of output. Each employee has a standard wage rate of $22.50 per hour. During July, Meadowlark paid $94,750 to employees for 4,445 hours worked. 2,200 units were produced during July.
Answers (1)
New Questions in Business
European interest in the Middle East intensified after oil was discovered in the region. a. True b. False
Answers (1)
What type of marketing channel would Secure Insurance use if it offers its products exclusively through door-to-door salespersons?
Answers (1)
Travis is employed in a logistics company. How can he best avoid workplace hazards? A. by staying seated at his desk B. by avoiding hazardous work C. by wearing safety goggles D. by maintaining an uncluttered workplace E.
Answers (1)
The following information was taken from the financial statements of Hofburg Corp. for the year just ended: Accounts receivable, January 1 $ 21,600 Accounts receivable, December 31 30,400 Sales on account and cash sales 438,000 Uncollectible
Answers (1)
China has a collectivist culture. how do you believe that this will affect managers in a starbucks store?
Answers (1)
Home » Business » Suppose that you prefer reading a book you already own to watching tv and that you prefer watching tv to listening to music. if these are your only three choices, what is the opportunity cost of reading
Sign Up Forgot Password?