Which is the best example of an opportunity cost?

You go for a bike ride on your day off work.
You miss school because you are sick with the flu.
You have a business meeting with a potential client.
You skip a friend’s birthday party to go to a football game.

Answers

Answer 1

Answer:

You go for a bike ride on your day off work.

Answer 2

The correct option is, (A) You go for a bike ride on your day off work.

What is opportunity cost and example?The opportunity cost is the amount of time spent learning and the money that could be used elsewhere. When a farmer decides to grow wheat, there is an opportunity cost associated with not doing so or using the resources in another way (land and farm equipment). Instead of driving, a commuter takes the train to work.

What is included in opportunity cost?It includes all decision-related costs, both explicit and implicit. If the opportunity cost exceeds the monetary payment or activities made, it also includes the utility or economic value that person lost. As an illustration, taking a walk might not have any associated expenditures.

What are the 2 types of opportunity cost?The two types of opportunity costs are explicit opportunity cost and implicit opportunity cost. Explicit opportunity cost has a direct monetary value.

Hence, You go for a bike ride on your day off work  is the best example of an opportunity cost.

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Related Questions

The IL Governer has the power to grant which of the follwing
Pardons, repreives. Executions
pardens, repreives, and vetos
Pardons, commutes, executions
Commutes,executuon and vetoes

Answers

Answer:

D-Commutes,exucutoun, And vetoes

Explanation:

Its Just Facts!✌

What the other person said

do old people play a role in conservation?​

Answers

Answer:

Yes, they may not here very well but my old people always would ask me questions.

Explanation:

Answer:

yes

Explanation:

while people of older generations may seem like a drag sometimes, their insights still matter.

In which kingdom are mushroom classified a fugi B plantae C Protista D bacteria

Answers

your answer would be A :)

Answer: fungi

Explanation:

Ap3x

What is the endangered classification status of the Western Lowland gorillas?

Answers

Answer:

This is more like biology but

Not extinct

Explanation:

Explain the major causes of the French Revolution in 1789​

Answers

Answer:

agree on several different causes of the French Revolution, including: the history of the estates-system, resentment towards the absolute monarchy of Louis XVI, the impact of the Age of Enlightenment, the weather conditions before 1789 and the economic crisis that France faced under Louis XVI.

Can someone please tell me how many countries are in the world? I need it for my assignment. It is due soon so please hurry!

Answers

Answer:

thwee are 195 countries

Answer:

There are 195 countries!

"The Lottery" is told in the___ tense, from a(n) ____point of view,
A present: limited third-person
B. present: omniscient third-person
C. past limited third-person
D. past: objective third-person
PLEASE ASNWERRRRRRRRR​

Answers

Answer:

d

Explanation:

Is Past is D ......

Please select the word from the list that best fits the definition match each item with the correct statement led a rebellion

Answers

Answer:

i think its Yalta

Explanation:

cerect me if im rong plz

Which statement BEST explains how specialization encourages trade between countries?

1. Israel’s trade with neighboring countries is limited because of tariffs on imported and exported goods.

2. The US imports oil from the Middle East while some countries there rely on the US for food and technology.

3. A very large majority of Iran’s exports are oil related products which the world needs. Oil is a non-renewable resource.

4. Iran is developing their own nuclear capabilities which few countries have and has threatened the country of Israel in the past. This could result in an embargo.

Answers

Answer:

2. The US imports oil from the Middle East while some countries there rely on the US for food and technology.

Explanation:

A specialization occurred when the process of production a certain product become so cheap and efficient in a country. This allow them to focus their time and resources solely on producing that product and imported other product that they need.

The middle east had the largest oil reserves in the world (As per today, it's 10 times more than US have. They might have some that they haven't discovered yet) .  For United States, this means that importing oil from the middle east is much cheaper compared to producing it by their own. They could focus that time and resources for producing foods and technology instead.

who os the first woman president of United States??
a) mother teresa
b) martha Washington
c) sabitha reddy
d) none of these ​

Answers

Answer:

D. None of these

Explanation:

The USA has not had a women president before.

7.
In a market economy, which of the following is NOT an accepted role of government?
A.
controlling production and consumption
B
protecting consumers
с.
enforcing property rights
D
providing for national defense

Answers

Answer:

D

Explanation:

How has Judaism involved into a culture

Answers

Answer:

It has developed more than thirteen million followers. It has spread throughout multiple countries. It has followers who are born into the faith.

Explanation:

DUE TODAY
HELP please

Answers

The correct answer is B which is scarcity

Answer:

B) scarcity

Explanation:

there are simply never enough resources to meet all our needs and desires this condition is known as scarity

Why was fire a very important element in Zorastrian worship?
It was a symbol of truth (or Good).
Warmth was especially important in Peria’s cold environment.
Fire was not an important element, water was the most important.
It was essential to survival in Persia.

Answers

Answer:

It was a symbol of truth (or Good).

Explanation:

plzzzzzzzzz help i will give the crown to the first person to answer

Answers

Answer:

D

Explanation:

the vigorous movement

Answer:

C is the answer

Explanation:

What is one way America has changed or affected another culture as a result of cultural diffusion?

Answers

Answer:

by eating foreign food

How did the emperor slowly lose power at the end of the Heian period?
He began to lose the support of the samurai.
O The daimyo lost their support from the people.
A new emperor was picked from among the samurai.
O Strong daimyo eventually controlled more land and influence.

Answers

Explanation:

I don’t really know the exact answer to choose from the choices, but here’s some useful information that might help you:

While the rich focused on culture in Heian-kyo, events in the countryside began to weaken the Heian court. The practice of giving large estates to top nobles slowly eroded the emperors' power. The government could no longer collect enough taxes to support the emperor. Japan's rulers began to lose control.

Hope this helps! :)

Answer:

a

Explanation:

edge

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Nieu Amsterdam, mid 17th-century


question: In what ways does the document describe issues of power, wealth, or morality?
Be sure to cite evidence from the document that supports your answer and explain why it supports your answer. Use the RADD process to help answer this question.

Answers

Answer:

maybe wealth because of the clothes, power because people are doing stuff for him

National pride is the weapon needed for the recreation of the great Italian nation. We have worked for years and toiled in the blood and sweat of war. The last stage of our national resurrection is drawing to a close and we must finish this worthy cause called unification.
Every Italian should rally round Victor Emanuel. Once more I repeat my battle-cry: "To arms, all of you!" We need all Italians to raise up their arms…liberty will be ours and the life of Italy will belong to us.
We are a great people and must work together to be great again…, our collaboration, our resolve, and our unity… will again make us a power to be feared.
I utter this word with deepest affection and from the very bottom of my heart. The hour of battle will find me with you again, by the side of the champions of Italian liberty. Let all that believe guard our glorious banners. We shall meet again before long to march together to the redemption of our brothers who are still slaves of the stranger [foreign power]. We shall meet again before long to march to new triumphant Italy
Identify and explain the historical circumstances that led to the developments in the document.Using the document, explain how audience affects the way Garibaldi presents his ideas about unification.

Answers

Answer:

Explanation:

Behind Purgatoria's newfound car preference is a dramatic national comeback. Only 10 years ago, Italy was afflicted with a host of problems: terrorism, labor unrest, inefficiency. Although these issues have not entirely disappeared, today the streets and factories are relatively calm, and pride has replaced self-doubt. In a country unified only a little more than a century ago and traditonally wracked by regionalism, Italians are discovering a positive, new nationalism.

``We used to say we were Milanese, Roman, or Neapolitan,'' says Ernesto Galli Della Loggia, a history professor at the University of Perugia. ``We finally know what it is to be Italian.''

plzzzzzzzzzzzzzzzzz help meeeeeeee

Answers

Answer:

Song, and story I believe

Explanation:

Which factor drives nomadic movement?

Answers

Answer:

the o2 factor does

Explanation:

your welcome

Answer:

The 02 factor

Explanation:

How does the approach of Dr. Timothy Wilson differ from the approach of the developer of "Thought Field Therapy"? What cues indicate that some treatments (such as those described by Dr. Wilson) may be effective and what "red flags" suggest others (like thought field therapy) are likely ineffective?

Answers

Answer:

The only time Dr. Wilson has interjected any type of personal perspective was from a moralfinancial perspective with fetal demise.Scientism attempts to explain events in a matter of fact manner (Burnett, n.d.). Scientismis void of abstract variables such as spirituality, cultural or religious influences in its definition oflife events. Scientism views itself as the absolute source of knowledge and minimizes othersciences like humanities and philosophy. Scientism may influence the actions of individuals withscientific fact through knowledge gained through the scrutiny of science and explaining lifeexperiences in a physical and or material manner (Burnett, n.d.)Dr. Wilson’s worldview is from a scientism perspective. His expressions of facts on theabnormalities and questionable quality of life of the fetus leaving only one conclusion of fetaldemise as the optimal medical choice.Again, scientism is void of other humanity views or

options as evident in Dr. Wilson’s perspective and options offered to Jessica and Marco (GCUPHI413V Case Study: Fetal Abnormality, n.d.)Aunt Maria: Christianity WorldviewFrom the readings, it is apparent that the worldview of Aunt Maria is from her firmbelief of Christianity. Aunt Maria is seen praying and contacting her pastor for further adviseand interjection. Aunt Maria has also verbalized her stance on to Jessica regarding not utilizingabortion as an option. Further explaining Jessica’s responsibilities as a mother to the fetus andto respect God’s grander plan.The Christian worldview refers to God and the importance of prayer, faith, along with apersonal approach to healthcare with science and technology being a gift from God to furtherhelp benefit God’s creation (Shelly & Miller 2006). Christian worldview also embraces givingsupport to the infirmed and destitute through aid and relief. Christian’s believe in the conceptthat we were created in the image of our father and we all have a duty to ourselves, others andGod to find purpose and the fulfilment of life (Shelly & Miller 2006).Aunt Maria’s worldview is a Christian perspective which is apparent with her view ofprayer, belief in God and God’s overall plan for all of us. Her worldview looks to the fetus as aliving entity and has a place in God’s overall plan. She also believes that Jessica and Marco havean obligation and is accountable to the fetus as its parents and to understand that God has anoverall plan for them all and to love the fetus no matter what its abnormalities may include.

What are the city council's responsibilities regarding the budget? Select two options.
determining whether to veto the proposed budget
deleting specific lines of the proposed budget
approving or rejecting a budget as a whole
putting the budget into effect the next fiscal year
writing a budget and presenting it for public review

Answers

Answer:

approving or rejecting a budget as a whole

putting the budget into effect the next fiscal year

Explanation:

A city councilperson is a member of a municipal legislature. A city council enacts laws and works to ensure the safety of its citizens.

The city council's responsibilities regarding the budget are as follows:

1. approving or rejecting a budget as a whole

2. putting the budget into effect the next fiscal year

The responsibilities of the city council relating to the budget allocation are that it can approve or reject it or even put it for use in the upcoming year.

Option C and D are correct.

What is a budget?

Budget is a kind of plan that helps in identifying the allocation of revenues and expenses in accurate manner for future uses. It controls the spending and the increases the incomes.

City council is referring to the authority that is mainly set up for managing the activities of a particular city. It also monitors the interests and grievances of the residents of the city. It is considered to be the law making body of the city.The responsibilities of the city council are relating to the budget that is either approving or rejecting it and can put it up for implementation in the next year.

Therefore, the explanation mentioned in options C and D are correct.

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allowed railroad corporations to borrow money in the banks in order to have some control over the businesses

Answers

Answer:

h gbnhtjgnbhtnbbtyhbngrnbgvferghbu

Explanation:

Is Christmas a religion? I just wanna know-

Answers

Answer:

no it is christan holiday but most people celebrate it even if they are not Christian

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“We know our lands are now become more valuable: the white people think we do not
know their value; but we are sensible that the land is everlasting, and the few goods
we receive for it are soon worn out and gone. For the future we will sell no lands but
when Brother Onas [the proprietor of Pennsylvania] is in the country; and we will know
beforehand the quantity of the goods we are to receive. Besides, we are not well used
with respect to the lands still unsold by us. Your people daily settle on these lands, and
spoil our hunting…”
“If you have not done anything, we now renew our request, and desire you will inform
the person whose people are seated on our lands, that that country belongs to us, in
right of conquest; we having bought it with our blood, and taken it from our enemies
in fair war…
It is customary with us to make a present of skins whenever we renew our treaties. We
are ashamed to offer our brethren so few; but your horses and cows have eat the grass
our deer used to feed on. This has made them scarce, and will, we hope, plead in excuse
for our not bringing a larger quantity: if we could have spared more we would have given
more; but we are really poor; and desire you’ll not consider the quantity, but, few as they
are, accept them in testimony of our regard…”
“Our wise forefathers established union and amity between the ve nations [Iroquois
Nation]. This has made us formidable. This has given us great weight and authority
with our neighboring nations. We are a powerful Confederacy, and by your observing
the same methods our wise forefathers have taken you will acquire much strength and
power; therefore, whatever befalls you, do not fall out with one another.”


QUESTION: In what ways does the document describe issues of power, wealth, or morality?
Be sure to cite evidence from the document that supports your answer and explain why it supports your answer. Use the RADD process to help answer this question.

Answers

Answer:

i dont no eeeeeesssdddddddbvvccxcbh

plzzzzzzzzzzzz help i will give 20 points

Answers

the answer is Prosecuted :D

True or False: The French colonists had better relationships with the Native
Americans than the English colonists.

Answers

Answer:

True.The French couldn't live without them.

Answer: true

Explanation: The French had a better relationship with the Natives

what are the support given to nepal by saarc?more than three.​

Answers

Answer:

Sarraf de faccu

law bet be Lal

sad fre yew nok

The support given by saarc to nepal are :

Explanation:

1. Helping those children who don,t have their family. 2.Helping those people who are homeless because of earth quick landslides floods etc 3.Helping those people who are not getting their proper right.

what was the geographic area of the algonkian tribe

Answers

Answer: Native indigenous peoples of southern Quebec and eastern Ontario.

Explanation:

A tribe whose communities still exist today, nine communities in Quebec and one in Ontario. The French colonists converted a large number of these people to Christianity. Today, a large number of adherents in tribal communities combine their original religion with Catholicism. Throughout colonial history, they were known as fur traders. In such circumstances, they also waged war with neighboring indigenous tribes over the competition in the trade field.

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Tom Watson was known, most notably in his early career, for his blank ideas especially with regard to race.A.progressive B.conservative C.LiberationD.traditional 1. Combine like terms in 2 + x + 3y + 4x + 2y + 5.2. Combine like terms in 2x + 3xy + 4 + 5yx.please due in 5 minutes please Earthquakes Shaking of the ground Seismographs Scientific method Aiden is thinking of a career as a landscaper. He decides to take some classes offered by the local garden club so he can learn more about plants and flowers. What will be the opportunity cost associatedwith taking the classes?A) the number of hours Aiden wil spend in classB)what Aiden gives up in order to attend classC)the dollar value of the classesD)the income Aiden will earn When a system of linear equations is graphed, how is the graph of each equation related to the solutions of that equation? PLEASE HELP im to stupid 24=3(2a14)3awhat is A? ano ang meaning ng advocacy campaign? If a metal donates or loses an electron it becomes a..A. IonicB. CovalentC. Metallic The Ardabil Carpet is lit for 10 minutes every 1/2 hour while it is on displayThis is because can u pls help me with this question A map of Long Island has the scale 2.75 cm= 16km. On the map, target Rock is 23.2 cm from Lake Montauk. Find the distance from Target Rock to Lake Montauk. PLEASE HELP ASAP Which graph represents the equation y = 3/4 x - 3 A 80 kg parent and a 20 kg child meet at the center of an ice rink. They place their hands together and push. The parent pushes the child with a force of 25 N, what is the force acting on the parent? Write an exponential function in the form y=ab* that goes through points (0.7) and (2.63) why do people ask me if this is a dating app!!!!!!! A jar contains only pennies, nickels, dimes, and quarters. There are 29 pennies, 13 dimes, and 21 quarters. The rest of the coins are nickels. There are 91 coins in all. How many of the coins are not nickels? If n represents the number of nickels in the jar, what equation could you use to find n? a circle has a circumference of 54 cm what is the radius? Please answer this correctly without making mistakes Toby read a total of 12 books over 3 months. If Toby has read 16 books so far, how manymonths has he been with his book club? Assume the relationship is directly proportional. (Not so great at math)