Explain the concept of opportunity cost, giving at least one example
What will be an ideal response?
Opportunity costs are the value of something that is given up to obtain something else. The cost of going to college includes more than tuition. It also includes the income that a student could have earned by working instead of going to classes.
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What should be the formula in B13?
a) =SUM(B2:B4)/(B7+B9)
b) =SUM(B2:B4)/SUM(B7:B9)
c) =(B4-B4)/(B6+B7+B8)
d) =SUM(B2:B5)/(B6+B8+B9)
e) =(B1+B2)/(B6+B7+B8)
In the case of Ultramares Corporation vs. Touche, the defendant was found to be not guilty of negligence due to lack of privity of contract
Indicate whether the statement is true or false
Which of the following is not one of the costs of stress?
a. Lowers productivity b. Compromise effectiveness c. Keeps the quality of work consistent d. Safety of work life
There is an inverse relationship between the quality or rating of a bond and the rate of return it must provide bondholders
Indicate whether the statement is true or false