What is the value, either monetary or nonmonetary, of what we give up when we choose one alterative over another?

What will be an ideal response?


Opportunity cost.

Trades & Technology

You might also like to view...

In schematics, what do dashed lines between components indicate?

What will be an ideal response?

Trades & Technology

The term ____________________ or reduction division is cell division where the daughter cells have half the complement of chromosomes

Fill in the blank(s) with correct word

Trades & Technology

While greasing a U-joint cross, grease exits from only 3 of the four trunnion seals. What should you do first?

A. Leave it, grease will circulate in the cross B. Replace the U-joint assembly C. Pound on the bearing cap with large hammer D. Loosen the journal cap over the affected trunnion and try again

Trades & Technology

The RPM of a belt driven blower can be determined by:

A) Multiplying motor and fan sheave diameter and then divide by the motor RPM. B) Multiplying motor RPM and motor sheave diameter and then divide by the fan sheave diameter. C) Multiplying motor and fan sheave diameter and then dividing that total into the motor RPM. D) Multiplying motor RPM and fan sheave diameter and then divide by the motor sheave diameter.

Trades & Technology