Is opportunity cost likely to be constant? Is the philosophy of opportunity cost always consistent? Provide an example of a fixed and variable cost. Is the opportunity cost equal to the actual cost? In what ways are prices related to the law of incr...
ausing a coupon is not an example of opportunity cost. A saving can be cost, the only thing is your cost would be less. Price system is different in the respects of supply and demand, if something is in demand it will be produced more in quantity. Market oriented is different in respe...
An accountant would not count the owner’s opportunity cost of alternative employment as an accounting cost.An example is given in the text in which Helen runs a cookie business, but she could instead work as acomputer programmer. Because she's working in her cookie factory, she gives up th...
In what ways are prices related to the law of increasing opportunity cost? A perfectly competitive seller is A. both a price maker and a price taker. B. neither a price maker nor a price taker. C. a price taker. D. a price maker. ...
After one year, you decide to examine the opportunity cost of choosing the bank over the mutual fund. Bank interest rate: 1% (CO) Mutual fund return: 3% (FO) Opportunity cost = FO - CO Opportunity cost = 3% - 1% Opportunity cost = 2% ...
aWhat is the opportunity cost of using an existing asset? Give an example of the opportunity cost of using the excess capacity of a machine. 什么是机会使用费用现有的财产? 机会使用费用的举例子机器的超额能力。[translate]
Increasing Opportunity Cost Shift of the PPF: Economic Growth Economic growth results in an outward shift of the PPF because production possibilities are expanded. 14/10/29 27 PPC: Key Points Intersections with X-axis and Y- axis Points inside, on, outside the ...
At Point E: Slope of isoquant < Slope of isocost (Hence, increasing labor is still optimal) Cost‐minimization Problem 0 Reach a given output q (L,K), where q f Q Min wL+rK minimize isocost line. L,K Subject to q (L,K) isoquant f ( , ; ) ( , ) L K wL rK q L K...
Definition:An opportunity cost is the economic concept of potential benefits that a company gives up by taking an alternative action. In other words, this is the potential benefit you could have received if you had taken action A instead of action B. ...
Opportunity cost Advantages of the Roll-Down Return Strategy Capital appreciation: If the yield curve is upward sloping, bonds will generally increase in price as they approach maturity, assuming interest rates are stable or decline. This provides a chance forcapital gainsin addition to the coupon ...