Opportunity cost of buying a new car

I need a good answer upon the topic of opportunity cost problems.

What is the opportunity cost of buying a new car: (i) last dollar price one pays for this. (ii) Value of the old car traded within. (iii) Sticker price minus negotiated discounts. (iv) Cost of whatever is sacrificed to buy which car.

Can anybody suggest me the proper explanation for given problem regarding how to explained Economics generally.

View Complete Question

Related Questions in Public Economics

Q : Problem on economic system of a country

The economic system of a country is generally categorized according to: (1) Who makes decisions and who owns that resources. (2) Whether it is totalitarian or democratic. (3) Its per capita GDP and its currency value in the Euros or U.S. dollars. (4)

Q : Limits of Technological Advances

Technological advances would not comprise: (i) Native Americans demonstrating Pilgrims how crops grow faster when rotten fish are dropped within with seeds they plant. (ii) pouring coffee through a coffee pot you obtained as a birthday gift. (iii) new

Q : Better off with less in economic

Anything of that people would be better off with less is which from given issue: (1) economic surplus, (2) external cost, (3) economic bad and (4) adverse consequence. Hello guys I need your advice. Please recommend some idea for a

Q : Price elasticity of demanded in

The price elasticity of demand is the relative proportional change within the: (1) quantity of a good demanded yielded by a given absolute price change. (2) price generated through a specified change in quantity demanded. (3) quantity of a good demand

Q : Explain statement of normative

Please help me to solve the problem of normative economics that is given below: Normative economic hypotheses would contain the statement which: (i) Earth consist of five moons composed of blue che

Q : Current situation- better off without

When it is possible to make somebody better off without making anybody worse off, the current condition is: (w) efficient. (x) inefficient. (y) optimal. (z) simply enhanced. How can I solve my problem of Economic Efficiency

Q : Invisible hand of Adam Smith “

“Invisible hand” of Adam Smith refers to the combined results of: (w) monopoly plus altruism. (x) democracy and freedom. (y) self-interest plus competition. (z) taxes and government regulation.

Q : Illustration of Economic Equilibrium

After drivers shift among traffic lanes to exit by a crowded airport till this seems reasonable to expect all exit lines to be similarly time-consuming, economists exemplify the result like an illustration of economic: (i) Equilibrium. (ii) Balance. (iii) Tradeoffs. (

Q : Where illustrations of production are

I require a good answer on the topic of Economic problems. Please provide me your suggestion that where illustrations of production are not contain: (i) Using canned chocolate icing to decorate a cake made with “store-bought” cake mix, (ii

Q : Determine an example of net investment

When gross investment is $100 billion whereas $10 billion of capital is worn out, in that case net investment is: (w) $90 billion. (x) $100 billion. (y) $110 billion. (z) not possible to calculate without more information.

Discover Q & A

Leading Solution Library

Avail More Than 1460998 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1955564
Asked

3,689

Active Tutors

1460998

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment