--%>

Opportunity costs in alternate activity while study economic

Why is this probably precise to believe that you can believe of nothing better to do along with your time immediately than to study economics?

E

Expert

Verified

Whenever the opportunity costs of other options were superior to this cost of not studying, in that case you would be engaged within an alternate activity.

   Related Questions in Public Economics

  • Q : Determine the positive technical

    Which of the given is a positive technical statement? (i) The Miss America contest is sexist and tasteless. (ii) The moon is made of green cheese. (iii) Microsoft’s record of innovation justifies Bill Gates’ incredible wealth. (iv) Capitalism improves peop

  • Q : Economic questions incapability of

    Economic questions incapable of scientific verification like to correctness or falsity, as like why, how and when to prosecute and execute alleged murderers, or to whom income must be again distributed, fall in the category of: (1) positive economics.

  • Q : Explain about entrepreneurship I need a

    I need a good answer on the topic of Economic problems. Please give me your suggestions that entrepreneurship, labor, capital and land are all illustrations of: (w) producer's supplies. (x) goods and services. (y) income streams. (z) productive resources.

  • Q : Occurrence problem of Economic

    Economic inefficiency is most obviously a problem while: (i) Elmer hates Alpo but eats this so he can afford a cheap daily bottle of Gertrude's Hi Test Wine. (ii) Emma forgot to turn off the water and this runs down the street in a storm sewer six blo

  • Q : Explain about the good economics models

    Good economic models are: (1) intricate models of all aspects of the actual economy. (2) designed to create economics hard. (3) simplifications of the real world. (4) scientific only when expressed mathematically.

  • Q : Problem on equivalent amounts of goods

    Can someone help me in finding out the right answer from the given options. According to the equivalent share criterion of distribution, individuals must: (i) Share income according to personal requirement. (ii) All produce equivalent shares of output. (iii) Each cons

  • Q : Determine the Supply and Demand in

    This vigorously competitive clothing market is at firstly in equilibrium at S0 and D0. When the moves in the demand for clothing to D1 occurred before the transfer in supply to S1, in that case: (1) the primary signal to fir

  • Q : Usefulness of Positive Economics Please

    Please help me to solve the problem that is given below: Positive economics is MOST helpful within finding if: (i) Particular economic goals are good or not. (ii) A set of national goals is desirable. (iii) Specific economic t

  • Q : Value of the best foregone alternative

    The value of the best foregone alternative explains: (w) opportunity costs. (x) monetary costs. (y) irrational behavior through a consumer. (z) retail price margins over production costs. How can I solve my above e

  • Q : Define the behave of standard economic

    Standard economic theory supposes that individuals behave: (w) along with charity towards others while they are particularly moral. (x) irrationally while they are in large groups. (y) like home economists when they are Homo sapiens. (z) purposefully