Problem regarding costs of buying something and get an offer

Please recommend me your best answer for given problem.

While buying a $70 shirt at Banana Republic maintains you from enjoying the pleasure of a $70 meal at a huge restaurant: (i) Opportunity costs are at play. (ii) You are not being distributive professional. (iii) You experienced reducing returns. (iv) Demands for shirts will rise. (v) None of the above.

Please guys suggest me your best point of view for above problem.

View Complete Question

Related Questions in Public Economics

Q : Divisions of labor in production

Economic efficiency tends to be improved via: (1) Divisions of labor in specialization and production and trade according to comparative advantage. (2) Maximization of the opportunity costs. (3) Understanding macro-economics. (4) Intensive investments

Q : Use of relative prices not inclde by

Please help me to solve the problem of economics that is given below: The functions of prices do not contain the use of relative prices like: (w) rationing devices. (x) mediums of exchange. (y) inf

Q : Punishment must fir to crime by Jeremy

In words of Jeremy Bentham, punishment for a particular committing a wrong against society must be: (i) decided by a jury of the person’s peers. (ii) depends on the individual’s intentions. (iii) depends on the criminal’s position in

Q : Explain about excellent economic

Good economic theories are tends to be: (w) detailed pictures of real-world economic behavior. (x) based upon value judgments. (y) logical and simple explanations of real world behavior. (z) intended at maximizing capitalists' profits.

Q : High rates of saving and investment Can

Can someone help me in finding out the right answer from the given options. Production possibilities frontiers can be employed to demonstrate why maximizing economic growth needs: (1) The amount of investment goods to equivalent the quantity of consum

Q : Economic problem in all societies Can

Can someone explain/help me with best solution regarding problem of economic concept of societies... Within all societies, the economic problem involves: (1) learning to be content with what is obtainable, (2) Equa

Q : Explains economic problem posed for

The chorus of a Rolling Stones' song begins along with a line that is, "You can't always acquire what you wish for," that broadly explains the economic problem posed by which factor: (v) scarcity, (w) opportunity costs (x) human greed (y) diminishing returns and (z) marginal utility? How

Discover Q & A

Leading Solution Library

Avail More Than 1457863 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1935593
Asked

3,689

Active Tutors

1457863

Questions
Answered

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

Submit Assignment