Solved: Explain the opportunity cost of the decision, Microeconomics

+44 141 628 6080
[email protected]

Explain the opportunity cost of the decision

Assignment:

Visit the website of a newspaper or a news agency such as cbc.ca, and look for the news items concerning government policy or business decisions that involve the basic economic concept of opportunity cost. Write a brief explanation of the opportunity cost of the decision that you selected.

Solution Preview :

Prepared by a verified Expert

Microeconomics: Explain the opportunity cost of the decision

Reference No:- TGS02007911

Now Priced at $30 (50% Discount)

Recommended (99%)

Rated (4.3/5)

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Microeconomics

Q : What is accounting-what is the importance of accounting

What is accounting?What is the importance of accounting? What are corporate financial statements?

Q : Poor leadership and weak communication-employees and manager

This led to poor leadership and weak communication between employees and managers.

Q : Managerial education and structure

How do you educate a manager to manage an organization as it evolves over time from an entrepreneurial structure to more sophisticated organizational structure?

Q : Acheiving innovation in a large organization

Do entrepreneurials have to leave large organizations to acheive innovation, or can they successfully transform larger companies? Why?

Q : Explain the opportunity cost of the decision

Write a brief explanation of the opportunity cost of the decision that you selected.

Q : What mechanisms does ebay use to built trust

What mechanisms does ebay use to built trust? Make decisions? Communicate? Set policies and rules? Governace?

Q : Differences between isas and us auditing standards

Describe the five key differences between ISA's and US Auditing Standards.

Q : Small businesses perceived as high-risk entities

The reason for this may lie in the fact that many small businesses are perceived as high-risk entities;

Q : Explain advantages and disadvantages of incorporating

Advise Nicola on the advantages and disadvantages of incorporating. If you recommend incorporation, what form of incorporation would be the most appropriate?

1946493

Questions
Asked

3,689

Active Tutors

1423078

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Asked Questions

Give example of the health promotion and self-care

A nurse should understand that which of the following is an example of the health promotion and self-care family function and structure?

What is root cause of medical error described as never event

Question: What is the root cause of a medical error described as never events? Group of answer choices

Discharge plan for client with chronic arterial insuliciency

What would the nurse plan to include when developing a discharge teaching plan for a client diagnosed with chronic arterial insuliciency?

Which type of care setting more preferred by rural patients

Which type of care setting is more preferred by rural patients receiving hospice care compared to their urban counterparts?

Identifying a child who has decreased access to health care

Which of the following factors should the nurse consider when identifying a child who has decreased access to health care?

How to investigate the incidence of breast cancer

The public health nurse is explaining to a newly licensed nurse how to investigate the incidence of breast cancer in the community.

Problem related to schizophrenic patient

Rewrite this statement: I have been following a schizophrenic patient over the last three weeks for medication non-compliance and illicit drug use