SobkottMicrse
SobkottMicrse SobkottMicrse
  • 17-02-2016
  • Social Studies
contestada

When something is produced there is always.
a. A buyer.
b. an opportunity cost.
c. An elastic supply.
d. A profit.

Respuesta :

andriansp andriansp
  • 17-02-2016
The answer is B.

When something is produced, there is always an opportunity cost .

Opportunity cost is described as the loss of potential gain from other alternatives when one alternative is chosen. For example when we decided to produce a product painted in yellow over green because we think yellow will be more popular. Even if we're correct, we're still missing the potential gain from the one who likes the green one out there
Answer Link

Otras preguntas

Work out the area of the trapezium ABDE
Why was it important to register the african americans to vote 1965?
Why would the United States agreed to pay all its prewar depts to English
Why was it important to register the african americans to vote 1965?
Perform the indicated math on the two vectors: (23, 13) minus (34∠-37°)
what was the u.s.'s first "highway"?
Which sound is part of the English sound system but not a part of the Spanish sound system? Yy Ll ll Nn Sh sh
Balance the reaction. A coefficient of "1" is understood. Choose option "blank" for the correct answer if the coefficient is "1." Al + O2 → Al2O3
If you make a down payment for a home that is greater than 20 percent of the home value, you will not need to pay _____. collateral PMI MPI closing costs
Oils are generally ________ at room temperature and are obtained from ________. oils are generally ________ at room temperature and are obtained from ________.