subject
Business, 26.11.2019 21:31 amandasantiago2001

Kevin has $20 to spend on summer clothes. he is looking at shirts, shorts, and flip-flops. shirts are $10, shorts are $15, and flip-flops are $10. which of the following statements best describes the opportunity costs and benefits of buying a shirt?

a. the opportunity cost is $10; the benefit is that he now has a shirt.
b. the opportunity cost is that he cannot afford the shorts; the benefit is that he now has a shirt.
c. the opportunity cost is $10; the benefit is that he saved $15.
d. the opportunity cost is that he cannot afford the shorts or the flip-flops; the benefit is that he saved $10.

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 21.06.2019 18:20, Heavengunn15
Which of the following is intended to demonstrate to an employer the importance of cooperating with workers? a. a collective agreement. b. a stock offer. c. a boost in production. d. a work slowdown. 2b2t
Answers: 2
image
Business, 22.06.2019 04:10, chloeholt123
What is the difference between secure bonds and naked bonds?
Answers: 1
image
Business, 22.06.2019 04:30, ana2896
What is the second step in communication planning? determine the purpose of the message outline the communication for delivery determine the best channel of communication clarify objectives identify the audience
Answers: 2
image
Business, 22.06.2019 15:00, menendezliliana5
(a) what do you think will happen if the price of non-gm crops continues to rise? why? (b) what will happen if the price of non-gm food drops? why?
Answers: 2
You know the right answer?
Kevin has $20 to spend on summer clothes. he is looking at shirts, shorts, and flip-flops. shirts ar...

Questions in other subjects:

Konu
Social Studies, 30.08.2019 23:30
Konu
Mathematics, 30.08.2019 23:30
Konu
Mathematics, 30.08.2019 23:30