are best described as the value of the best forgone alternative use of the resources employed.

Your take on decision making process

By 2020, automobile market analysts expect that the demand for electric autos will increase as buyers become more familiar with the technology. however, the costs of producing electric autos may increase because of higher costs for inputs (e. g., rare earth elements), or they may decrease as the manufacturers learn better assembly methods (i. e., learning by doing). what is the expected impact of these changes on the equilibrium price and quantity for electric autos?

If an investment has 35 percent more nondiversifiable risk than the market portfolio, its beta will be: