Explain how are money cost and opportunity cost

Assignment Help Business Economics

Reference no: EM1353160

Explain how are money cost and opportunity cost related to each other? A. If markets function well, they are closely related. B. They are always identical in any economic system. C. Opportunity cost always exceeds money cost. D. Money cost is less than or equal to opportunity cost. E. In a market economy, they are always equal to each other.

Reference no: EM1353160

Questions Cloud

Strengths and limitations of personality theories : Examine the theories of personality covered in the readings. Choose two and analyze the strengths and limitations of the theories. Compare and contrast them in relationship to:

Differentiating internal and external fragmentation : Explain the difference between internal fragmentation and external fragmentation. Which one occurs in paging system? Which one occurs in system using pure segmentation?

Structural unemployment and cyclical unemployment : What is the difference between structural unemployment and cyclical unemployment and what type of unemployment is best studied within the long-run framework

How does a leader''s perception of a follower influence : How does a leader's perception of a follower influence their relationship? How does a follower's perception of a leader influence their relationship? What do you take away from the impact of perceptions into your own professional life?

Explain how are money cost and opportunity cost : Explain how are money cost and opportunity cost related to each other. If markets function well, they are closely related. They are always identical in any economic system.

Determine the minimum cost of capital point : The Millennium Charitable Foundation, which is tax exempt firm, issued debt last year at 8 percent to help finance a new playground facility in Chicago.

Psychological theories of behaviorism and humanism : Please help describe the psychological theories of behaviorism and humanism. Compare and contrast them in relationship to:

Explain what other trends could be added to the list : Explain What other trends could be added to the list and What trends are specific to your generation that cannot be universally applied to all Americans?

Explain how much labor and capital did it start : its marginal propensity to consume is 3/4. If its GNPin period10 is 2,048, explain how much labor and capital did it start with in period0.

User Account

All Pages