User Account

All Pages

Opportunity costs careers

Assignment Help Business Economics
Reference no: EM133186157

Assignment 1:

Think of two careers you want to go into and find the wage per hour for both then decide your opportunity costs.

Career 1 and hourly wage:

Career 2 and hourly wage:

Satisfaction Level for Career 1 from 1-10 (1 least satisfied and 10 most satisfied) and why?

Satisfaction Level for Career 2 from 1-10 (1 least satisfied and 10 most satisfied) and why?

Calculate the following:

Opportunity Costs = Sacrifice/Gain

Which career should you choose?

Reference no: EM133186157

Questions Cloud

Imply for volatility of gasoline prices : What does this imply for the volatility of gasoline prices in the short-run vs. the long run in response to oil price shocks?
Understand the presented financial data : Explain why the chosen graphs or charts help someone to understand the presented financial data better than other potential graphs or charts.
Subsidize the export of steel by paying certain amount : Suppose that a "pro-trade" government decides to subsidize the export of steel by paying a certain amount for each ton sold abroad.
Pros and cons of working for public relations firms : Taking into consideration the pros and cons of working for public relations firms versus corporations, decide which job would best fit your abilities
Opportunity costs careers : Think of two careers you want to go into and find the wage per hour for both then decide your opportunity costs.
International trade : Present and discuss two advantages of international trade and two disadvantages of international trade.
Leadership through implied threats to rival : How would a low-cost price leader enforce its leadership through implied threats to a rival? Provide at least one example of such a strategy.
Dealing With Risk And Uncertainty Aby ECO : write a paper in which you identify risk and identify comprehensive ways to should minimize its negative impacts and address risk while improving profitability.
People face trade-offs and rational people think at margin : Decide on the course you want to take. Then using at least two economic decision-making principles. People face trade-offs,Rational people think at the margin

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd