The opportunity cost of a new public highway

Assignment Help Business Economics
Reference no: EM13982404

The opportunity cost of a new public highway is the:

money cost of hiring contractors and construction workers for the new highway.

other goods and services that must be sacrificed to construct the new highway.

cost of constructing the new highway in a future year.

increased traffic from the use of the new highway.

Reference no: EM13982404

Questions Cloud

Analyze role of jury as defined by the sixth amendment : Discuss the historical background behind the right to a twelve (12) person jury under the Sixth Amendment to the U. S. Constitution. Provide relevant examples of such historical importance to support your response.
Forms might be symbolically involved in these two structures : Compare the Great Pyramids at Giza to the Nanna Ziggurat at Uruk. Address how each represents the culture which produced it - specific beliefs, philosophy of life, approach to or character of design for each society - as they are expressed in morp..
Respond to the charge that immigrants flood the labor : Respond to the charge that immigrants flood the labor market and drive down wages in the U.S.
What is the relativistic kinetic energy of the electron : What is the relativistic kinetic energy (in joules) of the electron? What is the speed of the electron? Express your answer as a multiple of c, the speed of light in a vacuum.
The opportunity cost of a new public highway : The opportunity cost of a new public highway is the:
Select a human behavior and construct a mini case study : Select a human behavior and construct a mini case study that highlights the workings of marginal utility.
Social media as a means of checking references : What are the advantages and disadvantages of using social media as a means of checking references?
Other things equal-which reduces competition in an industry : "Other things equal, which reduces competition in an industry? "
Effective presentation based on your justification report : Your task is to organize and develop the three parts (introduction, body, and closing) of an effective presentation, based on your Justification Report

Reviews

Write a Review

Business Economics Questions & Answers

  How do you recover an investment

How do you recover an investment when the residual value is significantly less than the loan value.

  Find the equilibrium price-quantity and revenue in market

Betty can make either “12 bottles of wine and 0 boxes of chocolates” or “0 bottles of wine and 96 boxes of chocolates” or a combination of wine and chocolates. Find the equilibrium price (P), quantity (Q), and revenue in a market characterized by the..

  Non-transactions deposits

The currency-deposit ratio has been and is likely to remain relatively stable. The ratio of non-transactions deposits to transactions deposits increased by a factor.

  What is the growth rate of output per person in economy

Now suppose the parameters of the model take the following values. what is the growth rate of output per person in this economy? what is the initial level of output per person? What is the level of output per person after 100 years?

  Marketers continue to push the envelope

Marketers continue to push the envelope as they challenge society’s norms regarding what topics are appropriate to discuss in public. Advertisers are often blamed for promoting a materialistic society by making their products as desirable as possible..

  Economic projections-enhance overall series of projections

You have just been appointed the new Economic Advisor to the U.S. Government and have been asked to develop an economic series of projections for the U.S. domestic economy for the next year. Outline your new forecast based on current developments. Al..

  Consistent with the nash equilibria of the game

Consider the following game: There are 3 players. Each player decides whether to work on a common project or not. The project is successful only if 2 or more players work on it. When the project is successful, each player who works on the project obt..

  Exotic mortgages became popular in part

"Exotic" mortgages became popular in part because they allow someone of:

  Explain what happens to argentine beef consumption

Under free trade, Argentina exports beef. Its government imposes a tax t on exports. Draw and label a diagram to show what happens to Argentine beef consumption, production, exports, domestic prices, consumer and producer surplus

  Q1 suppose that disposable income consumption and saving in

q1. suppose that disposable income consumption and saving in some country are 200 billion 150 billion and 50 billion

  Determine the borrowing rate of return

Consider a project that will bring in upfront cash inflows for the first two years but require paying some money to close the project in the third year. A0 = $ 6,500 A1= $ 4,500 A2 = $ -13,000 This is a simple borrowing project. Determine the borrowi..

  Actual rate of unemployment relative to the natural rate

Contraction GAP, Illustrate what does a Contraction Gap imply about the actual rate of unemployment relative to the natural rate.

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!

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