What is an opportunity cost

Assignment Help Business Management
Reference no: EM131067842

What is an opportunity cost?

How does this concept relate to the definition of economics?

Which of the following decisions would entail the greater opportunity cost: allocating advertising expenditures to boost sales-or investing in a new plant and equipment? Explain.

Reference no: EM131067842

Questions Cloud

What changes to the workplace occurred the incident : What changes to the workplace occurred following the incident? What changes occurred in the manner in which the individual performs his/her task now?
Growth versus economic welfare debate : The growth versus economic welfare debate is related to the dilemma of how to provide basic human needs without sacrificing growth.
Underlie the production possibilities curve : 1. What are the specific assumptions that underlie the production possibilities curve? 2. What would be the cost of more butter, if the economy is at point C? What would be the cost of producing more guns? How does the shape of the production possi..
Write a one page summary about the movie v for vendetta : Write a one page summary about the movie (V for vendetta) whith answering these questions relating to the movie: What will happen under trump presidency? Society now and after 9/11? trouble with drugs?
What is an opportunity cost : What is an opportunity cost? How does this concept relate to the definition of economics?
Spent on the corrosion-resistant tunnel : RR pays combined federal and state taxes at the 40% marginal rate and uses straight-line depreciation. If the after tax MARR is 12%, what is the maximum amount that should be spent on the corrosion-resistant tunnel?
Avoid plagiarism in both academic and business writing : 1. What do the three types of longer reports have in common with one another?  How do they differ? 2. What is plagiarism, and why is it critical to avoid plagiarism in both academic and business writing?
Economic and sociological forces : Analyze the economic and sociological forces that drove the market equilibrium to unsustainable heights and the shocks that brought the markets back down. What might be done to moderate the effects of these economic swings?
Economic interpretation of the slope of ppf : a). Plot the PPF for John. b). Provide a brief economic interpretation of the slope of PPF in your graphs. Is the principle of increasing costs satisfied on your graph? c). Which combinations of (M,E) among (6,6),(5,4),(3,0) are attainable? Which p..

Reviews

Write a Review

Business Management Questions & Answers

  Explain different types of buying behavior

What is Consumer Behavior? In what ways is the study of consumer behavior linked to the development of marketing strategies and what is Weber's Law? Explain the concept of Absolute threshold, differential threshold, and subliminal perception.

  Show the annotated bibliography

identify four components that must be in each annotated bibliography what would they be

  Discuss how your selected application relate to organization

Discuss how your selected applications relate to the organizational departments. Comprise an introduction and a conclusion.

  How do you think culture could affect an opinion of a public

Give a present day example of a company facing ethical and moral issues in the press. (i.e. BP) How effectively is the company's PR team handling the crisis? Based on what you've learned from the text and class discussions, what recommendations wo..

  Explain how proposed survey addresses problem statement

Explain how the proposed survey addresses your problem statement and determine if your survey questions are appropriate to research your business problem. Explain

  Create analysis to include fixed costs and step-fixed costs

Carry out the cost analysis to include fixed costs, step-fixed costs and variable costs. Write down the challenges in managing budget?

  Major pros and cons of the major technologies

Major pros and cons of the technologies used in Knowledge management.

  Illustrate what will be the amount of your gain or loss

Illustrate what will be the amount of your gain or loss over the original purchase price. Illustrate what would be the amount of your gain or loss had the treasurer originally purchased a bond with a 4-year rather than a 20-year maturity.

  Ideal bureaucracyexplain how you would adjust amend or

ideal bureaucracyexplain how you would adjust amend or reform the current bureaucracy to meet the needs of the united

  Market segmentation is important for target markets

"Market segmentation is important for target markets and target markets are important for product positioning." Elaborate the statement with examples

  Neurological structures and functions worksheet

1. Describe why humans have a blind spot. 2. Describe the functional and anatomic differences between rods and cones. 3. Describe the trichromatic and opponent-process theories of color vision.

  Identify the levels of measurement

Identify the levels of measurement

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