It is possible for the opportunity cost of an input to be very low or zero if there is no alternative use for it.
a) true
b) false

Question

02-08-2022
Social Studies

Answered

Find the best answers to your questions at Westonci.ca, where experts and enthusiasts provide accurate, reliable information. Discover comprehensive solutions to your questions from a wide network of experts on our user-friendly platform. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.

It is possible for the opportunity cost of an input to be very low or zero if there is no alternative use for it.
a) true
b) false

Sagot :

We appreciate your time on our site. Don't hesitate to return whenever you have more questions or need further clarification. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Your questions are important to us at Westonci.ca. Visit again for expert answers and reliable information.

Which word in the following sentence contains a capitalization error? Did you read the article about Congresswoman Jones in the march issue of Politics in Ameri

Jacksonian democracy is associated with which of the following? Rejection of a national bank Rejection of states' rights Rejection of strict interpretation of t

While picking thirty apples, Mia noticed that six apples had worm holes and had to be thrown away. What is the ratio for good apples picked to bad apples picked

Which is greater? In order from greatest to lowest? 3/7 1/4 and 7/8

Which describes a goal of the Crusades? A. to teach literacy to the serfs of Western Europe B. to return Jerusalem and the Holy Land to Christian control C. to

For a person of any age, a BMI calculation is -a perfect indicator of health -the best method to determine fitness -the most efficient resource to identify h

Which sentence uses possessive pronouns correctly? A. That basket filled with fruit is your's. B. The paints are hers and the brushes are his. C. The robe has f

Which statement is true about the events depicted in Shakespeare's Julius Caesar? A. The events are symbolic of the jealous attacks that Shakespeare endured wh

The primary function of a radula is to __________. a) process nerve signals b) allow excretion c) enable water to enter and leave the body d) aid in feeding

Which of the following needs a comma? Clean up your area when you have finished. Finishing includes cleaning up your work area. When you have finished clean up

smecloudbird18 smecloudbird18 · Answer 1 · 2022-08-12T10:22:57-04:00

Yes, It is possible for the opportunity cost of an input to be very low or zero if there is no alternative use for it. It means that the statement is true.

The opportunity cost of an input is zero if it has no alternative use. This is so because the cost of alternatives refers to the value of the next best option. Since there isn't an alternative available in the scenario described, the opportunity cost is zero.

The opportunity cost of a certain activity option is defined as the loss of value or benefit that would result from engaging in that activity (the cost) as opposed to engaging in an alternative activity that offers a higher return in value or benefit in microeconomic theory.

To learn more about opportunity cost here

https://brainly.com/question/24319061

#SPJ4

Sagot :

Other Questions