krissymonae krissymonae
  • 11-04-2019
  • Business
contestada

what is the opportunity cost in this scenario​

what is the opportunity cost in this scenario class=

Respuesta :

MrsSeifried MrsSeifried
  • 11-04-2019

Answer: The correct answer is visiting Ouro Preto.

Explanation: Opportunity Cost is what a person misses out on when another option is chosen. In this case Mikael chose to pay the extra $200 for the transportation. In order to do this he had to give up $200 in sightseeing. The sightseeing experience of visiting Ouro Preto is the Opportunity Cost in this scenario.

Answer Link

Otras preguntas

A square has a perimeter of 28 feet. What is its area?
Which  is larger a zinc atom or a zinc ion? explain
How do you subtract 9 2/6 - 6 5/6 =
The fountain contains 20 pennies and 9 dimes. A coin is randomly taken and not replaced. A second coin is randomly taken. What is the probability that both coin
A 10 kg bowling ball would require what force to accelerate down an alleyway at a rate of 3 m/s2? F= M= A=
An increase in temperature of 10 degrees on the Celsius scale corresponds to an increase of how many degrees on the Fahrenheit scale
4 hundreths equals how many thousandths?
What is a simple subject
A square has a perimeter of 28 feet. What is its area?
2xy+xy-3x+x what is that