Question and answer
Web economists measure opportunity cost to help determine the true value of economic decisions, what two things do they consider?
1. The cost of an alternative that must be forgone in order to pursue a certain action. Put another way, the benefits you could have received by taking an alternative action. 2. [ The difference in return between a chosen investment and one that is necessarily passed up. Say you invest in a stock and it returns a paltry 2% over the year. In placing your money in the stock, you gave up the opportunity of another investment - say, a risk-free government bond yielding 6%. In this situation, your opportunity costs are 4% (6% - 2%). Read more: ]
s
Expert answered|sharpies|Points 6898|
Question
Asked 3/6/2012 9:20:51 AM
0 Answers/Comments
This answer has been confirmed as correct and helpful.
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
What is monetary economics?
Question
Updated 2/22/2018 4:23:28 AM
1 Answer/Comment

Monetary economics is a branch of economics that provides a framework for analyzing money in its functions as a medium of exchange, store of value, and unit of account.

Added 2/22/2018 4:23:28 AM
This answer has been confirmed as correct and helpful.
34,030,344
questions answered
GET
Answers.
GET THE APP.
weegy*
*
Get answers from Weegy and a team of really smart live experts.
Popular Conversations
Whats is the First step in selective breeding
Weegy: 2 + 2 = 4
6/14/2021 2:03:46 PM| 5 Answers
Through which sense is rhythm best experienced in artworks?
Weegy: Rhythm is best experienced in artwork through the sense of sight. User: What is the meaning of life
6/16/2021 12:28:57 AM| 4 Answers
A strong negative feedback process can cause Earth's climate to reach ...
Weegy: A strong negative feedback process can cause Earth's climate to reach a state of balance.
6/20/2021 9:52:17 PM| 4 Answers
True or False: The higher the BAL, the higher the risk of a fatal ...
Weegy: The higher the BAL, the higher the risk of a fatal crash. TRUE. User: All of the information your brain ...
6/14/2021 7:12:01 PM| 3 Answers
which of the following sentences correctly uses a comparative ...
Weegy: George has a bigger appetite than Harry. -correctly uses a comparative adjective. User: adverbs can modify ...
6/22/2021 6:33:45 PM| 3 Answers
Modern machinery did all except:
6/23/2021 5:00:17 PM| 3 Answers
What are the overall powers of the legislative branch
Weegy: Legislative branch makes all laws, declares war, regulates interstate and foreign commerce and controls taxing ...
6/13/2021 1:16:55 AM| 2 Answers
When an incident occurs or threatens, local emergency manage ...
Weegy: The Incident Command System (ICS) and NIMS are the same, and these terms can be used interchangeably. FALSE. ...
6/13/2021 2:02:47 PM| 2 Answers
GET
Answers.
GET THE APP.
weegy*
*
Get answers from Weegy and a team of really smart live experts.
S
L
Points 786 [Total 848] Ratings 3 Comments 756 Invitations 0 Online
S
L
L
Points 782 [Total 5149] Ratings 9 Comments 692 Invitations 0 Online
S
L
P
P
Points 505 [Total 2900] Ratings 0 Comments 505 Invitations 0 Offline
S
L
Points 319 [Total 319] Ratings 10 Comments 219 Invitations 0 Offline
S
L
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
Points 288 [Total 4227] Ratings 22 Comments 68 Invitations 0 Offline
S
L
Points 278 [Total 278] Ratings 0 Comments 278 Invitations 0 Offline
S
L
1
1
1
Points 208 [Total 2988] Ratings 11 Comments 98 Invitations 0 Offline
S
L
P
P
L
P
Points 198 [Total 6915] Ratings 6 Comments 138 Invitations 0 Offline
S
L
Points 173 [Total 366] Ratings 0 Comments 173 Invitations 0 Offline
S
L
Points 166 [Total 669] Ratings 7 Comments 96 Invitations 0 Online
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.