Label each scenario by deciding whether the opportunity cost has increased or decreased. Emily is deciding between her two favorite restaurants. One makes Indian food and the other makes Chinese food. The Indian restaurant has just raised its prices. The opportunity cost of Chinese food has Jacob has a bagel or a muffin for breakfast. Muffins are on sale, so they cost $1 less than usual. The opportunity cost of eating a bagel has Taylor has to take time off work to study. Since her wage has increased from $10 /hour to $15 /hour, the opportunity cost of studying has Justin decides to take the bus to school instead of driving to school. The price of gasoline has just decreased. The opportunity cost of taking the bus has

Question

09-09-2019
Business

contestada

Label each scenario by deciding whether the opportunity cost has increased or decreased. Emily is deciding between her two favorite restaurants. One makes Indian food and the other makes Chinese food. The Indian restaurant has just raised its prices. The opportunity cost of Chinese food has Jacob has a bagel or a muffin for breakfast. Muffins are on sale, so they cost $1 less than usual. The opportunity cost of eating a bagel has Taylor has to take time off work to study. Since her wage has increased from $10 /hour to $15 /hour, the opportunity cost of studying has Justin decides to take the bus to school instead of driving to school. The price of gasoline has just decreased. The opportunity cost of taking the bus has

Respuesta :

Otras preguntas

Passage of two pairs of electrons from NADH molecules to oxygen will pump outA. 2 ATP moleculesB. 3 ATP moleculesC. 4 ATP moleculesD. 6 ATP molecules

Which suggestions should the nurse give to a family to foster developmental changes in an adolescent child? 1 Start focusing on midlife material and career issu

When telling patients about their diagnosis, is it necessary to disclose every small detail? 1) True 2) False

A project manager is assigned to lead an organization's first project using agile development approaches. To prepare, the project manager sketches some initial

A corporate bond has a face value of $10 000, a coupon rate of interest of 8.25% per annum, payable semi-annually, and six-and-a-half years remaining to maturit

The limited registration provision available to Canadian broker-dealers conducting business in a state permits which of the following actions?A. The broker-deal

Idea un artefacto o servicio relacionado con la informática y describe los pasos de su planeación

Which of the following are findings of research on adult attachment styles?a. Securely attached adults have fewer sleep disruptions.b. Anxiously attached adults

Determine the strength of the bedrock granite. Assume you sampled the granite where it was exposed at the surface and ran a series of 4 triaxial compression tes

After the consumption of an alcoholic beverage, the concentration of alcohol in the bloodstream (blood alcohol concentration, or BAC) surges as the alcohol is a

Dryomys Dryomys · Answer 1 · 2019-09-19T07:25:52+02:00

Answer:

(1) Decreased. Because the prices of Indian food has just rise, so the opportunity cost of Chinese food will fall.

(2) Increased. Because the price of muffins has decreased, so the opportunity cost of eating bagel will increase.

(3) Increased. Because his wage rate increases, so now he have to foregone more money income as compared to earlier. So, the opportunity cost of studying has increased.

(4) Increased. This lower price of gasoline makes the bus ride cheaper.

andromache andromache · Answer 2 · 2022-02-17T14:18:30+01:00

The labeling of opportunity cost increased or decreased should be shown below.

Increment or decrement with respect to the opportunity cost:

(1) Decreased: Since the prices of Indian food have increased due to this opportunity cost of Chinese food will fall.

(2) Increased: Since the price of muffins has reduced due to this the opportunity cost of eating bagels should increase.

(3) Increased: Since his wage rate increases, so now he has to foregone more money income due to this the opportunity cost of studying should be increased.

(4) Increased: This less price of gasoline should make the bus ride cheaper.

learn more about the cost here: https://brainly.com/question/24541771