A local fast-food restaurant mails out coupons for a free sandwich to every home in the community.The opportunity cost of redeeming the sandwich may include:
A) lost wages due to spending time in a long line instead of eating a Healthy Choice meal in your office.
B) not eating because you are on a "get fit for the summer" diet plan.
C) eating a "Tough Man's Burger," which is one of your favorite fast food options.
D) Any of these could be an opportunity cost,depending on which alternative would have been taken if you did not have a coupon for a free sandwich.
Correct Answer:
Verified
Q36: The problem of having unlimited wants under
Q48: If Johnny weren't in economics class this
Q52: The only rental house available at your
Q53: Your school offers seniors one "free" college
Q54: People choose to do something:
A)when they believe
Q57: Jimmy is very excited about the costume
Q58: Saturday afternoon you can either attend a
Q59: Your sister always brags about how savvy
Q60: The Federal Drug Administration slows the pace
Q66: A local street festival that previously sold
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents