WebDetermining opportunity cost Juanita is deciding whether to buy a suit that she wants, as well as where to buy it. Three stores carry the same suit, but it is more convenient for Juanita to get to some stores than others. For example, she can go to her local store, located 15 minutes away from where she works, and pay a marked-up price of $103 for WebDetermining opportunity cost Juanita is deciding whether to buy a suit that she wants, as well as where to buy it. Three stores carry the same suit, but it is more convenient for Juanita to get to some stores than others.

Juanita is deciding whether to buy a suit that she wants, as well …

WebYou can use the following Opportunity Cost Calculator. Return of Next Best Alternative Not Chosen. The Return of the Option Chosen. Opportunity Cost Formula. Opportunity Cost Formula =. Return of … WebOpportunity cost = 50 x150/60 = $125 Price = $ 63 Total cost = Price of dress + Opportunity cost = 63 + 125 = $ 188 Juanita will minimize the cost of dress if she buys its from the across town which has the lowest total cost Student review 100% (1 rating) Thorough explanation Clear formatting Easy to follow "Thanks so much" bmg music service catalog

Answered: 2. Determining opportunity cost Juanita… bartleby

WebIf you can’t come to a clear conclusion, you can determine your opportunity cost by using a very simple formula: divide what you’ll sacrifice by what you stand to gain if you take … WebMay 13, 2024 · For example, if a car manufacturer could produce 10 cars worth $8,000 each or 5 trucks worth $12,000 each per day, the opportunity cost of choosing to produce … WebNov 20, 2024 · Determining opportunity cost Juanita is deciding whether to bu. The following table shows different stores,time taken to travel,shopping time,total time taken in shoppoing,opportunity cost,cost of suit and total cost... Posted 2 years ago. Q: 1. A decision at the margin Larry is a hard-working college senior. cleveland oh to kansas city mo