WebSolved by verified expert. 1) The opportunity cost that had an influence on me personally was the choice I had to make between taking a summer job that would help pay for … WebMar 16, 2024 · The opportunity cost of capital is the difference between the returns on the two projects. Example of the Opportunity Cost of Capital. The senior management of a business expects to earn 8% on a long-term $10,000,000 investment in a new manufacturing facility, or it can invest the cash in stocks for which the expected long-term …
Learn About Opportunity Cost in Microeconomics: 5 Examples of ...
WebJan 29, 2024 · The opportunity cost is time spent studying and that money to spend on something else. A farmer chooses to plant wheat; the … WebSolved by verified expert. 1) The opportunity cost I experienced was deciding whether to purchase a car or invest in the stock market. 2) The impact of the choice I made was that … phil rawlins falkirk
Opportunity Cost: Definition and Examples - SmartAsset
WebQuestion: Please answer the below questionss. Q1. Give one personal example describing the opportunity cost of a decision you have made in the past. Include the term trade-off in your answer. Q2. Give a personal example from work, school or personal life where yourself take advantage of economies of scale. Q3. WebJun 22, 2024 · Example of Opportunity Cost of Capital. ... The concept of the opportunity cost of capital will give the best results if we use it to compare projects sharing similar risk profiles. Selecting similar projects … WebApr 10, 2024 · Simply put, the term ‘Opportunity cost’ refers to what you’d have to give up to gain something. Opportunity Cost Examples. Let’s suppose you have $10. You can use this money to buy a KFC Mighty Zinger or an Accounting textbook for your upcoming quiz. If you choose to buy a burger, you won’t be able to afford the Accounting textbook. phil rawlings realtor