Opportunity costs:
a. only include explicit costs paid out-of-pocket
b. never involve costs paid out-of-pocket.
c. may or may not involve costs paid out-of-pocket.
d. are always measured in terms of time.
c
Economics
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How many members are there of the U.S. Senate Committee on Banking, Housing and Urban Affairs?
A. 15 B. 20 C. 21 D. 28
Economics
United Parcel Service and other parcel post carriers have expanded in part because
a. the U.S. Postal Service licensed them the right to deliver first-class mail b. Congress gave patents to these companies c. the U.S. Postal Service does not have a monopoly on all types of mail d. the telephone has replaced the letter as a means of correspondence e. Congress has all but eliminated funding for the U.S. Postal Service
Economics