What is the opportunity cost in this scenario?
Mikael has saved $4,000 for his to trip to Brazil. He has calculated that his total transportation expenses will be $1,000. The hotel will cost him
another $1,500. He will spend about $500 on food. He plans on spending the remaining $1,000 for sightseeing and buying souvenirs.
While booking his plane ticket, he realizes that the price has gone up. His total transportation expenses will go up by $200. He realizes that he
cannot cancel his hotel reservation. He also doesn't want to go cheap on food. Finally, he decides to give up visiting the popular Ouro Preto
during his stay in Brazil.

Answers

Answer 1

The opportunity cost in this scenario is Sightseeing.

The Opportunity Cost in this scenario will be the amount of  $1,000 that has been made available for  sightseeing and buying souvenirs.

Opportunity Cost is an alternative forgone which a person or an individual give up or forgone  in order to choose  other available alternative when making a  decision  which inturn may  result in  the loss of  gain  that would have been derived  if the alternative forgone was  choosing.

Example of opportunity cost is  giving up

on buying movies tickets for a textbook.

Therefore the opportunity cost in this scenario is Sightseeing.

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Related Questions

The Escobar family went on a car trip. They drove 100 miles on country roads and 240 miles on the highway. They drove 50% faster on the highway than on the country roads. Let r represent their rate on country roads in miles per hour. a. Write and simplify an expression that represents the number of hours it took the Escobar family to complete their trip in terms of r. (Hint: 50% faster means 150% of the original rate.) b. Find their total travel time if they drove the posted speed limit.

Answers

Answer: Hey I'm sorry I didn't get to answer your question it's just that I need the points because I don't have enough to get help with my question. I hope you get the answer that you need for you question. Good Luck :)..

Explanation:

The expression that represents the number of hours it took the Escobar family to complete their trip in terms of r is 260/r

The expression for the total time of travel?

Let r represent their rate on country road and R represent their rate on highway.

So, we have:

R = (100% + 50%) * r

Evaluate

R = 1.5r

Rate is calculated using:

Rate = Distance/Time

So, we have:

r = 100/t and R = 240/T

Make T and t the subject

t = 100/r and T = 240/R

The total time of travel is:

Total = t + T

So, we have:

Total = 100/r + 240/R

Substitute R = 1.5r

Total = 100/r + 240/1.5r

Simplify

Total = 100/r + 160/r

Evaluate the sum

Total = 260/r

The total time of travel

The speed limit is 40mph

This means that:

r = 40

In (a), we have:

Total = 260/r

Substitute 40 for r

Total = 260/40

Evaluate

Total = 6.5

Hence, their total time of travel is 6.5hours

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1. What is "FAFSA?"

2. When applying for a tuition loan, what should be your primary guideline?

3. Where does one go to find the FAFSA form?

Answers

1. The free application for Federal Student Aid

2. not sure

3. studentaid.gov

The primary guideline for a college student that is applying for a tuition loan is to have ideal repayment options.

What is FAFSA?

FAFSA is an acronym for Federal Application for Student Aid and it can be defined as a form that is issued to either current or prospective college students in the United States of America, in order to determine whether or not they're eligibile for student loans and financial aid.

The primary guideline for a college student that is applying for a tuition loan is to have ideal repayment options and an understanding of different types of loans.

In order to access the Federal Application for Student Aid (FAFSA), you should visit their official website or download the myStudentAid mobile application.

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which one of the following phases best fits the productivity equation?
A. persons from varied backgrounds working together to try to do their job well
B. refusing to become annoyed when a coworker does something that makes you look bad
C. being part of a mutually satisfying relationship with a coworker
D. satisfied employees, with good supervision, achieving or surpassing their performance goals

Answers

D. because it has not only productivity but synergy

Which best describes an organism’s niche?

life span
habitat
environment
role

Answers

It’s role I believe so.
D) role, a niche is the role a species plays in the ecosystem

how many chapters are there in the Bible?​

Answers

there are 66 chapters in Bible

from the perspective of an employee, the effective channeling of work related information and concerns…

Answers

ANSWER - i believe the answer is D

A hotel has two types of rooms: superior rooms that cost $100 per night and basic rooms that cost $80 per night. On a given night, the hotel received $4,200 from renting 46 rooms. How many superior rooms were rented on that night?
A) 20
B) 21
C) 26
D) 30​

Answers

Answer:

C) 26

Explanation:

26x100=2,600

4,200-2,600=1,600

1,600/80=20

26 superior rooms and 20 basic rooms

In order to buy a house, a couple takes a mortgage of M dollars at an annuel rate of r percent to be paid off over N months

Answers

Answer: Hey I'm sorry I didn't get to answer your question it's just that I need the points because I don't have enough to get help with my question. I hope you get the answer that you need for you question. Good Luck :)

Explanation:

Depth perception is not important in determining proper following distance.

A. True
B. False

Answers

The answer to this is false

Depth perception is not important in determining proper following distance is the false statement.

What is lack of depth perception?

The brain is able to integrate both images into a single 3-D image in a process called stereopsis. With the help of this information, it is possible to calculate both the distance between the items and their distance from one another.

Thus, the statement is not true.

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Adam can clean a room in 3 hours. If his sister Maria helps, they can clean it in 2 2/5 hours. How long will it take Maria to do the job alone?

Answers

Adam can clean a room in 3 hours. If his sister Maria helps, they can clean it in 225 hours. How long will it take Maria to do the job alone?
2 2 = 12 Together time, 2 2 , needs to be converted to fraction 555
Adan:3,Maria:x,Total: 5 Clearlystatetimesforeachandtotal,usingxforMaria 12
1+1= 5 Usingreciprocals,addtheindividualtimesgivestotal 3 x 12
1

1(12x) + 1(12x) = 5(12x) 3 x 12
4x+12=5x −4x −4x 12=x It takes Maria 12 hours
Multiply each term by LCD of 12x
Reduce each fraction
Move variables to one side, subtracting 4x Our solution for x



Answer is - 12 hours

What are examples of associates degrees

Answers

Associate of Arts (AA)
Associate of Arts in Teaching (AAT)
Associate of Business Administration (ABA)
Associate of Electrical Engineering Technology (AEET)

which of the following is true about office friendships?

Answers

Answer:

D. Office friendships lead to a workplace in which socializing rarely occurs.

How you spell red?
What color is a carrot?
If you dig a 6ft hole, how deep is that hole?



Answers

R-O-J-O

Purple, OG orange and pale boi

That’s a deep hole, but not deep enough for 2

The spelling of "red" is R-E-D.

The color of a carrot is typically orange

If you dig a 6ft hole, the depth of the hole would be 6 feet.

Spelling of "red":

"Red" is spelled as R-E-D, with the letters R, E, and D. It is a primary color often associated with objects or surfaces that reflect this specific wavelength of light.

Color of a carrot:

Carrots are commonly known for their orange color, which is the most common variety.

However, carrots can also come in other colors, such as purple, yellow, white, and red.

These variations are due to different pigments present in the carrots, such as beta-carotene (which gives the orange color) and anthocyanins (which provide purple and red hues).

Depth of a 6ft hole:

When you dig a hole that is 6 feet deep, it means the hole extends vertically downward from the surface to a depth of 6 feet.

It is a measurement of distance from the top of the hole to the bottom. This depth is significant when considering construction, landscaping, or other activities that involve digging or excavation.

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What type of relationship involves people who don’t share the same status?
A. parallel
B. horizontal
C. vertical
D. Circular

Answers

The correct option is (b) Vertical relationship.

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Which group represents external customers of an organization

Answers

The buyer of the company's products and services. :)


[tex] n - \sqrt{c + 5 = 1} [/tex]
in the equation above, C is a constant. If n= 5, what is the value of c?

Could you say how you got rid of the negative sign in front of the square root in the process plz

Answers

Answer:

c=11

Explanation:

[tex]n - \sqrt{c + 5} = 1[/tex]

[tex]5 - \sqrt{c + 5} = 1[/tex]

Add sqr root of c+5 to both sides

[tex]5 = 1 + \sqrt{c + 5} [/tex]

[tex]4 = \sqrt{c + 5} [/tex]

[tex]16 = c + 5[/tex]

[tex]c = 11[/tex]

Answer:

c is 11

Explanation:

[tex]n - \sqrt{c + 5 } = 1 \\ 5 - \sqrt{c + 5} = 1 \\ [/tex]

make -√c+5 the subject:

[tex] - \sqrt{c + 5} = 1 - 5 \\ - \sqrt{c + 5} = - 4[/tex]

divide through out by -1 :

[tex] \frac{ - \sqrt{c + 5} }{ - 1} = \frac{ - 4}{ - 1} \\ \\ \sqrt{c + 5} = 4[/tex]

square both sides;

[tex] {( \sqrt{c + 5} )}^{2} = {4}^{2} \\ c + 5 = 16 \\ c = 11[/tex]

Name two important body functions that are controlled by the brain without you having to think about them.

Answers

using your limbs ex: arms & legs, breathing

Answer:

Step 1:  Name two important body functions that are controlled by the brain

The first one that comes to my mind is movement.  Overall movement of your arms, legs, eyes and everything else that moves.  The second one that comes to mind is thought.  Everyone that has a brain has to think something using their brain.  Hope this helps!

you good bronbtihrwithirntibibrinibn bjnj

Answers

Answer:

hi

Explanation:

good night friend

have a good night

Identify what part of speech the underlined word in the sentence is:
Yesterday, Javier purchased a new baseball bat and quickly ran to the park to practice with it.
noun
O verb
O adjective
adverb

Answers

Answer:

Which one is the underlined word?

Explanation:

I couldn't see the underlined word. Please rewrite the question in order for me to help you. (Tip: use Ctrl+U to write an underlined word.)

Should banks have to hold 100% of their deposits? Why or why not?

HELP ASAP PLEASE

Answers

Answer:

100 percent for the charge

How agriculture industry can provide job opportunities

Answers

Answer:

agriculture industry is also related with business in that if the business is huge or small it is considered as the business so, in a person doing business provides job opportunities to all people .yes, agriculture industry provides job opportunities such as farm worker, manager

purchasing agent ,grower, agriculture specialist,sale representative etc.

For question 1-5, choose the school tool on your home page that is identified below.
a. WebMail
b. honor code
c. Virtual Library
d. school directory
e. message board

1. contains student and Learning Coach information
2. guidelines for completing and submitting work
3 your school e-mail system
4, the location of your school handbooks
5, a forum to discuss course ideas

Answers

a. Web mail - 3. Your school email system

b. honor code - 4. the location of your school handbooks.

c. Virtual library - 5. a forum to discuss course ideas.

d. School directory - 1. Contains student and learning coach information

e. message board - 2. guidelines for completing and submitting work

There can be various school tools which will help manage information of the school system.

Web mail will contain all the school emails, correspondence with the parents and students.

Honor code will have the location of school handbooks.

Virtual library is an online discussion forum where students can exchange their course ideas with each other.

School directory contains contact information of all the students.

Message board will display necessary and important information which is for every student. There can be rules and guidelines posted there so that every student reads it and abide by them.

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6X54 X 30 329 Зач 6 3 30 Sч Я 9

Answers

Answer:

8,188,830 43a

8,188,830

hey 1988 + 2 = ??????​

Answers

Answer:

1988+2

=1988+1=1989

=1989+1=1990

1988+2=1990✔

Answer:

1990

Explanation:

I don't know why you couldn't do this on your own. It's simple math, but oh well. I hope this helps dude.

A tutor should be able to work around a. Your house c. Your teacher’s schedule b. Your schedule d. All of these Please select the best answer from the choices provided A B C D

Answers

Answer:

I mean… probably d: all of the above

Explanation:

Answer:

Explanation:d

làm thế nào để xác định mình đã thích 1 người

Answers

câu này k có ai giải được trừ người đặt câu hỏi

Lee el fragmento del poema de Ricardo Miró.
Ilustra el texto.​

Answers

Answer:

Muestre el texto primero. Pero te seguiré dando ejemplos:

Explanation:

MY COUNTRY

(english)

Such a small country, spread on an isthmus

where the sky is clearer, the sun brighter;

all your music echoes within me, like the sea

in the small cell of the conch.

Yet again, there are times I feel dread

when I don’t see the way back to you…

Perhaps I’d never have known such love,

if destiny hadn’t carried me over the sea.

______________________________________

(Español)

Un país tan pequeño, extendido en un istmo

donde el cielo es más claro, el sol más brillante;

toda tu musica resuena dentro de mi, como el mar

en la pequeña celda del caracol.

Una vez más, hay momentos en los que siento pavor

cuando no veo el camino de regreso a ti ...

Quizás nunca hubiera conocido tal amor

si el destino no me hubiera llevado sobre el mar.

_____________________________________

"like the sea in the small cell of the conch."

("como el mar en la pequeña celda de la concha".)

En este párrafo, se ha hecho una analogía.

[tex]-2xy^2(x^3y-2x^2y^2+5xy^3[/tex]

Answers

[tex]\boxed{\sf a(b+c+d)=ab+ac+ad}[/tex]

[tex]\\ \sf\longmapsto -2xy^2(x^3y-2x^2y^2+5xy^3)[/tex]

[tex]\\ \sf\longmapsto -2x^4y^3+4x^3y^4-10x^2y^5[/tex]

Hope it helps

Which of the following resources are abundant in the United States and Canada?
O mineral deposits
O water supplies
Ofertile soils
all of the above

Answers

Explanation:

mineral deposits are abundant in United States and Canada

Are you able to handle rude people/trollers in the community? (Explain)

Answers

Answer:

However, it's often difficult to maintain your own manners when someone else is disrespectful.

While it would be nice to avoid them altogether, it's impossible in some situations. So you need to figure out a strategy of how to behave around them. There are quite a few different ways to handle these people.

Explanation:

1 stay calm

2 be direct

3 use humor

4 be polite

5 have a civilized conversation

6 don't over think the situation

Yes, just don’t be a snowflake and know that you are obviously more intelligent than them.
Other Questions
Please help!!!!Oak wilt is a fungal disease that infects oak trees. Scientists have discovered that a single tree in a small forest is infected with oak wilt. They determined that they can use this exponential model to predict the number of trees in the forest that will be infected after t years.f(t) = e^0.4t1. The scientists believe the forest will be seriously damaged when 21 or more of the forests 200 oak trees are infected by oat wilt. According to their model, how many years will it take for 21 of the trees to become infected?Type the correct answer in the box. Use numerals instead of words. Round your answer to the nearest tenth.2. Rewrite the exponential model as a logarithmic model that calculates the number of years g (x) for the number of infected trees to reach a value of x. Which graph represents a line with a slope of -2/3 and a y-intercept equal to that of the line y=2/3x - 2 if excess nitrogen gas reacts with 600 cm of hydrogen gas at room conditions , calculate the maximum volume of ammonia produced from the reaction? the chemical question is N2 + 3H2 = 2NH3 things that people fell for but not acually true Which positions did Britains prime minister support at the Paris Peace Conference? Check all that apply. indicate whether the following statements are true or false:1. Should the parents feel unvalued, they may ask the principal how best the can assist the school.2. The school assessment programme can only be in a constructive way, if educators collect, record and report on specified assessment activities.3. Parental involvement is a combination of supporting student academic achievement and participating in community-initiated functions.4. Monitoring of children and taking part in the school trips may be ways in which the school appreciate the involvement of parents.5. The UBUNTU philosophy can be used where assessment focuses on human qualities and character, than on the stated outcomes. A line contains the points R (-1, 8) S (1, 4) and T (6, y). Solve for y. Be sure to show and explain all work. Given sin==V23 and tan ofind cos 0.2311 )12?COS 0 =TO Complete the statements for the graph of f(x)=|x|.The domain of the function is______________The range of the function is______________The graph is ____ over the interval (0,)The graph is ____ over the interval (,0) give an example of working capital Which point is a solution to y equal greater than or less too 4x + 5? Can someone help me out please If anybody has 8 litres full of oil and there are two 5 and 3 litres empty jerry can where as there is no another jerry can out of those. How we can divide the oil in 4 and 4 in jerry can? Your community might have some social problems and evils. Make a list of them along with its cause and solutions. IT NOT HISTORY BUT IT INDIVIDUAL AND SOCIETY (I.S) HELP?h?e?l?pppppppppppppppppppppp A company has free cash flow of $700 and cash flow to shareholders of $200. Interest expense for the year was $400. a.) What must be the net new borrowing, as reflected by the change in long-term debt mt vt m=1kg c ng lng bng 10kg.m/s. ng nng ca vt l Jerry tosses a coin 17 times and makes one step forward with each toss. However, he makes three more steps forward if he gets heads. If he made 62 steps forward, how many heads did he get? The layer of soil that contains the most organic material is called thea. AC Cb. Bd D In the plot of "Cruel Tribute, which events are a result of King Minoss actions? Select 3 options.Athens agrees to pay the tribute.Young people participate in a lottery.Theseus uses the silken thread.Theseus fights the Minotaur.Aegeus drowns in the Aegean Sea.Theseus becomes king.