Friday, June 14, 2019
Opportunity cost direct and indirect cost.&marginal cost, average cost Assignment
Opportunity equal direct and indirect cost.&marginal cost, middling cost and sunk cost - Assignment physical exertionForegone opportunity cost is the cost of the discarded cost choice, the $50 work (McEachern 30).Q2. Last month, I was on a pondering mood. I had to inventory a sunk cost obstacle. A sunk cost is cost that had been previously used or paid, not recoverable (Mankiw 262). Gathering and analyzing the gym cost facts paid Last August 2012. The average activity cost was higher than the marginal cost. Marginal cost is higher than the basic cost. The cost is also know as incremental cost (Geetika384). I paid only $25 for one months unlimited use of the Gym. On the other hand, the average activity cost was $ 5 for each class. The average activity cost is the mean of all the relevant total activity costs (Taylor 214). Since I intercommunicate to attend 28 classes in one week, the total cost summed up to $ 140. Consequently, $140 is definitely higher than the $25
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