Economics please help all 3 true or false and with explain

Q: what is the potential opportunity cost of watching a lot tv show.

A: If a lot of television is watched, then it reduces the time available for other activities, for…

Q: Why does eveything we do have it's opportunity cost.

A: Scarcity refers to the limited amount of resources available to produce the goods and services…

Q: Suppose there are 6 roads connecting town A to town B and 4 roads connecting town B to town C. In…

A: Suppose the 6 roads between A and B as 1,2,3,4,5, and 6. Suppose the 4 roads between B and C as…

Q: Which of the following is a normative statement? a. Taking extra vitamin C prevents catching a cold.…

A: Taxes are the amount of money that is charged by the government of the country.

Q: what will be a good example a person participated in goods, labor, and financial markets.

A: Goods market is the one in which the goods and services are sold by the firms to the households.…

Q: A summary of The Four Factors of Production?

A: The four factors of production are land, labor, capital and entrepreneurship. These are the…

Q: eco

A: Correct option:  E. 100/6 Explanation: Question Analysis:Greta and Carlos have initial production…

Q: . What is the benefit of something measured by what you are willing to give up?

A: Measuring the things which are going to be given up will help to compare the decisions, the cost and…

Q: please help me out please Economic Systems Essay Compare and contrast the ways in which…

A: Traditional economies mainly depend on agriculture or certain other occupations. So what to…

Q: Can you give an specific example that includes two economic terms?

A: Economic terms refer to specific words and phrases that have specific meanings within the field of…

Q: What are the main 3 microeconomics principles?  How can each of the principles mentioned be applied…

A: Microeconomics is a part of economics that tries to predict about how individuals will respond in…

Q: How to apply circular economy for tennis ball?

A: Circular economy The term circular economy refers to the resource consumption model whereby the…

Q: T or F Everything we do has its opportunity cost. Why?

A: In economics, it is necessary to choose between several products because resources are limited in…

Q: Economics is the study of all of the following except: a. how the prices of goods and services…

A: Financial issues are an interesting and complex area to understand how the social order uses limited…

Q: Explain what does the author refers to when he says "People Face Trade-offs" - Try to do it in your…

A: The phrase 'People Face Trade-offs' is a fundamental concept in economics. It refers to the idea…

Q: What does a normative statement describe?    A. how the world will be in the future  B. how the…

A: A normative statement is an ideological, prescriptive, and judgmental statement. It sets a standard…

Q: The questions below deals with economics. Provide the answer to the statements below. It's only 3…

A: 1. An assembly line worker and a store clerk are examples of labor Labor is one of the most active…

Q: What items would you include to figure out the opportunity cost of a vacation to Disneyworld?

A: Ans. To figure out the opportunity cost of a vacation to Disneyworld : 1. Direct Costs:Travel costs:…