ECONOMICS
TECHNOLOGY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The ____ of going to a football game instead of working would include the money not earned at your job.
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Opportunity cost
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Value
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Utility
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Services
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Explanation:
Detailed explanation-1: -the opportunity cost of going to a football game instead of working would include the money not earned at your job.
Detailed explanation-2: -Consumer services are intangible products or actions that are typically produced and consumed simultaneously. Common examples of consumer services are haircuts, auto repairs, and landscaping.
Detailed explanation-3: -Consumers are people who buy or use goods and services to satisfy their wants. When you eat your dinner, you will be a consumer.
Detailed explanation-4: -Goods are products and resources that satisfy people’s needs and wants.
There is 1 question to complete.