What is the opportunity cost in this scenario? Gretchen earned $500 from her summer job. She made a list of things that she wants to do with the money she earned. She thought of spending $100 to buy a guitar amplifier, enrolling in a ballet class for $200, buying new clothes worth $100, and giving her mom a silver necklace worth $100. When she went to buy the amplifier, she found it cost around $150. She knew that she couldn’t change the fee for the dance classes. So she had to adjust the budget for her clothes or her mom’s gift. In the end, she decided she would buy one pair of jeans instead of the two pairs of jeans she had planned. NextReset

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Answer 1
well Opportunity cost is the loss of potential gain from other alternatives when one alternative is chosen.

so...

So she had to adjust the budget for her clothes or her mom’s gift. In the end, she decided she would buy one pair of jeans instead of the two pairs of jeans she had planned.

is most likely your answer.

hope this helped have an amazing day.
Answer 2
Final answer:

The opportunity cost in Gretchen's scenario is the pair of jeans she gave up to buy a more expensive guitar amplifier than originally planned.

Explanation:Opportunity Cost Explained

In economics, opportunity cost refers to the loss of potential gain from other alternatives when one decision is made. It's essentially what you must give up to get what you want. In Gretchen's case, the opportunity cost comes when she decides to spend more money on the amplifier than originally budgeted, which means she can't buy something else she had planned on.

Originally, she was going to buy two pairs of jeans, but the extra cost of the amplifier made her decide to purchase only one pair instead. So, the opportunity cost in this scenario is the pair of jeans she did not buy because she chose to purchase the more expensive amplifier.

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Related Questions

The fact that a majority of elderly persons have excellent long-term memories for events that happened when they were young tends to cast doubt on which explanation of forgetting?

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The reason that casts a doubt in regards of the explanation of forgetting with the given thought above is because of disuse. When they disuse their cognitive function in which is responsible of having to engage or store knowledge, this will likely cause elderly people to forget.

The _______ regards it as a federal crime to enter a social networking site in violation of the terms of service.

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The correct answer is the Department of Justice.
According to the Department of Justice, it is illegal to enter a social networking site because it is considered to be a violation of terms of service. Based on this, it is deemed to be a federal crime and the individual/company will be prosecuted. 

The presence of a mutualist might allow what to happen in terms of population dynamics?

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the answer to this question is The species could surpass its carrying capacity
In societal context, mutualist refers to the people who advocates a society where people could individually owned means of production for either individual or collective purpose. This activities often lead to society collecting more resources than we're actually need

Janua and her husband go to a famous steak house for dinner one night. after dinner, janua beings to feel sick and spends most of the evening in the hotel room nauseous. the next weekend, the couple and their friends grill steaks in the backyard. again, janua beings to feel sick. ________ best explains janua's response.

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Final answer:

Janua's response to feeling sick after eating steak can be explained by the concept of taste aversion. This is a type of classical conditioning where a person can develop a strong dislike for food that has previously caused illness. This is a survival mechanism that trains us to avoid harmful foods.

Explanation:

The best explanation for Janua’s response in these scenarios is a psychological concept known as taste aversion. Taste aversion is a form of conditioning where one develops a strong resistance or aversion to a food that has previously caused illness. In this case, because Janua has felt sick after consuming steak twice, she has now associated eating steak with the nausea she experienced and thus developed an aversion to it.

Taste aversions take manifestation by a phenomenon known as the Garcia effect, named after psychologist John Garcia. The unique aspect of taste aversion is that, unlike other types of conditioning, it can develop even if several hours have passed between consuming the food (the conditioned stimulus) and becoming ill (the unconditioned stimulus). It is often a survival mechanism, as it conditions us to avoid foods that may have been harmful. This type of response is an example of classical conditioning.

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Janice feels uncomfortable working late hours in office every day. she decides to discuss the matter with her boss, merwyn. being a recent hire, she is hesitant and nervous to complain so early in her tenure. as she begins to speak, merwyn notices anxiety and discomfort in her facial expression and body language. using reflective listening, in response to janice's concerns, merwyn should first:

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He should do all he can to make sure he verbalizes that he understands Janice's displeasure at her situation. He should try to do all he can to put her at ease and allay her concerns that she's being overbearing or pushy so early in her career at the company.

In the united states, ____ percent of the adults ages 20 and over are obese.

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Increasing weight over time. ..... More than _____ percent of U.S. adults age 20 and older are overweight(have a BMI greater .... About ____ percent of all deaths in the United States were attributable to diseases of the heart and blood vessels.

How does larcom's memoir help us to understand some of the effects of the market revolution on the lives of ordinary americans?

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Final answer:

Using Larcom's memoir as a reference, we understand the profound changes the market revolution brought to ordinary Americans' lives. While it provided work opportunities and improved living standards for some, it also exposed a socio-economic paradox where the industrial order profited the wealthy at the expense of workers.

Explanation:

Larcom's memoir provides valuable insights into the effects of the market revolution on ordinary Americans. She illustrates how industrialization led to profound changes in American life, facilitating the development of new industrial towns and offering work opportunities, particularly for young women. Many enjoyed newfound freedoms and gained increased appreciation of the value of their work. However, alongside these developments, the wage labor also raised issues about the basic fairness of the new industrial order.

This memoir similarly reflects on the broader socio-economic shifts, including increased production for nationwide and international markets and the burgeoning industrial and commercial sector in the Northeast. But the growth of the American economy presented a paradox. While standards of living rose for many, working conditions in factories and at home remained unsatisfactory for the multitude in the working class. The troubles experienced by these workers led to questioning of the industrial order where wealthy Americans profited at the expense of laborers.

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Ana runs a​ "tight ship" in her department. she expects her subordinates to follow procedures and rules and is​ hands-on in making sure that departmental goals are met. this demonstrates​ _______ behavior.

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This is a task-focused behavior. The tasks at hand are the most important to this type of manager, with the welfare of the employees coming second. Making sure that the business stays on-track and the goals are achieved is of utmost importance.

A survey is ________ if it produces identical results when repeated. a survey is ________ if it measures what it's intended to measure. select one:
a. reliable; utile
b. valid; reliable v. valid; intentional
d. reliable; valid

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A survey would be reliable if it had the same results, because then it would have been proven time and time again that it is credible. It is valid when it measures to what it intends to measure, because if it didn't, how would it be valid? In order for it to be valid, it has to make sense and measure what it intends to measure. The answer is D: reliable; valid. 

What conclusion about education in Asia could be made using the information given? Education Spending by Country (% of Gross Domestic Product) South Korea: 4.2% Japan: 3.6% China: 2.5% Indonesia: 1.2% -Source: United Nations Development Programme Question 13 options: Japan values education less than China South Korean education probably receives more funding than education in China People in Indonesia spend more time reading than working China spends more money on military than education Save

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The answer is, South Korean education probably receives more funding than education in China.

Answer:

The answer is, South Korean education probably receives more funding than education in China.

Explanation:

_____ is the most widely used depressant in the united states.

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Alcohol is the most widely used depressant in the United States.It is the most widely consumed drug not just in the United States but worldwide. It is similar to drugs more commonly considered depressants, such as valium. Like valium, alcohol acts on the GABA receptor in the brain.

what year did the Egyptian empire began to weaken

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Wars at the end of the Egyptian empire. While the devastating civil war significantly influenced the health of the Egyptian state, other military conflicts further weakened the empire and eventually led to its total collapse. In approximately 671 BC the nearby Assyrians invaded Egypt and reigned until about 627 BC.
1785 BC. (When the Pharaohs' power weakened in the Known World) It died in 30 BC.

The Bradley effect occurs when people
A) say they will vote for a candidate based on the candidate's name.
B) say they will vote against a candidate because of the candidate's race.
C) say they will vote for a candidate but then vote against him or her.
D) say they will vote in the next election but instead stay home.

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Answer: B) say they will vote against a candidate because of the candidate's race.

Explanation: Bradley effect is the effect that causes lack in compatibility of the election results and the opinion poll of voters in accordance with the white candidates whose standing against the minor or non-white candidate .This is also known as Wilder effect which arises due to the race of candidate.

Other option are incorrect because name, gender or staying at home are not the parameters that are considered in the theory of the Bradley effect .Thus, the correct option is option(B).

Which reason best explains why the British took control of New Amsterdam?

A. They wanted the wealth that came from trade.
B. They feared conflict with the Dutch over trade routes.
C. They wanted to expand their religious influence in America.
D. They wanted Peter Stuyvesant to remain as governor.

Answers

They wanted the wealth that came from trade.
Final answer:

The British seized control of New Amsterdam to exploit the wealth generated from its strategic trading position at the mouth of the Hudson River.

Explanation:

The British took control of New Amsterdam primarily because of reason A. They wanted the wealth that came from trade. New Amsterdam was a prosperous trading port, strategically located at the mouth of the Hudson River. This position provided access to fur trade from the interior regions and beneficial connections to the Atlantic sea routes. The British, realizing the potential wealth, decided to take over the Dutch colony to exploit these advantages for their own benefit. None of the other reasons listed would justify the significant effort required for such an action: no major conflict with the Dutch was imminent, the British state and religion were already significantly established in the Americas, and Peter Stuyvesant was indeed removed as governor upon British takeover.

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Jordan's parents place few demands on her behavior. they are not warm or responsive to her needs. jordan's parents would be classified as

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Final answer:

Jordan's parents are practicing an uninvolved style of parenting, recognizable by their lack of demands and responsiveness, leading to potential emotional and academic difficulties for the child.

Explanation:

Jordan's parents would be classified as employing an uninvolved style of parenting. This approach is characterized by a lack of responsiveness to the child's needs and a minimal amount of demands placed on them. The uninvolved style can be a result of several factors like severe depression, substance abuse, or an extreme focus on work that cause the parents to be indifferent. Children raised by uninvolved parents typically demonstrate emotional withdrawal, fearfulness, anxiety, and they are at an increased risk of poor academic performance and substance abuse.

What is social structure? what are two of the building blocks that help make up social structure?

Answers

Social structure refers to the idea of how society and the inherent interactions are established and develop, and includes all components of social institutions and others. Two foremost building blocks of social structure include that of social roles, and status.

The older americans act provides home-delivered meals for those who
a. are malnourished.
b. prefer not to leave home.
c. are ill or disabled.
d. cannot afford food.

Answers

the answer to this question is C.are ill or disabled
The older Americans act was established in 1965. The main purpose of this act is to prevent any form of elderly abuse that is really common to be found during that period.
Not only food, the older americans act also help the elderly to find jobs even if they're surpassing pesion age (under special circumtances)

All are core qualities involved in older children's friendships except:

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except discredition. 
Children actually alredy formed a pretty complex mindset by the time they enter 2nd/3rd grades.
Within their social group, we could start to see the reflection of what adult social group look like, ranging from how they communicate with ona another, hierarchial structure, etc.

Describe how decisions made in Brazil’s past have affected the country’s present population.

Answers

Mostly environmental issues are affecting the population including deforestation in the Amazon basin, illegal wildlife trade, and other reasons

Answer:

 

Brazil is bloated and overly centralized has been crushed the economic freedom of the decades. Now there is less barrier for a foreigner to established their business here. Brazil is the 5th last country whose population is around 200 million that is dominated by the amazon river and there is also amazon forest. The public is corrupted there so has been led to political chaos. The corruption scandal has been undermining the trust of both public and private institution and that contributed the country into the 17th point of discrepancy international level.

Rick thought he smelled smoke for a second. He looked at others in the office and at the supervisor. No one seemed concerned, so Rick continued with his work along with his other coworkers. This is MOST LIKELY an example of _____.

Answers

t That whole class was Being  D.U.M.B

Answer:

The correct answer is:  Informational Social Influence.

Explanation:

Informational Social Influence is a psychological phenomenon where people assume the reaction of others reflects the proper behavior in front of a given situation. The phenomenon is more frequent when people are unable to determine what the correct behavior is for that case.

Children who form successful friendships do better behaviorally and academically than those who do not.

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I believe this statement is true.
Children who have successful friendships tend to be generally happier in their lives, which means that there is no reason for them to cause any problems or troubles and exhibit disruptive behavior. Likewise, they tend to be better at school and more successful in life in general.

A psychologist knows that his client wants to be admitted into the psychiatric ward of the hospital. which problem should the psychologist be concerned with?

Answers

The problem that the psychologist that she or he should be concerned with is whether the individual is suitable to that kind of environment and the level of mental illness that the individual has in which asks whether he or she is even required of having to be admitted to the psychiatric ward.

Over the years of middle childhood, children who recognize prejudice and react by affirming _____ in their gender and background are likely to develop healthy self-esteem.

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The answer is Pride.
It is important for the children to learn that their gender should not be a hindrance for their achievement in the future from the early age.
With this, children will learn logically about the strength and weakness of each of their gender and utilize it to their own benefit, which will lead to the high-self value of themselves.
Hey Karli

The correct answer is "Pride"

Regarding erikson's conclusions about the identity development in adolescence, psychological research has shown that

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Regarding Erikson's conclusions about the identity development in adolescence, psychological research has shown that personal identity starts to take shape in adolescence, but it keeps evolving throughout the life time of a person.

Which formation is the result of wind erosion?
1.mud slide
2.glacial erratics
3.unusually shaped rocks
4.


U-shaped valleys


Answers

Answer:

i hope this helps =}

Explanation:

Social behavior between animals where the actor benefits at the expense of the recipient is called ________.

Answers

This is called, selfishness

A _____ is a type of personality test that involves gathering a subject's responses to specific questions and comparing those responses to standardized norms collected from large groups of people

Answers

The type of personality test that is being described above is self report inventory, this is a test in which the individual that has given with the test are being compared together with other respondents who has also took the same test as him or her.

The doggedly persistent drive that is often necessary for successful accomplishments is known as:

Answers

Grit is known as the doggedly persistent drive that is often necessary for successful accomplishments The definition of grit firmness of mind or spirit :unyielding courage in the face of hardship or danger managed to survive by his grit and guile.

As many as _______% of females who contract gonorrhea are asymptomatic.

Answers

As many as 50% of females who contract gonorrhea are asymptomatic. In addition to human sexuality, the extra genital difficulty of gonorrhea recognized as gonococcal endocarditis arises in the heart. The human papillomavirus is a determined sexually transmitted disease with the group of viruses related with the growth of cervical cancer and or genital warts.

Which weapon played a major role in the defeat of the Inca by the Spanish?

A) artillery
B) machine guns
C) tanks
D) landmines

Answers

Answer: Artillery

Explanation:

I took a test and got the answer right.

Final answer:

The Spanish defeat of the Incas was largely attributed to their use of advanced artillery, which outmatched the Inca military technology. The Incas were not prepared for the Spanish steel weapons and cannons, and these played a decisive role in the conquest.

Explanation:

The major weapon that played a role in the Spanish defeat of the Incas was artillery. The Inca military technology was more primitive, and they were accustomed to lightweight armor and using projectiles like slings and boulders. In contrast, the Spanish brought advanced military technology like steel weapons, gunpowder, and cannons. This technological advantage allowed them to overpower the larger Inca forces despite being numerically inferior.

The conquest of the Incas wasn't solely due to weaponry; factors such as the spread of diseases, which the native population had no immunity against, as well as political divisions within the Inca Empire, helped the Spanish conquerors. However, the superior firepower of Spanish artillery was a decisive element in the battles, leaving the Incas unable to mount an effective resistance against the invaders, particularly in open battle where the Spanish could effectively deploy their cannons.

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