Tyrone has three options on how to spend his Saturday afternoon: to go out with friends, watch a movie, or wash his car. Tyrone's opportunity cost of

Explanation:

Opportunity cost represents the benefits when we choose one option over another. It is a major concept in economics and can get  get easily overlooked while making decisions, if you are not careful.

If you aware of the missed opportunities  you make better decisions while choosing one investment over another. It is not shown in financial reports but businessmen use this concept to make better decisions when they face the dilemma of choosing from multiple options.

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.

answerpublish a notice of the proposed rulemaking proceeding in the federal register;