Select the correct text in the passage, What is the opportunity cost in this scenario?
Mikael has saved $4,000 for his trip to Brazil. He has calculated that his total transportation expenses will be $1,000. The hotel will cost him
another $1,500. He will spend about $500 on food. He plans on spending the remaining $1,000 for sightseeing and buying souvenirs.
While booking his plane ticket
, he realizes that the price has gone up. His total transportation expenses will go up by $200. He realizes that he
cannot cancel his hotel reservation. He also doesn't want to go cheap on food. Finally, he decides to give up visiting the popular Ouro Preto
during his stay in Brazil
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Ascientist studied a population of workers to determine whether verbal praise and/or tangible rewards affect employee productivity. in the study, some workers were offered verbal praise, some were offered tangible rewards (gift cards, presents, and some were offered neither. the productivity of each participant was measured throughout the study by recording the number of daily tasks completed by each employee. which inference might the scientists make based on the given information? a.) the number of daily tasks completed by each employee may influence the dependent variable, which is whether the employee receives verbal praise, tangible rewards, or neither. b.) verbal praise and/or tangible rewards may influence the independent variable, which is the number of daily tasks completed by each employee. c.) verbal praise and/or tangible rewards may influence the dependent variable, which is the number of daily tasks completed by each employee. d.) the dependent variables, which are verbal praise and tangible rewards, may influence the number of daily tasks completed by each employee.