Helppppp!!!!



Select the correct answer from each drop-down menu.


The Northville School Board has proposed this budget for the upcoming school year:


20% for school staff’s salaries

50% for school maintenance and upkeep

10% to refurbish the gymnasium

5% to upgrade the computer lab hardware

10% for new instruments for the music department

5% for new sports equipment



After a brief discussion, the school board revised the budget as follows:


20% for school staff’s salaries

50% for school maintenance and upkeep

10% to refurbish the gymnasium

10% to upgrade the computer lab hardware

5% for new instruments for the music department

5% for new sports equipment



In this case, the opportunity cost for (refurbishing the gym, upgrading the computer lab, or getting new instruments.) was ( upgrading the new computer lab hardware, getting new equipment, or getting new instrument)

Respuesta :

Lets notice the changes in the budget. We see that 5% more was allocated to the computer lab hardware and 5% was reduced from buying musical instruments. The last budget is the final one; in this budget, the board decided that it was worth getting more hardware instead of musical instruments. By buying so much hardware, the lost some instruments. Opportunity cost refers to the choices we did not make because there was a better one. Hence, the opportunity cost for upgrading the computer lab was getting new instruments.

Answer:

upgrading and getting new instruments

Explanation:

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Q&A Education