Question

governor whitmer signed a bill giving 22.2 billion dollars to michigan k - 12 schools in 2022. this means there is less money in the budget to spend on road repair. road repair is the. opportunity cost walmart, meijer, and kroger are good examples of _____. choose this is a required question otto loves working for dominos. his favorite part is when he gets to take the pizza out of the 3240xlt conveyor belt oven. the oven is an example of _____.

Explanation:

1. For the first question, opportunity cost refers to the value of the next - best alternative forgone. Since money is allocated to K - 12 schools, the road repair (the alternative not chosen) represents the opportunity cost.
2. Walmart, Meijer, and Kroger are large - scale retailers that sell a wide variety of goods. They are examples of supermarkets or grocery stores.
3. The 3240XLT Conveyor Belt Oven used in Domino's is a piece of physical capital. Capital in a business context includes the tools, equipment, and machinery used in the production process.

Answer:

1. Opportunity Cost
2. Supermarkets
3. Capital