Example is attending College(Economic Cost=accounting cost + opportunity cost): The opportunity cost is the are the four years paycheck you can earn if you weren't in school. -The accounting cost is the tuition, books, housing, food,, and other miscellaneous things your owing now.he opportunity cost is the activity you give up. Economic cost is what it actually costs to make something. For example, if I am making cars, I have to pay for the steel, fabric, fittings, plus pay my workers and, perhaps, advertising, shipping, distribution, &c. These are economic costs.
Tough-guy journeyman actor George Kennedy dies at 91. LOS ANGELES â George Kennedy, the hulking, tough-guy character actor who won an Academy Award for his portrayal of a savage chain-gang convict in the 1960s classic Cool Hand Luke, has died. His grandson Cory Schenkel says Kennedy died on Sunday morning of old age in Boise, Idaho. He was 91.
Kennedy was the youngest man elected President; he was the youngest to die. Of Irish descent, he was born in Brookline, Massachusetts, on May 29, 1917. Graduating from Harvard in 1940, he entered the Navy. In 1943, when his PT boat was rammed and sunk by a Japanese destroyer, Kennedy, despite grave injuries, led the survivors through perilous waters to safety.