Kitchen Fact: Cooked food stored in the refrigerator should be eaten in 3 to 4 days. After food is cooked, it should sit out at room temperature no more than two hours before being refrigerated to slow down bacteria growth. But once stored in the fridge, leftovers should be eaten up within three to four days because bacteria can still grow even at refrigerator temperatures. To help you remember how long something has been in the fridge, we recommend labeling it with the date it was cooked to help you keep track!
Opportunity cost is always measured by how much you give up of the next best alternative to get what you want. Opportunity Costs and Production Possibilities The production possibility curve illustrates the principle of opportunity cost for an entire economy.
opportunity costs are the alternative returns foregone by using the chosen inputs as a result you can have a significant accounting profit with little to no economic profit for example say you invest $ 100000 to start a business and in that year you earn $ 120000 in profitsyour accounting profit would be $ 20000 however say that same year you could have earned an income of $ 45000 had you been employed therefore you have an economic loss of $ 25000 120000 100000 45000or example say you invest $ 100000 to start a business and in that year you earn $ 120000 in profits your accounting profit would be $ 20000 however say that same year you could have earned an income of $ 45000 had you been employed