Answer:
d. pollution should be eliminated as long as the benefit from a cleanup exceeds the opportunity cost.
Explanation:
Opportunity cost is defined as the forgone cost of doing a particular activity. If you were not undertaking this activity what would you have gained by doing something else?
In this case as long as the benefit from cleaning up the pollution is greater than the opportunity cost (pollution) it should be undertaken.
Im so sure but I can help you later just give me a few minutes
Answer:
my place of work is a business
Answer:
QC
Explanation:
US dollar used to be backed by gold but this is not the case anymore. US dollar being as a flat currency is backed by governemnt through federal reserve.
Answer:
B) opportunity costs.
Explanation:
Opportunity cost is the fortified benefits when a choice is made. It is the sacrificed option from a variety of possible choices. The value of opportunity cost is expressed as the cost of the next best alternative.
According to the economist, Joe made a loss because his opportunity cost would have yielded a better return. In evaluating the viability of a project, economists always consider the returns from the next best alternative. Joe would have made a profit if the returns from the sales of gold were higher than the 3 percent from a certificate of deposit. Because Joe opted for the gold, he missed the chance to earn from the certificate of deposit. In economics, he made a loss.
