Answer:
opportunity cost is define as given below
Explanation:
- Opportunity cost can be defined as sacrifice for the individual, company or government. The opportunity cost of obtaining products or services is a forgiving option. For a person who aims to maximize his benefit from his limited available resources, he must allocate these limited resources to those who are most important. Opportunity Costing helps a person make good use of their scarce resources. .
- Opportunity cost is also important for a company because the company has to allocate its limited available raw materials to produce a certain product with high demand at the expense of other products that are less demanding.
Answer:
D) intangibility
Explanation:
in this case, the whitening service offered by the dentist has an intangible characteristic since there is no tangible product or service that their potential customers can see, touch, taste, hear or smell. The service offered is something that the potential customers must imagine, i.e. they have to imagine how they would look like if their teeth were whiter.
Answer:
Internal cost.
Explanation:
The gasoline that a person used for his car is an example of an internal cost.
Internal costs are considered as a private costs which were incurred by the firms for the production of goods. It includes labor, depreciation, rents and inputs. These are the costs which is directly borne by a firm or an individual.
It is the direct cost associated with the firms for the production of goods and services.
Where is the following examples?
There is no picture attached or no question written.
Please fix the questions so it can be answered properly.
Hope that helped
Answer: C. structured and unstructured decisions
Explanation:
In reality, most decisions fall between structured and unstructured decisions. It should be noted that for an unstructured decision, the decision maker had to give an evaluation and judgement into the definition of the problem.
Structured decisions are typically repetitive and therefore the decision makers can just use a particular procedure to handle them.
