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Musya8 [376]
2 years ago
12

The scenarios each illustrate a principle of economics. classify each scenario according to the principle that best fits it. you

are currently in a labeling module. turn off browse mode or quick nav, tab to items, space or enter to pick up, tab to move, space or enter to drop. on black friday, there are huge sales for electronics at many retail stores. david must decide between buying a camera at one store or a flat screen tv at another store, and buying one means losing out on the ability to purchase the other. an educational software company wants to expand the number of economics questions that it offers and is considering hiring another economist. the company compares how much adding another worker will improve the product to the additional cost. ava finds that there is not enough time after work to have dinner, exercise, and watch tv, and she must make choices about how to use her limited time.
Business
1 answer:
storchak [24]2 years ago
8 0

David's decision on the electronics to purchase represents opportunity cost.

The decision to hire another economist is marginal analysis.

Ana's decision on how to use her time involves opportunity cost.

<h3>What is opportunity cost?</h3>

Opportunity cost of the next best option forgone when one alternative is chosen over other alternatives. When an economic agent chooses one option, he would not be able to choose another option.

<h3>What is marginal analysis?</h3>

Marginal analysis involves comparing the marginal cost or / and the marginal benefit of a decision.

To learn more about opportunity cost, please check: brainly.com/question/26315727

#SPJ1

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Suppose that the government of Ping's hears of the working conditions and the country seizes the Quality Dragon plant in which P
KATRIN_1 [288]

Answer:

The answer is: A) expropriation

Explanation:

Expropriation is the seizure of private property by a government entity or government agency for the purpose of public interest. Usually owners that lose property due to expropriations, receive some type of compensation for their loss. It also can refer to private property being taken away by another private entity with the authorization of a government entity or agency. A common example of expropriation is land being taken away for building roads or dams.

In this case the Quality Dragon plant was expropriated by a private entity who was authorized by the government and the owner was received a monetary compensation for his loss.

5 0
3 years ago
The Impulse Shopper recently paid an annual dividend of $1.13 per share. The company just announced that it is suspending all di
vivado [14]

Answer:

Stock value today = $1.21

Explanation:

Current Dividend = D{_0} = $1.13

After 5 years that is D{_6} = $0.50

Since expected growth = 0

Therefore

P{_5} = D{_6} / Ke = 0.5/18% = $2.77

Its present value will be \frac{1}{(1 + 0.18){^5}} X 2.77 = $1.21

Stock value today = $1.21

5 0
3 years ago
If tom were married and his spouse was not working for pay, what would his 2021 taxable income be?
Sergeeva-Olga [200]

If Tom were married and his spouse was not working for pay, his 2021 taxable income would be a maximum 15% rate (20% in the case of high income taxpayers. Read below about who an income tax payer.

<h3>Who is an income taxpayer?</h3>

A taxpayer is an individual or corporation who pay taxes annually on their earning as per the provisions of the Income Tax Act. Once you file income tax returns and disclose your earnings, it becomes legal.

Therefore, the correct answer is as given above

learn more about a taxpayer: brainly.com/question/14582132

#SPJ4

6 0
2 years ago
Which of the following statement is correct? A.A change in demand is a movement along the demand curse, and a change in the quan
Alex777 [14]

Answer:

The correct answer is option D.

Explanation:

A change in the quantity demanded is a movement along the same demand curve. It is caused because of a change in the price of the product while other factors affecting demand remain constant.

A change in demand is shown by a movement in the demand curve. This is caused by changes in other factors such as income, population, preferences, price of other goods, etc, while the price of the product remains constant.

5 0
3 years ago
Aaron is proud of the traits associated with his countrymen. They are generally perceived as adventurous with a pronounced incli
bonufazy [111]

Answer:e) uncertainty avoidance

Explanation:

Uncertainty Avoidance refers to how people of different cultures respond to changes or the unknown based on their level of tolerance.

People of different cultures respond or reacts differently when unplanned situations occurs.

Uncertainty Avoidance relates to the level to which individuals of a particular community are comfortable with uncertainty and the unknown.

People who belong to cultures with high uncertainty avoidance try to reduce the occurrence of unknown circumstances and to proceed with careful changes step by step by planning and by implementing rules and regulations. They have very low tolerance for change WHILE people who belong to low uncertainty avoidance culture accept and feel comfortable in unplanned situations and try to have as few rules as possible. They have high tolerance for change.

6 0
3 years ago
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