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1 year ago

Can someone Plss help with this I’m not sure if that the right answer

Business

1 answer:

Step2247 [10]1 year ago

5 0

Based on the fact that you gave up the beach to study for the economics final, the opportunity cost is d. the sun and fun you gave up by studying.

<h3>What is the opportunity cost of studying?</h3>

The opportunity cost is what we give up in order to pursue our current course of action.

You gave up going to the beach and having fun in the sun so this is the opportunity cost of studying for economics.

Find out more on opportunity cost at brainly.com/question/481029.

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The abrupt end of long distance cattle drives in 1885 was primarily due toa. the development of railroad cars that could haul ca

vladimir1956 [14]

Answer:

a. the development of railroad cars that could haul cattle.

Explanation:

The abrupt end of long distance cattle drives in 1885 was primarily due to the development of railroad cars that could haul cattle.

It was the advent of expanding rail road lines that terminated the cattle drive through Kansas because the end points of the cattle trail shifted to meet expanding railroad lines.

It was logical that as the railroads expanded to meet the cattle drive, one had to give way to the other because cattle do stray and trains could haul cattle

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2 years ago

In the labor market, what causes a movement along the demand curve? What causes a shift in the demand curve?

sladkih [1.3K]

Answer and Explanation:

Movement along the demand curve in the labor market occurs when there is any change in wages of labor. An increase in wage rate will lead to decrease in quantity of labor demanded. As a result, demand curve will move upwards and vice versa.

Reasons other that increase or decrease in price such as demand for the respective product, will lead to shift in demand curve. For example, an increase in the demand for a particular good will increase the demand for labor that will produce the product. An increase in demand for labor in this case will shift the demand curve rightwards and vice versa.

4 0

2 years ago

In our aggregate expenditure model we assume that:

maria [59]

Answer:

The correct answer is regarding the model, is that an individual firms prices are flexible but the level of the price is fixed.

Explanation:

The aggregate expenditure model is the model in which the sum or total of all the expenditures are undertaken in the economy with the factors during the particular time period.

The equation is:

AE = C (Consumption) + I (Investment) + G (Government) + NX (Net Exports)

In this model, it is assumed that the prices of the individual firm are flexible whereas the price level is fixed.

7 0

2 years ago

Use the following information to determine the ending cash balance to be reported on the month ended June 30 cash budget.

sweet-ann [11.9K]

Answer:

D. $53,000.

Explanation:

The computation of the ending cash balance is shown below:

Beginning cash balance $95,000

Add: Receipts

Cash sales $418,000

Total cash receipts (a) $513,000

Deduct: Payments:

Cash payment for purchases -$273,000

Cash payment for salaries -$96,000

Other cash expenses -$58,000

Repayment of bank loan -$33,000

Total cash payments (b) $460,000

Net receipts /( payments) (a) - (b) $53,000

6 0

1 year ago

Which of the following is correct concerning reactions to INCREASES in activity? Total Variable Cost Variable Cost Per Unit A) I

maxonik [38]

Answer:

Total Variable Cost, Variable Cost Per Unit

Explanation:

The increase of the activity is associated with the increase of the total variable costs and costs per the unit and is the sum of the variable cots of each individual product developed and is obtained by multiplying one unit of the variable cost to the products.

6 0

2 years ago