<span>Given-
12 questions per person,
300 people
There two thing given in question fixed and variables cost-
Fixed cost is= $ 500
Variable cost is-
$3 per question= $ 3 *12 *300=$10800,
$1.25 per person surveyed= $1.25 * 300=$375,
Total cost will be= $500+$10800+$375=$11675.</span>
Answer:
The correct answer is c. is based on simplifying assumptions, but is still useful for illustrating scarcity, opportunity cost, and economic growth.
Explanation:
The production possibilities frontier (FPP) is a graphic representation of the maximum quantities of production that an economy can obtain in a given period using all the resources it has available.
In an economy that has thousands of products, the alternatives to produce one good or another and how much of each are very large. When an alternative is chosen, it means that other possibilities are being renounced. The relationship between what we choose and what we give up is the opportunity cost.
Answer:
In my opinion the most suitable answer is E. increase his sources of income to show a rise in his income after taxes
Explanation:
The reason is he could lower his expenses too, but for how long? Inflation is going to eat his salary away anyway possibly in 5 to 10 years so what Daventry ustock do is to create another source of income so that he is safe. Possibly through investing in income generating assets, real estate and possibly a side hustle! (A small time business)
-dress nicely
-be prepared
-empathize
Where are your options? Anyway, I hope this helps!!! :)
