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Sedbober [7]
1 year ago
15

Cost is most plainly visible when spending more money on one thing means that less money can be spent on another thing. True or

false?.
Business
1 answer:
SSSSS [86.1K]1 year ago
6 0

The given statement about cost is a true statement as cost becomes most obvious when more money must be spent on one thing, leaving less available for another.

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

A cost is often the value of the money that was expended during the production or delivery of something or service and is now unavailable for use.

Manufacturing, research, retail, and accountancy all make use of this idea. In business transactions, the cost may be an acquisition cost, in which case the amount of money spent to acquire it is considered to be part of the cost.

Finally, cost becomes most apparent when more money spent on one thing leaves less money for another. This corresponds to a true statement.

As a result, opportunity cost describes a decision we must make in order to make another one.

You have $50, for instance, which you may spend on a date with your partner or on your preferred game. The inability to purchase the game is your opportunity cost if you decide to utilize that money to take your partner out on a date.

Check out the link below to learn more about costs;

brainly.com/question/28343978

#SPJ4

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Suzette's husband told her, "I admire your boldness, but I'm not sure that you should open that business. I've heard that entrep
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Answer:

Gamblers

Explanation:

Risk management can be defined as the process of identifying, evaluating, analyzing and controlling potential threats or risks present in a business as an obstacle to its capital, revenues and profits. This ultimately implies that, risk management involves prioritizing course of action or potential threats in order to mitigate the risk that are likely to arise from such business decisions.

In this scenario, Suzette's husband told her, "I admire your boldness, but I'm not sure that you should open that business. I've heard that entrepreneurs are gamblers." Suzette replied, "That's a common myth. In fact, entrepreneurs take very careful, calculated risks and are not afraid to act on those decisions."

Entrepreneurship is one of the factors of production and it is the intellectual capacity required to drive a business and the skills to develop an idea into a money making venture (business).

4 0
3 years ago
As Veronica Janneck and her friends prepare to graduate from college, they are faced with numerous job offers with starting sala
anastassius [24]

Answer:

The answer to this question is B. Peak

Explanation:

The peak stage of a business cycle is the stage where the economy is producing at is maximum rate and the rate of employment is higher. At the peak cycle, employment is at or above full employment, and inflationary pressures on prices are evident. A peak is the highest point of the business cycle, when the economy is producing at maximum allowable output,

3 0
3 years ago
XYZ Corporation's standards call for 1,000 direct labor-hours to produce 250 units of product. During October the company worked
larisa [96]

Answer:

Standard hours= 1,200 hours

Explanation:

Giving the following information:

XYZ Corporation's standards call for 1,000 direct labor-hours to produce 250 units of product.

During October the company worked produced 300 units.

<u>First, we need to calculate the standard hour per unit:</u>

Standard hour per unit= 1,000 / 250= 4 hours per unit

Now, the standard hours allowed for 300 units:

Standard hours= standard hour per unit*number of units

Standard hours= 4*300

Standard hours= 1,200 hours

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3 years ago
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kupik [55]

ram.asked me not to stand

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3 years ago
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Olivia was returning from her break when her boss saw her and stated, "I noticed your break was especially long this afternoon."
mamaluj [8]

The given change in Olivia’s work presentation happened because of Filtering

<u>Explanation: </u>

A communication barrier is something that stops us from accessing and interpreting communications that other people use to communicate their knowledge, thoughts, and ideas.

Filtering is a transmitter that handles information in this way the recipient would be included more favorably. The number of rates in an organization's framework is the main factor in determining of the filtering. Filtering also happens when the recipient of the message enables multiple persons to pass the information before reaching their final destination.

A Few examples of filtering have included a manager who leaves her boss, the vice-president, in the midst of the bad news, with the poor sales statistics from her division.

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