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kati45 [8]
3 years ago
12

Which best describes an opportunity cost?

Business
2 answers:
12345 [234]3 years ago
4 0

Opportunity cost is giving up an opportunity to do something else when making an economic decision.

olya-2409 [2.1K]3 years ago
3 0

Opportunity cost is best described as below:

Giving up an opportunity to do something else when making an economic decision.

In simple words, when there are two or more options in front of a person while making a decision, and he takes one of them by keeping something in mind and leave the other ones, then he is losing the opportunity of having the other alternative. This losing cost is actually the Opportunity Cost. It is basically the loss of one option while choosing the other one.

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Home Appliances Co. wants to introduce a new digital display, laser driven iron to the market. The estimated unit sales price is
malfutka [58]

Answer:

<u>The target cost per iron= $83.25</u>

Explanation:

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Cost= Sales- Profit

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3 years ago
T/F Leaders are appointed by popular demand in formal groups.
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Answer:

F

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hoped this helped

3 0
3 years ago
When creating your résumé, you should _____. a. tailor it to the needs of the employer b. use industry and job related terms c.
Alja [10]

The principle to follow for forming a marketable resume stands D. all of the above.

<h3>What is a resume?</h3>

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To play a successful resume, one should:

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The principle to follow for forming a marketable resume stands D. all of the above.

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2 years ago
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Read 2 more answers
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