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andrew11 [14]
3 years ago
11

A company bought a piece of land. It can use this resource to build a factory or to plant crops. The company can also hold onto

the land and try to resell it later for more money. The company decides to build a factory on the land. Any value given up from not choosing the other options is the _____. trade-off opportunity cost consequence
Business
1 answer:
Anvisha [2.4K]3 years ago
8 0

Answer:

Any value given up from not choosing the other options is the <u>opportunity cost</u>

Explanation:

The cost of opportunity is the alternative that you sacrifice when you choose an option.  

It represent the benefits that you misses out on when choosing one alternative over another.  

In this case, the cost of opportunity is to plant crops.  

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What are the implications of using criteria, such as baldrige, in assessing organizational culture needs? explain
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7 0
2 years ago
Finish the lyrics lol<br><br> "let it gooo, let it gooo_________________''
xxTIMURxx [149]

Answer:

XDD aint it like "can't hold it back anymore" XDD i think it is from frozen

Explanation:

^-^ have a nice day

5 0
3 years ago
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What is the drawback of carrying more inventory than is needed?
lbvjy [14]

Answer:

One of the most important disadvantages of excess inventory is the loss of revenue. Products depreciate over time and lose their initial value. So the longer you hold a product, the cheaper it gets.

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3 years ago
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The long-run supply curve for a product is horizontal with ATC = 200. Market demand is defined as P = 1,000 − 4 Q. The market is
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Answer:

65 firms will be in the industry at the new long run equilibrium

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the number of firms is 65 in the long run.

3 0
4 years ago
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