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serious [3.7K]
3 years ago
8

Page 576 14.3. Recent Changes in Capitalism This animation explores different reasons why people work long hours even when their

professional or financial situation would enable them to dial back. A key concept in this context is that of the opportunity cost of leisure. How is this concept best explained
Business
1 answer:
kondaur [170]3 years ago
6 0

Answer:

The summary including its perceived task is demonstrated in the following segment on the interpretation.

Explanation:

  • The further you pay, then you pass up to make a change from generating income. This would be called opportunity cost since taking a short break is losing the chance to go somewhere else (i.e. gain further extra cash).
  • This is much less the continuation of something like a withheld opportunity than that of the recovery on the alternative you picked.
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ABC, a U.S. company sends by fax an offer to sell to XYZ, a French company, 1,000,000 widgets for $1.00 a widget. XYZ sends back
galben [10]

Answer:

The correct option is B. False.

Further explanation is given below in the explanation section.

Explanation:

Offer From ABC Company to XYZ Company:

1,000,000 widgets to sell.

Selling Price of 1 widget = $1.00

Total Price = $1,000,000

Counter Offer from XYZ company to ABC Company.

Selling Price = $0.75

Total Price = 0.75 x 1,000,000 = $750,000

But in the end, ABC company sold its widgets to GHK company.

The correct option to this question is false.

This case is false because here ABC sends an original offer of $1 but XYZ sent a counter offer of $0.75. This counter offer was then duly rejected by ABC.

XYZ cannot again confirm and accept the original offer of ABC because they have already rejected your claim and thus XYZ have to wait until ABC make them another offer.

5 0
3 years ago
Slot machine is to vending machine as _____ reinforcement is to _____ reinforcement.
ioda

The answer is primary reinforcement as to secondary reinforcement. Primary reinforcers are biological. Principal examples are food, beverage, and desire. But, most human reinforcers are secondary, or conditioned. Examples comprise money, grades in schools, and tokens. Secondary reinforcers acquire their power through a history of link with primary reinforcers or other secondary reinforcers. For instance, if I said to you that dollars were no longer accepted to be used as cash, then dollars would miss their control as a secondary reinforcer.

7 0
3 years ago
Help please economic government matching card game there are 10 matches
kobusy [5.1K]

A theocracy is the rule of a religious authority. Think theology, or theologian.


A monarchy is rule via heredity, such as in a kingship. Monarchies often go hand in hand with religion, such as the case of the Shah of Iran, the Pharaohs of Egypt, as well as kings and queens virtually everywhere throughout all time.


A democracy is rule of the people, although I would not choose to phrase it that way.


Voluntary exchange between buyer and seller would be capitalism.


A dictatorship is authoritarian.


Collective ownership is communism.


I can't read what's on the left, but you can use process of elimination.

6 0
3 years ago
Which of the statements below is FALSE? Most companies have the resident expertise to complete an initial public offering (IPO)
juin [17]

Answer:

Most companies have the resident expertise to complete an initial public offering (IPO) or first public equity issue.

Explanation:

When businesses need funding of their operations and growth they often exchange equity for funding from the public. For example when the retained earnings of a firm is not sufficient for its growth plans it can look to public funding through sale of shares.

An initial public offering (IPO) is done when a company gives out part of its ownership (equity) to the public in order to get funding.

Since IPOs occur only once in the lifetime of a company, most companies do not have a resident expert to complete an initial public offering (IPO) or first public equity issue.

Rather they employ a stock broker to arrange the IPO for the company.

8 0
3 years ago
The cost principle requires that when assets are acquired, they be recorded at __________.
zzz [600]
The right answer for the question that is being asked and shown above is that: "d. exchange price paid." The cost principle requires that when assets are acquired, they be recorded at d. exchange price paid<span>
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4 0
4 years ago
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