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Alexandra [31]
3 years ago
12

“Choosing is Refusing” means individuals face an opportunity cost with each decision they make. Explain this further.

Business
1 answer:
gulaghasi [49]3 years ago
3 0
When you make a decision means that you take an action course and leave othe free. You take advantage of some oportunities but "lose" other oportunities. Those opportunities that you let go  are the opportunity cost in which you incurr any time that you choose. Your economical analysis (and probably in all life dimensions) must include the opportunity costs to  make a decision that leaves you better than you would be if you had taken a different decision, this is your expected benefit should overcome the opportunity cost.
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Which statement best explains the decrease in manufacturing jobs over the next few years?
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The best reason for the reduction in manufacturing jobs is that These jobs are often outsourced to overseas factories.

<h3>Manufacturing trend in developed countries </h3>
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7 0
2 years ago
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