1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.
You might be interested in
Suppose a bank gets a new deposit of $100 cash and it has a 20% required reserve ratio. If the bank lends the maximum amount of
Scorpion4ik [409]

Answer:

check able deposits = $500

correct option is C. $500

Explanation:

given data

cash deposit = $100

reserve ratio = 20%

to find out

check able deposits

solution

we will apply here check able deposits formula that is express as

check able deposits = cash deposit + ( deposit cash - ( deposit cash × reserved ratio ) × \frac{1}{reserve ratio} )     ...........................1

put here value we get

check able deposits = $100 + ( $100 - ( $100 × 20% ) × \frac{1}{0.2} )

check able deposits = $500

correct option is C. $500

8 0
3 years ago
On July 5th, Paul Potter's beginning checking balance is $20 and his account is credited for a deposit of $50. That same day, tw
Sholpan [36]
Either way, there will be an overdraft.  the beginning balance is $20 add to it $50 and the total balance is $70.  When the two checks totaling $75 are posted to the account,  The account will be in the negative  whether the checks post before or after the deposit.  Before the deposit, the account will be overdrafted $55  if the checks post after the deposit, there will be an overdraft of $5.  So, the answer to both questions is yes.
8 0
3 years ago
What is globalization?
vagabundo [1.1K]
Globalisation is the growing interconnectivity of the world through the use of trade, travel and media.
4 0
3 years ago
Salvatore and Annette are sales managers for Acme USA. Both work full-time in the Acme offices under the same manager, and share
Bogdan [553]

Answer:

The correct answer is the option B: Acme willfully misclassified Annette as an independet contractor and is liable under Fair Labor Standards Act of 1938.

Explanation:

First of all, an <em>independet contractor</em> is the name that a person receives when provides goods or services under a written contract however they do not work regularly for an employer but work as required.

Secondly, the <em>Fair Labor Standards Act of 1938</em> is a United States Labor Law that creates certain standards that must be accomplished by the employers regarding topics like a minimum wage, ''time-and-a-half'' overtime pay and many others. The basic of this act is to establish standards and protect particular situations regarding the less benefited employees.

Finally, in the case of Acme, where Annette was hired as a independent contractor the company willfully misclassified her due to the fact that she has the same duties and hours of job as Salvatore therefore the company is liable under the Fair Labor Standards Act of 1938 to give her the same salary and health insurance.

5 0
4 years ago
Why do businesses compete in free enterprise system?
Bingel [31]

Answer:

Businesses in free enterprise systems compete with each other to produce better products at better prices. Competition leads to innovation, new ideas and a more competitive market. Competiting allows businesses to control themselves and their ideas in an <em>efficent manner. </em>

<em>However, competition in the free enterprise systmem leads to lower wages and income.</em> It leads to the best product at the lowest price. It leads to a variety of products available to the consumer.

<u>if you liked my answer please mark me as brainliest !! thanks <3 !!</u>

3 0
2 years ago
Other questions:
  • Since your first​ birthday, your grandparents have been depositing $ 120 into a savings account every month. The account pays 6​
    6·1 answer
  • XYZ Advisers is a federal covered adviser with an office in State A. It has 400 clients in State A; 6 clients in State B; and 3
    6·1 answer
  • It is estimated that the average cost of a single field sales call on a business customer is about __________, factoring in sale
    7·1 answer
  • One explanation for greater economic development in moderate versus tropical climates is that institutions established by coloni
    9·1 answer
  • Gilberto Company currently manufactures 50,000 units per year of one of its crucial parts. Variable costs are $2.00 per unit, fi
    10·1 answer
  • Tropical Resort, Inc.'s bonds currently sell for $1,350 and have a par value of $1,000. They pay an 11% coupon rate with interes
    15·1 answer
  • The reporting of net cash provided or used by operating activities that lists the major items of operating cash receipts, such a
    5·1 answer
  • The journal entry to record the use of utilities in a factory could include which two of the following: (You may select more tha
    14·1 answer
  • Describe how a recent a<br> change in supply has affected a<br> product that you regularly purchase?
    14·1 answer
  • Which of the affirmative action strategies would involve an employer changing the company policy or the way an organization is d
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!