Answer: Console
Explanation:
Opportunity cost is what one forgoes in order to get somethings else. Opportunity cost is as a result of limited resources hence a choice has to be made.
From thw question, we are told that
Nick won $1000 lottery prize and he can't decide what he should spend the money on buy as he wanted a console, a bike ,a watch or go on a trip. We are further told that he gives up the bike and the watch but he really wants the console and that in the end he saves it all for the trip.
The opportunity cost here is the console. He wasn't really interested in the bike or watch but he really as very interested in the console and he eventually gave up on the console for the trip.
This cash flow pattern is a(n) uneven type of cash flow.
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Explanation:</u></h3>
Any range of cash flows that don’t agree to the description of an annuity is supposed to be an uneven cash flow stream. For case, a range such as $100, $100, $100 would be deemed an uneven cash flow stream. A large dimension of assets causes uneven or irregular cash flow, causing the method of their valuation cumbersome.
Principle of Value Additivity is very frequently valuable for explaining the estimation of the present or future value of uneven cash flow streams, especially if the cash flows follow some identifiable pattern (such as various progressive annuities).
Answer:
It is a research method where the researcher assembles small
Answer:
The answer is (D) a person does not like the food served at a restaurant and chooses another restaurant.
Explanation:
Consumer sovereignty is an economic condition where what the customer wants and needs control what good and/or services the producers must provide. (A) and (B) are incorrect since the producer is influencing the customer instead. (C) is also incorrect because the consumer has already chosen to consume the producer’s goods and thus this implies a form of customer dissatisfaction instead of consumer sovereignty.
The answer would most likely be D, A is for sure an answer and B and C are also true.
