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AURORKA [14]
3 years ago
15

when choosing over the next best alternative due to trade offs faced, what is given up is called the​

Business
1 answer:
Alex Ar [27]3 years ago
8 0

Answer:

b. opportunity cost

Explanation:

<u>The opportunity cost is a term for a process when one thing is chosen and the other alternatives are lost as a cost. </u><u>This is one of the key concepts in economics</u>, as it explains the gain, costs, benefits, and choices. It doesn’t only have to refer to the money cost, but to any loss, that is made during the process of choosing between the alternatives.

The profit and benefits of other choices are lost by making a decision to chose one thing, and benefiting it from it alone.

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Which of the following tactics might public sector unions use to increase management's cost of disagreeing with the union positi
rjkz [21]

Answer:

D. All the above are legal tactics that the union can use to pressure management to accept the union's position on an issue.

Explanation:

Each and everyone one of the options mentioned above are tactics adopted by the union in pressuring management to accept their position on most of the issues which they have or are arguing about.

5 0
4 years ago
Jacques and Kyoko Lalime live in Swarthmore, PA. Kyoko's father, Musashi, lives in Sweden.For each of the following transactions
Klio2033 [76]

Answer:

Explanation:

1. Kyoko gets a new video camera made in the United States: included in Consumption (C) account of the GDP

2.Jacques buys a bottle of Italian wine: included in Imports (M) account of the GDP because it is consumed in U.S soil but not produced there.  

3.The state of Pennsylvania repaves highway PA 320, which goes through the center of Swarthmore: included in government purchases (G) account of the GDP because repaves are paid by the state of Pennsylvania.  

4.Kyoko's father in Sweden orders a bottle of Vermont maple syrup from the producer's website: included in exports (X) account of the GDP because it produced in the U.S soil.  

5. Jacques's employer upgrades all of its computer systems using U.S.-made parts: included in the Investment (I) account of the GDP because it is capital expenditure.  

5 0
3 years ago
true or false: if prices change in a way that leaves the overall price level unchanged, then no one is made better or worse off.
Westkost [7]

It is false that If prices change in a way that leaves the overall price level unchanged, then no one is made better or worse off.

<h3>What is a relative price?</h3>

A relative price can be described as the ratio of two prices or the price of a good or service in relation to another.

In general, when prices change relative to one another, some people do better and others do worse, even while the total level of prices remains the same.

Therefore, it is false that no one benefits or suffers when prices fluctuate in a way that keeps the total level of prices constant.

Learn more about the price here: brainly.com/question/15397404.

SPJ12

5 0
2 years ago
Enterprise-level consultation and bargaining are complemented by an annual wage negotiation process called ________.
MrRissso [65]

Answer:

Shunto

Explanation:

Shunto is a word used by the Japanese and it literally means wages, labor or livelihood.

Basically, it refers to the annual wage bargaining (negotiation) sessions between the Japanese Enterprise (labor) Union and employers each requesting for an increment in their wages.

Hence, the enterprise-level consultation and bargaining by the Japanese Enterprise (labor) Union are complemented by an annual wage negotiation process called Shunto.

4 0
3 years ago
______________ specifies sales revenues and selling distribution and marketing costs.
frez [133]
To answer the question above as the which specifies the sales revenue and selling distribution and marketing costs is letter B, Sales budget. The answer lies in the question itself. Sales revenues,distribution and the marketing cost are all related to the sales budget. Sales budget controls the expenditure or resources related to sales.
3 0
3 years ago
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