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3 years ago

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:

The opportunity cost is a term for a process when one thing is chosen and the other alternatives are lost as a cost. This is one of the key concepts in economics, 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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Liabilities are? a.none of these choices are correct. b.the rights of customers. c.the rights of owners. d.the rights of credito

Anna35 [415]

Liabilities are the rights of creditors.

<h3>What is a liability?</h3>

A liability is a debt that a person or business has, typically in the form of money. Through the transmission of economic benefits like money, products, or services, liabilities are eventually satisfied.

Liabilities are items that are listed on the balance sheet's right side and consist of debts including loans, accounts payable, mortgages, deferred income, bonds, warranties, and accumulated expenses.

Assets and liabilities can be compared. Assets are items you own or owe money to; liabilities are things you owe money to or have borrowed.

In general, a liability is an obligation that exists between two parties but hasn't been fulfilled or paid for. A financial liability is an obligation in the world of accounting, but it is more specifically characterized by previous business transactions, events, sales, exchanges of goods or services, or anything else that will generate income in the future. Non-current liabilities are typically viewed as long-term obligations because they are anticipated to last more than a year (12 months or greater).

Thus, Liabilities are the rights of creditors.

For more information on creditors, refer to the given link:

brainly.com/question/18484315

#SPJ4

5 0

1 year ago

What steps can Janet take to avoid falling prey to

julia-pushkina [17]

The steps that Janet can take to avoid falling prey to deceptive advertising are the following:

Do her research

Know what she wants

Trust her judgement

However, if Janet has already fallen prey to deceptive or false advertising, which is illegal, she can file a lawsuit against the company.

The lawsuit aims to recover damages from the company for misleading her into making a purchase or payment for goods or services whose advertising was deceptive.

It is generally unethical for a company to mouth a deceptive advertising.

Thus, Janet may not only trust online resources or purchase products from one retailer, she should carry out proper research based on what she wants before trusting her judgement.

Read more about deceptive advertising at brainly.com/question/24271514

3 0

2 years ago

A pharmacy has determined that a healthy person should receive 70 units of proteins, 100 units of carbohydrates and 20 units of

makvit [3.9K]

Answer:

no thank u

Explanation:

3 0

2 years ago

At the beginning of its fiscal year, Lakeside Inc. leased office space to LTT Corporation under a ten-year operating lease agree

iVinArrow [24]

Answer: $20,000

Explanation:

The effect of the lease on Lakeside's earnings will be the difference between the earnings from the lease and the cost of the building which will be depreciation.

Depreciation = 2,300,000/25

= $92,000 per year

Earnings per year;

= 28,000 * 4

= $112,000

Increase in earnings = 112,000 - 92,000

= $20,000

6 0

3 years ago

Why does a $1 increase in government purchases lead to more than a $1 increase in income and spending? A. Through the governm

MArishka [77]

Answer:

D. Through the government purchases multiplier, the $1 increase in government spending will lead to an increase in aggregate demand and national income, which will lead to an increase in induced spending.

Explanation:

We know,

Multiplier = Changing real equilibrium GDP ÷Change of government spending.

If we increase the multiplier, government spending will lead to an increase in aggregate demand that is potential GDP is higher than actual GDP and national income, which will lead to an increase in induced spending. Therefore option D is the correct answer as options A, B, and C do not meet the requirements.

8 0

3 years ago

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

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