Answer:
is the pattern that follows any of the variables that determine the benefit of an economic activity
a standard is the reference level of some factor of production
Answer: C. hope this help!!!!!
It was D I think because it has the word increase output
Explanation:
Yes, the business practices of an Islamic country certainly differ from the business practices of the United States, starting with the significant cultural differences between those countries, including differences in the rules of etiquette, employee benefits, communication, the presence of women in the workplace, etc.
There is also strict government control in companies in Islamic countries, which obliges them to follow certain religious laws and regulations, which prevents them from managing an organization more aggressively with regard to paying interest and establishing a culture geared towards receiving "fair" profits, while business in the United States survives without obligation to comply with religious laws or impede profit.
Answer:
(B) Saving money instead of taking a vacation.
Explanation:
Basically, opportunity cost is the cost incurred by not enjoying the benefit associated with the best alternative choice. It is the weighing the sacrifice made against the gain achieved when making tough money, career, and lifestyle decisions. It is a benefit, profit, or value of something that must be given up to acquire or achieve something else.
You will have to spend a lot of time weighing whether or not the inevitable consequences of a given decision are outweighed by the gains that decision will bring. So saving money instead of taking a vacation is an opportunity cost as you will be choosing saving money over taking a vacation.
