Answer:
improvements to the building,
Explanation:
Opportunity cost is the foregone advantage of not setting certain options in decision making. When a particular option is preferred over others, then benefit from the other options not selected are forfeited. The forfeited benefits represent the opportunity cost.
The value of opportunity cost is equated to the value of the next best alternative. Where there were more than two alternatives available, the next best alternative from the chosen option becomes the opportunity cost. In this case, improvement to the building was voted the second preferred option; hence it becomes the opportunity cost.
<span>It is due to the profit maximising rule in a monopoly is Marginal Revenue=Marginal Costs (MR=MC). If the price or the output is below the ATC then the firm is operating at a loss; however, should shut down production until price or output is less than AVC.</span>
Answer: C
Subsidies
Explanation:
An excerpt from Washington Small v Large
"Large industrial farms grow primarily corn and soy, which consumers buy as meat and processed foods. And there’s a strong argument that those foods are making us fat and sick. But that’s not the farmers’ fault. They grow what the market demands. If we want to fix that, and I think we should, we’d be better off talking to the government, which determines subsidies; food manufacturers, who turn crops into what we actually eat; and consumers, who vote with their wallets."
Answer:
budget enough money for attractive pay levels.
Explanation:
The correct answer to this question is "decrease to a new equilibrium quantity." Hundreds of clothing stores closed in new york city this year. the supply of clothes, at each price level, will <span>decrease to a new equilibrium quantity. Hope this helps answer your question.</span>