1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
valentina_108 [34]
4 years ago
10

What are five foundations of economics?

Business
1 answer:
koban [17]4 years ago
8 0

Answer:

incentives, trade-offs, opportunity cost, marginal thinking, and the principle that trade creates value.

Explanation:

You might be interested in
Last year, you purchased land to build a retail store. You paid $20 million for the land. Another business has now offered $8 mi
vesna_86 [32]

Answer:

a. $8 million

Explanation:

In the given situation, the $8 million is the best price to finalize your decision as $20 million costs is that cost which is paid last year and these costs are called sunk cost which is not recovered in the future, that means it is already incurred in the past.  

Moreover, the sunk cost is not a part of the future decision as this cost is irrelevant now

So, $8 million is a relevant cost to make a better decision

6 0
4 years ago
i have a friend i think of as my brother and i changed the emoji on messenger to the teddy bear emoji and his nickname to 'My Te
olga2289 [7]

Answer:

oh wow that's nice I think... XDD

5 0
3 years ago
Read 2 more answers
Globalization of marketing involves developing marketing strategies as though the entire world (or major regions of it) were a s
Alexeev081 [22]

Answer:

TRUE

Explanation:

  • Business globalization means designing marketing strategies as if they were a single entity for the whole planet or large parts of it.

In an increasingly interdependent and incorporated global economy, merchandising globalization is a complementary term combining the promotion and sale of goods and services.

It renders stateless, wall-less businesses an essential marketing and cultural tool with the internet.

4 0
4 years ago
What is the difference between a “Named Insured” and a “Driver”?
inysia [295]

Named insured(s) can drive a car, or anyone else's (including rental car) and get into an accident. An additional driver is a person who resides with the named insured and/or regularly uses a shared vehicle. His or her record is used in underwriting the policy to determine rates, but the person has no policy rights.

7 0
3 years ago
At Onyx incorporated, direct materials are added at the beginning of the process and conversions costs are uniformly applied. Ot
PIT_PIT [208]

Answer:

A $660,030

Explanation:

Total cost of units completed and transferred out = Units Completed and Transferred x Cost per Equivalent Unit

Therefore,

Total cost of units completed and transferred out = 117,000

5 0
3 years ago
Other questions:
  • A company set-up a petty cash fund with $800. The disbursements are as follows:
    14·1 answer
  • The following accounts are from last year’s books at Sharp Manufacturing: Raw Materials Bal 0 (b) 155,200 (a) 167,000 11,800 Wor
    8·1 answer
  • The Netherlands was the first nation built on _____. socialism capitalism communism democracy
    5·2 answers
  • In Bovania, cattle compose 48 percent of the consumer price index (CPI), housing composes 32 percent, and entertainment accounts
    15·1 answer
  • Liquidity and Asset Management Ratios Oasis Products, Inc. has current liabilities = $11.7 million, current ratio = 1.60 times,
    11·1 answer
  • Your company obtains a short term loan on September 1st, 2019 to cover costs to purchase inventory. The loan is for $50,000, the
    14·1 answer
  • Boris oversaw the work of six pharmaceutical sales managers in the northeast region of the U.S. Each sales manager managed a tea
    12·1 answer
  • The following data are given for Harry Company:
    14·1 answer
  • Projected free cash flows should be discounted at the firm's weighted average cost of capital to find the value of its operation
    14·1 answer
  • As notas explicativas devem
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!