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liraira [26]
3 years ago
5

Page 13 1.2. What are five foundations of economics? Caroline has several options for how to spend her Saturday night, listed in

order of descending preference: Go to a folk music concert with a friend. Get dinner with several of her sorority sisters. Go shopping with her mom. Caroline can only do one activity. Match each activity (on the left) with its opportunity cost (on the right).
Business
1 answer:
Savatey [412]3 years ago
3 0

Answer:

Economic theory' five pillars are opportunities, trade-offs, the expense of opportunity, marginal valuation as well as the theory of value-creating exchange.

In simple words, opportunity cost refers to the cost of losing profits by choosing one alternative over the other. Thus, if Caroline choose to got to music concert, her opportunity cost would be the loss of privilege to be at shopping or dinner. Same applies to other two options.

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The measurement that equals cash receipts minus cash payments over a given period of time, is referred to as:
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3 years ago
A book of mass 5 kg rests on a plank. You tilt one end of the plank and slowly increase the angle of the tilt. The coefficient o
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Answer:

The maximum angle of tilt is 26.56°.

Explanation:

Given that,

Mass of book = 5 kg

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F_{n}=mg\cos\theta

The friction force holding book against moving

f_{\mu}=\mu F_{n}....(I)

The force induced by gravity is

F_{g}=mg\sin\theta....(II)

We need to calculate the angle

Now, both forces are equal

f_{\mu}=F_{g}

\mu\ mg\cos\theta=mg\sin\theta

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0.50\times5\times9.8\cos\theta=5\times9.8\sin\theta

\tan\theta=\dfrac{0.50\times5\times9.8}{5\times9.8}

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Hence, The maximum angle of tilt is 26.56°.

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3 years ago
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