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
Hoochie [10]
3 years ago
10

Bullie Jean has $1.20 to spend and wants to buy cither a new amplifier for her guitar or a new mp3 player to listen to music whi

le working out. Both the amplifier and the mp3 player cost $120, so she can only buy one. This illustrates the basic concept that:__________.
a. trade can make everyone better off.
b. people face trade-ofts.
c. rational people think at the margin.
d. decisions made at the margin are not particularly important .
Business
1 answer:
Rasek [7]3 years ago
6 0

Answer: b. people face trade-offs

Explanation:

From the question, we are informed that Bullie Jean has $120 to spend and wants to buy cither a new amplifier for her guitar or a new mp3 player to listen to music while working out.

We are further informed that the amplifier and the mp3 player cost $120, each and so she can only buy one. This shows that people face trade offs and have to make a choice regarding some decisions. Here, an opportunity cost will be the one that she didn't buy at the expense of the other.

You might be interested in
Andermeyer Jewelers, which specializes in high-end jewelry, has been in existence since the 1870s and has served generations of
TiliK225 [7]

Answer:

A is the correct answer

Explanation:

Most small businesses use a simple organizational structure. In this, decision making is centralized with the owner. It doesn't have any formal departments and layers. There are both advantages and disadvantages of running the company with this structure. It enables the owner to keep tight control over the company's operation. No decisions can be made without the owner's approval and the owners of aware of every decision made. These companies make decisions quickly as there are no layers of management where the request needs to climb before approval.

6 0
3 years ago
I need help! I want to make a dog walking, rescuing, and training business and I don't know how to convince my parents to let me
mixer [17]

You could start out by finding out how much demand there is for this kind of service. Go around your neighborhood and ask how likely everyone would be to utilize a dog walking or training business, and how much they would be willing to pay for such a service. Alternatively, you could create a survey online and send it to groups within your city. You can create a survey using Google Forms.

If there is enough demand for it and if the price is right, then present this information to your parents. This way you can show them that you're very serious about starting your own business and you have the know-how to do so.

Starting out with just a focus on dog-walking could be great, and then you could expand from there to training. If you have a good sized yard or a nearby dog park to work at for training, then you're set. After that you can move on to dog rescuing. Of course, you will need more space for rescuing dogs and will definitely need at least a yard.

Good luck with your parents and good luck with the business!

7 0
3 years ago
In what ways does the format of a statement of financial or position under ifrs often differ from a balance sheet presented unde
Amiraneli [1.4K]
Umm can someone answer this please because i need help on this as well
7 0
3 years ago
What business deals with social
lidiya [134]

Answer:

free r o b u x

free v buck

free gift card

5 0
3 years ago
Read 2 more answers
ou are scheduled to receive $35,000 in two years. When you receive it, you will invest it for 8 more years at 6.5 percent per ye
Studentka2010 [4]

Answer:

$57,925

Explanation:

n = 8 years

i/r = 6.5%/year

PV = $35,000

The amount in 10 years (FV) = 35,000 x (1+0.065)^8 = $57,925

8 0
3 years ago
Other questions:
  • It is important that the objectives established by executives for their company must be _____, or else employees will not focus
    6·1 answer
  • Ritchie orders 1000 widgets from Cunningham Widget Co. The widgets are stored in Al's Warehouse. Under the contract, CWC is requ
    7·1 answer
  • A company’s weighted average cost of capital is 10.8% per year and the market intrinsic value of its debt is $33.1 million. The
    8·1 answer
  • Cesario Corporation purchases a machine for $125,000. It has an estimated salvage value of $10,000 and is expected to produce 50
    15·1 answer
  • What are the disadvantages of choosing the lease? Check all that apply.
    14·2 answers
  • Suppose that the Federal Reserve wants to target a higher interest rate, the Federal Reserve would then:
    6·1 answer
  • Jackie is doing a marginal analysis to decide if she should spend any more money on a movie download. After figuring out her mar
    11·2 answers
  • Phyllis works for a corporation that recently fired three top managers who were caught using the company credit cards to lavishl
    5·1 answer
  • Blue Co. had the following first-year amounts related to its $12,000,000 construction contract: Actual costs incurred and paid $
    11·1 answer
  • g A debit is used to record which of the... A debit is used to record which of the following: Multiple Choice A decrease in an a
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!