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Rus_ich [418]
3 years ago
6

Why should a decision maker care about opportunity cost when choosing amongst alternatives?

Business
1 answer:
Karolina [17]3 years ago
8 0
A decision maker should pay attention to opportunity cost because it is essential to financial discussion making. Opportunity cost is giving up something(s) for another thing. Therefore, weighing the pros and cons of each choice is important.
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What is the purpose of a job objective?
kondaur [170]

A job objective basically states what kind of career you are seeking. It can also state what kind of skills and experiences you have to make you ideal for that career.

Hope this helps!

7 0
3 years ago
Read 2 more answers
Indirect labor includes:_________ (You may select more than one answer. Single click the box with the question mark to produce a
ch4aika [34]

Answer:

b labor of the maintenance employees

c labor of the clerical staff

Explanation:

During the production or composition of finished goods, some form of labors are directly or indirectly involved in the manufacturing of such finished product. Where labor is not readily traced to the manufacturing of finished product, such is known as indirect labor.

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3 0
3 years ago
Your friend is having trouble saving money. How can you teach them the “pay-yourself-first principle”? Do you think this is an i
BigorU [14]
I think this is important without a doubt . You might need to use that money someday for yourself but won't have it because you spent it on a HUGE list of groceries. If you put some money aside for yourself, you will have money that your allowed to do anything with (saving, buying clothes, buying cars, etc.) You should always save some of your payment that way you always have extra money in case of any money emergenies or such. 
4 0
4 years ago
A monopolist will earn economic profits as long as his price exceeds. True or False
Natali [406]

Answer:

Answer is True

Explanation:

With an understanding of economic profit which is the difference between the revenue received from the sale of a finished product and the total input cost. A monopolist will always earn economic profit because he is the price regulator for the product and does not have a competitor.

8 0
3 years ago
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Sidana [21]
I believe that the $500 cheque from your parents has already been counted when it was earned and therefore would neither increase or decrease GDP. GDP is defined basically as  a bulk measure of production that is equal to the sum of all gross values of all units involved in production.
3 0
4 years ago
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