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
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.
You might be interested in
Gunnar, the Director of Operations at Fantastic Foods, has worked with other managers over the years to set up groups and teams
qaws [65]

If Gunnar, the Director of Operations at Fantastic Foods.  One of the recent groups, which is also a team, is the dean search committee.

<h3>What is team?</h3>

Team are member of a group that come together in unity to resolve issue  and to achieve their set goals and objectives.

The recent group will be the dean search committee which aim is to interact or  communicate  frequently by making use of different communication  means over a period of several months.

Therefore  One of the recent groups, which is also a team, is the dean search committee.

Learn more about team here: brainly.com/question/11352260

#SPJ1

6 0
2 years ago
Information technology has advanced dramatically within the last 25 years or so. At the same time there have been significant sh
Karo-lina-s [1.5K]

Answer:

Did the technology push the changes in the world, or was it the other way around? What evidence is opinion based upon or how did you draw your conclusions?

In my opinion the world started to change during the 1970s when Steve Jobs introduced the personal computer. Before him, only huge corporations could afford computers since they were huge and costed millions. Since then, information technology (IT) has increased in gigantic steps and when the internet was available for public use, the world as we know it changed.

When the world was struggling again during the great recession, my hero came back and changed the way IT industry again with the iPhone and the whole app culture. I am a little over 25, and I can tell that everything was very different when I was a small kid. You actually needed to read a newspaper and use encyclopedias (very large books).

Now everything is on the web and now most of us are even working using the internet. In just seconds we know what is happening in China or any other country in the world, while before all we heard about China was that were many Chinese and they were communists. IT has enabled whole new industries that boost the economy much more than any other manufacturing business ever had. The world would be a much different place if it wasn't for the Apple I, the internet or the iPhone.

4 0
3 years ago
Which type of third party plan covers prescriptions for anyone eligible for medicare benefits, including senior citizens?
Citrus2011 [14]
The third party plan that covers prescriptions for those eligible for medicare is usually an insurance plan that has extended health so that after paying a small deductible like $25 then the medicine costs will be reimbursed at the rate of say 80% of their costs.
7 0
3 years ago
The improvement of the product and process in the scrum method is discussed at the _____.
baherus [9]

The improvement of the product and process in the Scrum method is discussed at the<u> "sprint reflection meeting".</u>


The Sprint Retrospective is an opportunity for the Scrum Team to review itself and make an arrangement for enhancements to be instituted amid the following Sprint.  

The Sprint Retrospective happens after the Sprint Review and preceding the following Sprint Planning. This is at most a three-hour meeting for one-month Sprints. For shorter Sprints, the occasion is normally shorter. The Scrum Master guarantees that the occasion happens and that chaperons comprehend its motivation. This is the open door for the Scrum Team to enhance and all part ought to be in participation.

4 0
3 years ago
The standard view in economics is that tax cuts without​ ________ will​ ________ the budget deficit resulting in​ ________.
lakkis [162]
The standard view in economics is that tax cuts without SPENDING CUTS will INCREASE the budget deficit resulting in CROWDING OUT INVESTMENT. When a government lowers tax without minimizing its spending, it leads to crowding out investment effect, which is a situation in which increased interest rates leads to a decrease in private investment spending in such a way that it takes color out of the initial increase of total investment spending.
4 0
4 years ago
Other questions:
  • A survey of 1000 executives ranked _____________ at the top, as the ideal manager's skill.
    11·1 answer
  • Social class is a strong predictor of purchases that have symbolic aspects, but low to moderate prices. What is the best example
    10·1 answer
  • Scarcity means that there are more wants than one can meet based on the limited amount of resources.
    8·1 answer
  • Which of the following basic steps in risk analysis should be performed first?
    6·1 answer
  • ABC generally causes the least amount of cost distortion among products because indirect costs are allocated to the products bas
    8·1 answer
  • On May 1, 2016, Meta Computer, Inc., enters into a contract to sell 5,000 units of Comfort Office Keyboard to
    5·1 answer
  • Bakers are much ___________ likely to supply pastries to the market if property rights are not enforced. In the presence of mark
    9·1 answer
  • Crane Inc. had beginning inventory of $12,000 at cost and $19,600 at retail. Net purchases were $105,056 at cost and $159,600 at
    10·1 answer
  • (1 point) Why does the journalist think Enron's stock is overvalued?
    9·1 answer
  • There are only benefits of branding. No drawbacks exist.<br> true<br> false
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!