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FinnZ [79.3K]
3 years ago
11

Fill in the blanks with appropriate option.

Business
1 answer:
riadik2000 [5.3K]3 years ago
4 0

Identical goods or services ,many buyers ,Price takers

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"In deciding how to spend an hour of his time, John has identified four activities he can choose from. The opportunity cost of c
mezya [45]

Answer:

False

Explanation:

Since John could not possibly partake in all of the remaining three activities, the opportunity cost cannot be the benefit received from all of the other activities. Instead, the opportunity cost is the benefit he would have received from the next best alternative alone.

5 0
4 years ago
Read 2 more answers
Large projects that involve purchasing land from many landowners may not succeed due to the expenses (attorney fees, bank fees,
Andrews [41]

Answer:

The correct option is A

Explanation:

Transaction costs are the costs or the expenses which is incurred or made when it involves buying as well as selling of good or a service. And in the terms of financial nature, it is that cost or expense which comprise of  the commission of broker, that is the differences among the dealer price paid for the security and the price which the buyer pays.

So, in this case, the large projects involve the land purchasing from landowners will not succeed because of expense like bank fees, attorney fees for negotiating the different deals. These fees examples are of transaction costs.

5 0
4 years ago
Fear of heights is known as ​
aev [14]

Answer:

Acrophobia

Explanation:

Acrophobia sometimes develops in response to a traumatic experience involving heights, such as: falling from a high place. watching someone else fall from a high place. having a panic attack or other negative experience while in a high place.

3 0
3 years ago
What is a merger that combines more than three businesses that make unrelated products called?
azamat
<span>This merger is called a conglomerate. A conglomerate is a company which has major stocks in a smaller business or company. The smaller businesses are called subsidiaries. The smaller businesses are still independent in terms of operations, however, they need to make reports to the conglomerate.</span>
5 0
4 years ago
Read 2 more answers
An individual who is not party to the contract between a CPA and the client, but who is known by both and is intended to receive
Naddika [18.5K]

Answer:

Third party beneficiary.

Explanation:

This is easily seen in contracts as it is said that a third party beneficiary is a person that benefits from an agreement between two persons or a contract between two persons. This is despite the fact that this said person has no effect or was not in any way a part of the said contract.

A third party beneficiary can be denied the rights to compensation of the contract, especially when contract is not fulfilled.

Rights which makes the third party beneficiary valid and concretely a part of the contact are been attached and solidified if the said contract comes through.

3 0
4 years ago
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