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Snezhnost [94]
3 years ago
13

Rina is training for a triathlon, a timed race that combines swimming, biking, and running. Consider the following sentence: Rin

a has only 20 hours this week that she can devote to training. Each hour she spends swimming is an hour that she can't spend biking or running. Which basic principle of individual choice do these statements best illustrate?A:Rina can use time most efficiently by spending the same amounts of time on swimming, biking, and running.B:People face trade-offsC:People usually exploit opportunities to make themselves better off.D:Rina has an incentive to spend more time on swimming than on biking or running.
Business
1 answer:
White raven [17]3 years ago
8 0

Answer:

The answer is: B) People face trade-offs

Explanation:

A trade-off happens when you have to balance two (or three in this case) opposing situations.

Rina has to decide how to divide the time she can spend training. If she chooses to do one activity, she can´t do the other. So she has to balance the time spent on each activity, probably depending on which sport she needs to train the most.

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2 years ago
____________ risk refers to the danger of changes in buying power during times of rising or falling prices.
natali 33 [55]

The risk refers to the danger of changes in buying power during times of rising or falling prices is known as inflation.

<h3>What is a risk?</h3>

Risk refers to the uncertainty or probability of an accidental event that will affect the decision-making of an individual or organization. In business the higher the risk, the higher the profit is achieved.

Inflation is defined as the ratio at which prices rise over time. Inflation is usually defined as a wide measure of price increases or increases in the cost of living in a place affecting its citizens.

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Learn more about risk, here:

brainly.com/question/17284407

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3 0
2 years ago
PLEASE ANSWER ASAP!!! (proof isnt needed!)<br> also rocky u better not be a troll!
AnnZ [28]
Answer:
INCREASE
Hope I help!!!
4 0
2 years ago
A car dealership union negotiates a contract that dramatically increases the salaries of all salesmen. If one of the salesmen is
Misha Larkins [42]

I think the most appropriate answer would be "a car dealership salesman" would be the opportunity cost.

I hope it helped you!

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