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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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When prices rise , which of the following happens to income
katen-ka-za [31]

Answer:

It buys less.

Explanation:

4 0
3 years ago
On December 1, 2014, Abel Corporation exchanged 40,000 shares of its $10 par value common stock held in treasury for a used mach
Simora [160]

Answer:

correct option is c. 2,200,000

Explanation:

given data

exchanged = 40,000 shares

common stock = $10

cost = $40

fair value = $55 per share

originally issued = $30 per share

to find out

total stockholders' equity will increase

solution

we will find stockholders' equity that is  increase by as given formula

Increase in total shareholder's stock equity = No. of shares × Fair value per share     ................1

put here value

Increase in total shareholder's stock equity =  40,000 × $55

Increase in total shareholder's stock equity = $2,200,000

so correct option is c. 2,200,000

3 0
4 years ago
In the long run, profits in a monopolistically competitive market are zero because: a. of government regulations. b. of collusio
zvonat [6]

Answer:

c. firms are free to enter and exit the market.

Explanation:

A monopolistically competitive market is a market in which there are a lot of organizations that sell products that are similar and it tends to be easy to enter and leave the industry. Because it is easy for a company to enter the market and there is a lot of competition, in the long run the economic profit is zero. According to this, the answer is that in the long run, profits in a monopolistically competitive market are zero because firms are free to enter and exit the market.

The other options are not right because a monopolistically competitive market has zero profits because of its low entry barriers and amount of competitors not because of government regulations or an illegal agreement between organizations to control competition. Also, in a monopolistically competitive market the products are similar.

6 0
3 years ago
Which office has been criticized for placing business interests ahead of environmental concerns?
Delvig [45]
<span>The Trump office has been accused of placing greater importance on their own business interests, and no interest at all on environmental concerns.Trump has made it clear that he has no intention to improve the earth's environment in the future.</span>
6 0
3 years ago
A stock has a beta of 1.12 and an expected return of 10.8 percent. A risk-free asset currently earns 2.7 percent. a. What is the
love history [14]

Answer:

6.75%

Explanation:

Data provided in the question:

Beta of the stock = 1.12

Expected return = 10.8% = 0.108

Return of risk free asset = 2.7% = 0.027

Now,

Since it is equally invested in two assets

Therefore,

both will have equal weight = \frac{1}{2} = 0.5

Thus,

Expected return on a portfolio = ∑(Weight × Return)

= [ 0.5 × 10.8% ] + [ 0.5 × 2.7% ]

= 5.4% + 1.35%

= 6.75%

8 0
4 years ago
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