Answer:
Missing out on the benefits I get from working out using exercise equipment in my garage.
Explanation:
When an option is chosen from alternatives, the opportunity cost is the "cost" incurred by not enjoying the benefit associated with the best alternative choice. The New Oxford American Dictionary defines it as "the loss of potential gain from other alternatives when one alternative is chosen." Since Choice B is the next best choice to hiking, missing out on the benefits of working out will be my opportunity cost.
The short-run average total cost of Ike's Bikes of producing 100 bikes is $360.
<h3>
What is the short-run average total cost ?</h3>
The short-run is a production period where some of the factors used in the production process are fixed and others are variable. The short-run average total cost is the total cost divided by total output. Total cost is the sum of fixed cost and variable cost.
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Answer:
C.principal-agent problems.
Explanation:
The acquisition of Movo Automobile is a typical example of AGENCY COST. Under the Agency cost theory, managers are agents of shareholders who represents principal in the principal - agent problem.
Agency cost is a situation where agents become selfish and pursue strategies and policies that will promote the self interest of agents and cause dissatisfaction to principals.
Helping employees find the harmony between the demands of their personal and professional lives is called<u> Work-Life Balance</u>.
Employees face a variety of obstacles in the workplace today. While certain professions permit a more flexible separation of work and personal life, many others require substantial sacrifices in the area of leisure and family.
The United States is ranked 30th among nations with the best work-life balance by Statista. This is primarily due to the fact that many Americans often put in extra time at work.
Employers are becoming more conscious of the rising demands of their workers about a healthy work-life balance as a result.
Businesses are now thinking about how to create a work-life balance and putting in place specific strategies to encourage this. Making workers more productive is a goal, but so is making them happier and more balanced.
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