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Alex787 [66]
4 years ago
9

Your elderly grandma tells you: "I haven't been taking my beloved walks because I'm concerned about falling and getting hurt. Se

e, there is always a cost to doing something. But if you don't do anything, then there is no cost." Your grandma does not understand the economic concept of:
Business
1 answer:
DENIUS [597]4 years ago
4 0

Answer:

opportunity cost, the elderly woman is alsotaking a cost by not doing nothing as it renounce to doing the walks to obtain safety at home.

Under economics concepts everything has at least one opportunity cost associated with it.

Explanation:

The opportunity cost represent the best alternative we renounce for the given course of action or use of the resources.

In this case not going to walk has the cost walking.

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Monique really wants a new car, especially now that she admires a coworker's new vehicle every day. What need seems to be motiva
zhenek [66]

Answer: Personal need for status and respect

Explanation:

It is known that people care about the way that other members of their work groups, society etc view them. In this they care about their social worth or social reputation. Monique had a need for a new car, but seeing her coworker with one already made her review her self-worth and spurred the desire to want to attain the status of owning a car even more. Although the degree of concern about one’s social status varies across people, contexts, and time, these concerns are rarely dormant and easily stirred as it has in Monique. Social worth is among peoples’ most critical and pervasive considerations at work, as well as in most social settings. While respect reflects the worth and value accorded to people, status is conceptualized as the respect and admiration that an individual possesses in the eyes of others,. It is also a yardstick of the social worth that others confer on an individual.

4 0
3 years ago
Read 2 more answers
Goods or services in standard-cycle markets reflect: a. numerous first-mover advantages. b. organizations that serve a mass mark
kogti [31]

Answer:

Option b.

Explanation:

In standard cycle, competitive actions are designed to serve large market shares, to gain customer loyalty and to control the firm's operations which in turn provide the same positive experience to customers.

Goods or services in standard-cycle markets reflect <u>organizations that serve a mass market.</u>

Standard-cycle markets refer to the markets where the firm's competitive advantages are shielded from imitation such that those advantages can be sustained longer but for a shorter period.

These advantages can be sustained for longer period in a slow-cycle market  than in fast-cycle markets.

Competitive advantages are sustainable in slow-cycle as these are shielded from imitation for longer periods of time such that imitation is costly.

Option b. is correct

5 0
3 years ago
dia wants to improve her ____. her creative writing teacher suggest that she read genres of books that she usually finds dull​
Anton [14]

Answer:

well if it's dull books, shouldn't it be vocabulary. if it were concentrated she would be bored and her mind would wander elsewhere. but if it were vocabulary she would still find it dull. As if it were a dictionary, nobody wants to spend 5 hours reading every word in the dictionary

4 0
3 years ago
Briefly describe the function of legislatures and the main difficulties they may experience in carrying out these functions. Cou
Tomtit [17]

Answer:

The main function of the legislatures is to make laws and establish guidelines  and other statutes that would establish peaceful co-existence among the peoples.

Explanation:

The main difficulties often experienced by legislatures when carrying out their functions are numerous, beginning with public criticism both positively and negatively, down to the diffferences that may arise in terms of reaching a consensus on any particular bill proposed by a legislator to the House.

Also, the idea of incompetency cannot be overlooked because some members of the House of legislature when assigned to a specific and unique functions are sometimes unable to deliver results as expected by the House and the people who elected them to this function.

Structural changes is one means to this challenges, if it is so necessary. As cited in the instance above, an incompetent legislator or committee should be reviewed, reenacted and competency implied in the appoint to such functions. By so doing,the functions of the legislature will experience less challenges and difficulties.

6 0
3 years ago
Read 2 more answers
Tim gave his house in another city to his sister. He had to pay taxes to the government on this transfer. What type of tax did t
Scilla [17]

The answer is<u> "C. gift tax".</u>


A gift tax is a government imposed tax to an individual giving anything of significant worth to someone else. For something to be viewed as a gift, the getting party can't pay the supplier full an incentive for the gift, however may pay a sum not as much as its full esteem. It is the provider of the blessing who is required to settle the blessing government expense. The collector of the gift may pay tax on the gift regulatory expense, or a level of it, on the supplier's benefit, if the provider has surpassed his/her yearly personal gift tax deduction limit.


7 0
4 years ago
Read 2 more answers
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