Answer:
Alejandro´s opportunity cost is 2/3 of a chart.
Roger´s opportunity cost is 1/2 of a chart.
Explanation:
The cost of opportunity represent the benefits that you misses out on when choosing one alternative over another.
In this case , we can say that Alejandro and Roger can produce 2 product. And if they produce one , they loose the possibility of producing the other.
We can Illustrate this situation with a production possibility frontiers graph and if we increase the quantity produced of one good, will decrease the other, because the limited resources.
Alejandro produce 3 three pages of the paper in the same time it takes him to create two charts. We use cross multiplication to get how many charts Alejandro produce at the same time he produce a single page
1___x
3___2 so x= 1x2/3
So , in the time he produce a single page of the essay, he could produce 2/3 of a chart. This is the cost opportunity.
Roger can write two pages of the paper in the same time he can produce a single chart. So, in the time he produce a single page of the essay he could make half of a chart.
Kyle would increase his consumption of turkey sandwiches from 7 to 9 per week if their price fell from $6 to $4. This illustrates the idea of<u> the law of diminishing marginal utility.</u>
The introductory economics textbook Principles of Economics was written by N. Gregory Mankiw, a professor of economics at Harvard.
As of 2020, there have been nine editions since its initial release in 1997. Prior to the book's publication, there was debate over the substantial advance author Greg Mankiw received from publisher Harcourt.
More than a million copies have now been sold, bringing in at least $42 million for Mankiw.
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Principles of Economics is the required text for introductory courses in American economics departments.
It is the "most commonly used economics textbook," according to its current publisher Cengage.
To learn more about Principles Of Economics here
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Answer:
The correct answer is letter "A": Building relationships with suppliers and business partners.
Explanation:
For a manufacturing company that is interested to start businesses abroad, it is important to find out if the operations processes can be carried out at least under the same characteristics as in the country of the firm's origin. Managers must analyze if all the components of their <em>supply chain</em> are likely to be found in the new region. Besides, managers should look for <em>local business partnerships</em> that will help the association adapt to the new market easier.
<span>Utility gained with each individual unit of a good that you purchase is called </span>a. marginal utility
This is of high importance because marginal utilities are used to determine how many items a consumer is willing to buy.
I would say all all of them that doctor don't recommend.
