I believe the answer is Trade-off.
The opportunity cost of defense budget in terms of private housing is $4666666.7 homes.
Opportunity cost is the cost of next best alternative foregone.
Formula to calculate the opportunity cost for defense budget in terms of private housing is:
= total defense spending/cost of a new home
= $700,000,000,000/$150,000.
In other words, we can say that we have to give up $4666666.7 homes when we are spending an amount of $700 billion on federal defense.
The free cash flow $180,000. 200,000+ 150,000-(90,000+50,000+20,000) =
350,000-170,000= 180,000
Answer:
£401.02
Explanation:
Exchange rate is defined as the rate at which one currency is exchanged for another.
In international trade exchange rate is used to determine how much a country will pay or recieve in export or import transactions.
In the given instance where the exchange rate is $1.97/£ it means that $1.97 is required to get £1.
So when we want to calculate the amount of pounds $790 can get
$1.97 = £1
$790 = x
Cross multiply
1.97 x = 790 * 1
x = 790 ÷ 1.97
x = £401.02