1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anni [7]
3 years ago
13

Economists argue that:_______.

Business
1 answer:
lawyer [7]3 years ago
4 0

Answer:

d. ​every decision has an opportunity cost.

Explanation:

Opportunity cost is the next best option forgone when one alternative is chosen over other alternatives.

Accounting cost only includes explicit cost.

Economic cost includes both implicit and explicit Cost.

economic decisions dont include sunk costs. 

I hope my answer helps you

You might be interested in
What factors are important to consider when planning to fund your education? Select all that apply A) how much debt you are will
wolverine [178]

Answer:

The correct answers are A and C

Explanation:

The factors which should be considered or taken into consideration while planning for funding the education are:

1. How much amount of debt the person or an individual is willing to incur- It means that the person or an individual need to consider that how amount of money is willing to borrow from bank, friends in order to fund the education.

2. How much project income of the person or an individual will go towards paying debt- It means that the person or an individual need to see that how much the project income of the person will be used for paying the debt.

7 0
2 years ago
true or false A demographic of people most likely to be interested in your product or service is one of your target markets.
Mariulka [41]
True! companies examine the demographics of people in a population, then selectively pick out a demographic among the many for whom they want to target their products and services at
3 0
3 years ago
g A decrease in aggregate demand will cause prices to fall according to classical economists, and unemployment to increase accor
Mashcka [7]

Answer:

prices to fall according to the classical economists and unemployment to increase according to Keynes.

Explanation:

The classical economists believes that a decrease in aggregate demand for goods produced would being about fall in the prices of such goods. What this implies is that as more goods are produced, if such production is not backed by corresponding demand by consumers, the prices of such goods produced will eventually fall because supply is greater than demand.

For the Keynes, their argument is that a decrease in aggregate demand will cause unemployment to increase. This is because owners of businesses or employers would lay off their employees when goods produced exceeds the demand for such production by consumers. Here, owners of businesses pays their employees through sales of goods produced. So, when the goods produced are not purchased, then there will be excess availability of such goods; hence no sale or profit, from which salaries would be paid. The next step is to start laying off employees because employers cannot cover their running costs.

7 0
2 years ago
​Treasurers, Inc., a manufacturer of gift​ articles, uses a single plantwide rate to allocate indirect costs with machine hours
Gekata [30.6K]

Answer:

predetermined overhead allocation rate is $228 per hour

Explanation:

given data

Estimated over head costs = $8,000,000

Estimated machine hours = 35,000

actual machine hours = 31,000

to find out

predetermined overhead allocation rate

solution

we know that predetermined overhead allocation rate is express as

predetermined overhead allocation rate = \frac{estimate overhead cost}{estimate machine hour}

put here value

predetermined overhead allocation rate = \frac{8000000}{35000}

predetermined overhead allocation rate = $228.571

so predetermined overhead allocation rate is $228 per hour

3 0
3 years ago
July 1 Sold $21,200 of computers to Company with terms 3/15, n/60. Riverbed uses the gross method to record cash discounts. Rive
Setler79 [48]

Question is incomplete. I will try to answer to the best of my ability.

Answer and Explanation:

The credit terms '3/15, n/60' and '2/10, n/30' mentioned in the question signifies the terms in which riverbed has sold its product to the buyer.

3/15, n/60 means that if the buyer pays with 15 days since the transaction takes place then the buyer would receive 3% on the receivable.

However, if they fail to pay within 15 days then the buyer would have to pay the full amount within 60 days.

Similarly, 2/10, n/30 means 2% discount within 10 days since the transaction took place. Otherwise full payment after 10 day.

4 0
3 years ago
Other questions:
  • Journalize the following transactions using the allowance method of accounting for uncollectible receivables.April 1 Sold mercha
    10·1 answer
  • Scenario 34-2. The following facts apply to a small, imaginary economy. • Consumption spending is $6,720 when income is $8,000.
    5·1 answer
  • You are opening up a brand new retail strip mall. You presently have more potential retail outlets wanting to locate in your mal
    6·1 answer
  • Your firm is a supplier to a major chain of discount stores. you have heard rumors that this chain of discount stores is in fina
    14·2 answers
  • Which element of the marketing mix is the most visible and flexible?
    8·1 answer
  • An editor would like to see every sentence containing the word “cat” that appears in a PowerPoint presentation. Which options sh
    9·2 answers
  • Something that encourages specific behavior
    15·2 answers
  • The country of Micronesia is currently experiencing a recessionary gap. The size of the recessionary gap is $500 billion. If the
    12·1 answer
  • If a bank that desires to hold no excess reserves and has just enough reserves to meet the required reserve ratio of 15 percent
    6·1 answer
  • When gathering information, which of the following tasks might you need to
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!