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Aleksandr-060686 [28]
3 years ago
14

Page(s) 13-14 1.2. What are five foundations of economics? Arshad is trying to choose his college major. His options are physics

, civil engineering, biology, and communications. He is leaning towards communications because he enjoys those classes, but is also concerned about his midcareer salary. Of his options, click on the major that represents Arshadâs opportunity cost of choosing to major in communications.
Business
1 answer:
Marizza181 [45]3 years ago
7 0

Answer:

Physics

Explanation:

Opportunity Cost

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.

Since Arshad is concerned about his mid-career salary, Physics has the highest mid-career salary among the options, therefore opportunity cost of choosing to major in communications would be Physics

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A job description involves determining

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In the Keynesian-cross model with a given MPC >0, the government-expenditure multiplier ______ the tax multiplier.
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Answer:

the government-expenditure multiplier _Is larger than_ the tax multiplier.

Is larger than

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True or False: Computing interest using the sum-of-the-digits method allocates more interest at the beginning of a loan than at
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True

Explanation:

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Using the sum-of-the-digits method, you will allocate interest as follows:

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A real estate agent is considering changing her cell phone plan. There are three plans to choose from, all of which involve a mo
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Answer:

req 1)

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0.42 x 150 + 0.17 x 70 = 74.9

Plan B

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from 0 to 190 minutes Plan A

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req 3)

the proportion should be 1/6 daycalls and 5/6 evenings

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a minute of daycall is 10 cent higher in plan B

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1:5 1 + 5 = 6

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