Based on the scenario above, the economic concept which Frakie is faced with is OPPORTUNITY COST. Opportunity cost refers to a benefit or value that a person could have received but which he gave up in order to take another course of action. Thus, an opportunity cost represents an alternative given up when a decision is made.
Answer:
Franchising
Explanation:
just took the test and got 100%
Answer:
Explanation:
1- It starts an unhealthy cycle. Often, when you stress spend, you’re doing it to relieve stress and even bring some happiness. But it’s rather quick fix, In fact, it could cause more stress once you see you’re racking up debt. Rather than spend more, take time to actually address the problem.
2- It takes away from your financial goals. Whether you’re saving for a house, car, vacation, or retirement, you’re working toward some sort of financial goal. But, unfortunately, those dreams can often get lost amongst the shortcuts and spending sprees we go on when we’re stressed.
3- It all adds up. That car you just bought That’s $15. Or what about that burger you hurriedly grabbed for lunch the other day? That’s another $10. Maybe you’re drinking more beer than usual, and you’ve been a frequent bat customer. Even if you go on a stress-spending spree for only a few weeks, it’s definitely enough time to still wreak havoc on your finances. Just remember: small expenses add up.
Answer:
The solution to this question can be defined as follows:
Explanation:
In point a:
When consumer interest decreases, => consumers begin and save less and more, => MPC decreases; => the "IS" curve becomes flatter; => "IS" turns inside. Currently, 'AD' shows together all the goods and financial sector, => as the 'IS' curve adjusts inside the industry, => the 'AD' would also change to the left.
In point b:
Take into account the SR models of "IS-LM" and "AD-AS."
Therefore there is the case of a full job only at the beginning; => its optimum between "IS1" and "LM" in the "IS-LM" model; as well as the main equilibrium among "AD1" and "AS" in the "AD-AS" model "E1'," => the original equilibrium among "Y=Yf," "r=r1" and "P=P1." That now the consumer is reducing the confidence, => the 'IS' curve becomes shifting IMEI 'IS2,' => provided the 'LM' curve, that new balance is 'E2.' That's why the price in the SR is calculated, the AS will change =>, however, the AD also will shift the "AD2" side and "E2'" will become the equilibrium point in the "AD-AS" system, "r=r2 <r1" and "P=P1" throughout the new "Y=Y2 <Yf" balance.
Please find the graph file in the attachment.
Answer:
(C) target market
Explanation:
The group of people for which a product is designed and aimed to is the product's target market. In this case, Topik is a product that aims to sell to blue-collar workers who earn less than $30,000 per year, are divorced, and who like to think of themselves as weekend athletes, which is the product's target market.
The answer is (C).
