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Ivahew [28]
3 years ago
12

What is the opportunity cost of owning a business equal too?

Social Studies
1 answer:
denis-greek [22]3 years ago
4 0

Answer:

I believe it is the total cost-profit to be gained if it is meant to be a value. opportunity cost can also be in words, what you sacrificed/what you gain.

I hope this helps

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We can conclude that participants in Sheriff's study exhibited private conformity rather than public conformity, because:
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Answer:

c. They continued to use their group estimates when retested alone one year later.                    

Explanation:

Public conformity occurs when an individual makes a decision or judgement about something as a result of external pressures around him/her and not because he/she believes that action is right. In public conformity, individuals pretend to agree with the group but personally disagrees. On the other hand, in private conformity, individuals decides on an action based on internal reasons.

If individuals continue to use their group estimates when retested alone one year later, it is an indication that the original estimate was based on private conformity and not public conformity. If it was based on public conformity, the individual would have changes his/her estimate since the group is no longer present to exercise pressure over his/her decision.

4 0
3 years ago
In the following examples who is functioning as a producer?
labwork [276]

Answer:

The correct answer is c) Thornstan, who is writing a book that will be sold in bookstores around the world.

Explanation:

Producers are all people whose function is to create something; there are different types of producers that range from the film producer to the agricultural producer.

The producer is responsible for making a product and then sells it, sometimes with the help of someone else. For example, in the case of Thornstan, he is writing a book for which he becomes a producer since his book is the product, and this book will be sold all over the world with the help of bookstores and the publisher.

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<em>I  hope this information can help you.</em>

5 0
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