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Sphinxa [80]
3 years ago
12

Opportunity cost refers to _________.a. current economic conditions. b. your personal values.c. trade-offs when a decision is ma

de. d. commonly accepted financial goals.
Business
1 answer:
Len [333]3 years ago
3 0

Answer:

c. trade-offs when a decision is made

Explanation:

Opportunity cost is the value of the next best alternative.  It represents the foregone benefits as a result of choosing one option over the others. The forfeited option is the trade-off with the preferred choice.

Trade-offs are a result of decision-making processes. Individuals and businesses have many needs and want, which they have to meet with limited resources. Every decision requires preferring one choice and trading-off another. Opportunity cost is the trade-off option.

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Forlornistan is a country in the midst of a serious economic downturn. Forlornistan's GDP has declined steadily for over three y
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Answer:

The correct answer is option c.

Explanation:

Forlornistan is experiencing an economic downturn, the GDP has steadily declined, the employment rate is very low and the CPI is falling.

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3 years ago
The establishment clause of the First Amendment is concerned with _____.
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Question 2 (multiple choice)
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__________ is/are defined as the entire set of values, ideas, or attitudes shared among or learned from the members of a group
kodGreya [7K]

Answer: Culture

Explanation:

 Culture is the refers to the set of values, attitude and the ideas that are shared among the team members and the word culture is derived from the french word which means cultivation and the earth.

According to the given question, the culture is the defined as the knowledge for the specific religion or the group in the society. When we used to share the traditions, expectations and the beliefs withing the specific society or a group.

There are basically two types of culture that are as follows:

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