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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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Should underperforming restaurants be closed or sold?
crimeas [40]

Answer:

sold

Explanation:

Underperforming restaurants are those restaurants  which does not perform well. The restaurant does not run properly and no people or less people visits the restaurant for eating.

This can be due to several factors. The restaurant's location may not be good, the restaurant may not provide good quality and tasty food, or people might not find their required menu in that restaurant. All these factors leads to less people visiting the restaurant and less revenue generation.

In such a case, the owner of the restaurant must sell the restaurant to some other party so that he does not undergo any losses. By selling the property he will get some amount of his investment which he could utilize in his further projects.

Also by selling the restaurant, the employees of that restaurant will not go out of job and can feed their family.

So, the restaurant should be sold.

7 0
3 years ago
What style of leadership is grounded in the exchange relationship between the leader and the follower
Annette [7]

Answer: Transactional leadership

Explanation:

Transactional leadership a style of leadership that grounded in the exchange relationship between the leader and the follower.

For transactional Leadership, promotion of compliance is done through both rewards and punishment.

7 0
3 years ago
Is it wise for a firm to employ a worker at $20 per hour when another worker does the same job for $10 per hour? It would be a r
grandymaker [24]
The right answer for the question that is being asked and shown above is that: "The government will pay firms to give some workers extra pay to increase the total economy." <span>Is it wise for a firm to employ a worker at $20 per hour when another worker does the same job for $10 per hour? </span>
6 0
3 years ago
A step out is a pricing practice in which a firm:
Katen [24]
I would say the answer is D
3 0
3 years ago
Since she was hired four months ago, Janelle has performed poorly on many aspects of her job. This is likely to be attributed to
elena-s [515]

Answer:

internal causes

Explanation:

Based on the information provided within the question it can be said that this is most likely to be attributed to internal causes. This term refers to various different attributes within an individual such as their traits, abilities, or even emotional feelings from different events in their lives. These factors are what are most likely affecting Janelle in her new job.

6 0
3 years ago
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