This is the concept of opportunity cost. If Brad puts money for a club, then he gives up the choice to buy the car, which may lead him to not be able to buy the car anymore.
Under the substantial presence test formula, Andrea is deemed physically present in the United States for 183 days in 2023.
This is calculated by adding the 150 days of physical presence in 2023 to the 1/3 of the 120 days physical presence in 2022, plus 1/6 of the 90 days of physical presence in 2021 (which is 40 days).
Therefore, the total is calculated as: 150 + (1/3 * 120) + (1/6 * 90) = 183 days.
Physical Presence refers to the precise period during which the parent was physically present in the country. This implies that any trips outside of the country, even vacations, should be avoided.
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Food Well is pursuing a Focus differentiation strategy.
<h3>What is Focus differentiation?</h3>
This is known to be a method used in competitive advantage where a firm tries to outperform its rivals through the act of offering a product that is seen by consumers to be superior to that of competitors even if its price is higher.
It is known to be used in adopting a differentiation focus strategy. Here, the firm is based on narrow market coverage, and others.
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Answer:
<h2>In this case,the answer is option is B. or a positive economic statement.</h2>
Explanation:
- In Economics or any Social Science,a positive statement basically refers to an assertion,proposition,fact etc. that can be practically tested or evaluated by examining statistical or empirical data,information and/or facts.
- In this instance,the statement given represents an economic relationship between two economic variables,that is,price of gasoline and its consumption level.
- Therefore,this is a general statement that can be verified or evaluated by collecting and examining relevant numerical data or facts on the price of gasoline and its consumption level at various parts of the country.
- Following the data or numerical fact collection on both price of gasoline and its consumption or purchase level,a basic correlation study can be conducted between the two concerned variables to determine whether the gasoline price has any practical impact on its consumption level.
