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Greeley [361]
3 years ago
11

Applying the concept of opportunity cost to the pollution of a lake, an economist probably would conclude that: a. no pollution

in the lake should be eliminated regardless of benefit. b. pollution should be eliminated as long as the opportunity cost of a cleanup exceeds the cost of the resources required for the cleanup. c. all pollution in the lake should be eliminated regardless of cost. d. pollution should be eliminated as long as the benefit from a cleanup exceeds the opportunity cost.
Business
1 answer:
mrs_skeptik [129]3 years ago
5 0

Answer:

d. pollution should be eliminated as long as the benefit from a cleanup exceeds the opportunity cost.

Explanation:

Opportunity cost is defined as the forgone cost of doing a particular activity. If you were not undertaking this activity what would you have gained by doing something else?

In this case as long as the benefit from cleaning up the pollution is greater than the opportunity cost (pollution) it should be undertaken.

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Judith puts $5000 into an investment account with interest compounded explain continuously. which approximate annual rate is nee
Ludmilka [50]
The interest per year for $5,000 to become $9,110 after 30 years is 2.02% compounded continuously.
4 0
3 years ago
Annapolis Company has two service departments (Computer Operations & Maintenance Services). Annapolis has two production dep
eimsori [14]

Answer:

$56,900

Explanation:

                             Compt.         Maint.       Mixing      Packaging

Dept Cost             140,000      115,000

Cost allocation                            32941        41177         65882

(Computer)

Cost allocation                                

(Maintenance)                                                56900          91041

Total                                                                98077         156923

Workings.

Computer department cost allocation

Maintenance department = 4/17*140000 =32941

Mixing department = 5/17*140000 =41177

Packaging department = 8/17*140000= 65882

Maintenance department cost allocation

Total cost allocated = 147941

Mixing department = 5/13*147941 = 56900

Packaging department  = 8/13*147941 =91041

8 0
3 years ago
How much is one euro in american dollars?
djverab [1.8K]
A euro equals $1.08 in American dollars.
4 0
3 years ago
The marketing team of Under Armour has come up with a strategy to advertise their shoes as a product that makes walking and runn
slavikrds [6]

Answer:

Differentiation

Explanation:

Differentiation is a marketing strategy in which a company makes a particular product unique and attractive in a way that it stands out or is distinguished from other similar products of other companies that are competitors in the same market. Differentiation gives a competitive advantage to a product against other similar products in a market segment.  

Marketing the shoes in a unique way that creates a perceived difference in the minds of customers is a good example of differentiation in marketing, as this would make the shoe unique and even get a premium price slashed on it that customers don’t mind paying.

8 0
3 years ago
One example of a microeconomic question is, "How will prices in the clothing industry change if the government bans imports from
fredd [130]

Answer:

True

Explanation:

Microeconomics is a branch of economics that studies the decisions individuals and firms make in response to changes in economic factors. These factors include price, resources etc. it studies how firms and individuals allocate and make decisions about resources

The question is looking at the effect of price on an industry. This is what microeconomics study

Macroeconomics is a branch of economics that studies the economy as a whole. Macroeconomics studies economic aggregates such as inflation, unemployment, GDP and growth rate.

6 0
3 years ago
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