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3 years ago

The opportunity cost of a decision is measured in terms of

Business

1 answer:

Neko [114]3 years ago

5 0

Answer:

4. the next best thing given up. the price of a new opportunity that arises.

Explanation:

The opportunity cost is the cost we incurr when we choose something instead of other alternatives. To put it more simply: it the cost of the alternatives that we give up when we choose something.

For example, suppose I have $1,000 and have two options: 1) putting the money on a savings account that pays 2% annual interest 2) buying and Iphone X.

If I put the money on the savings account, the opportunity cost is the lack of enjoyment that and Iphone X would have provided me.

And if I bought the Iphone X, the opportunity cost would be the lack of interest earned on the deposit.

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When setting up an ecommerce shop, which stage of the searcher’s intent should youfocus?

Step2247 [10]

Answer:

Research

Explanation:

An e-commerce shop is an online based store where the seller lists items for sale and customers search and select and order the ones they would like to purchase. The stage of the searcher's intent an e-commerce owner would focus on is the research stage. Their website should always be at the top of the potential customers' search engines. This would increase the likelihood of them committing and making a purchase.

7 0

3 years ago

Suppose students like to eat pepperoni pizza, bean and rice burritos, and hamburgers (made from beef) from the food establishmen

Blababa [14]

Answer:

c. The price of cheese increases

Explanation:

Since the resources (money) are limited, the students have to choose among the three options they like to eat from the food establishments on campus.

pepperoni pizza,
bean and rice burritos, and
hamburgers (made from beef)

Reasonably, they will choose to eat the food that optimizes the use of their money, i.e. they search to optimize the utility they receive.

Since cheese is a fundamental ingredient of pizza, if the price of cheese increases, the price of pepperoni pizza shall increase.

Thus, students will swift from eating pepperoni pizza to eating more food from the other establishments on campus, including hamburguers (made from beef).

Therefore, if the price of cheese increases, most likely the quantity of hamburgers sold will increase.

8 0

3 years ago

A manager who wants control over decisions and expects employees to obey is what type of manager

AfilCa [17]

The answer is b or a but I mean it both means the same thing, if this is on Plato it's a

3 0

3 years ago

Read 2 more answers

When making replacement decisions, the development of relevant cash flows is complicated when compared to expansion decisions.

fgiga [73]

Answer: True

Explanation:

Decision regarding an asset replacement is usually based on both the internal rate of return and the net present value of the incremental cash flows.

Therefore, it should be noted that this brings about the complications when comparing the development of relevant cash flows to the expansion decisions.

4 0

2 years ago

Which of the following statements about entrepreneurs is FALSE? A. Entrepreneurs are people who start a new business. B. Entrepr

9966 [12]

Answer:

C. Entrepreneurs aren’t exposed to any risk when starting a new business.

Explanation:

Entrepreneurs are the person who starts their own business and took a financial risk from the start. Entrepreneurs manage the activities on their own, develop new ideas. and create the team for the benefit of the organization

Therefore, Entrepreneur exposed to the financial risk while starting their own business

hence, the correct option is C.

3 0

3 years ago