Answer:
ΔBrad /ΔBeef
Explanation:
Opportunity Cost is the cost of next best alternative forgone while making a choice. Eg : If a school teacher is Rs 20000, he / she could have taken coaching classes & earned Rs 15000, the opportunity cost of school teaching is coaching earnings i.e Rs 15000.
Marginal Opportunity Cost is the quantity of a good sacrifised to gain an additional quantity of another good .
MOC = Δ good sacrifised /Δ good gained.
MOC (Brad for a Beer) = ΔBrad /ΔBeef
{∵beef = good sacrifised , brad = good gained}
<span>Prepaid expenses are eventually expected to become expenses when their future economic value expires.
A common example of prepaid expenses are insurance/insurance polices because they are something you pay for in advance even though you may not need until a time in the future. Prepaid rent is also a prepaid expense because you are paying in advance for a future month. These items until used are considered an asset to the company. </span>
I think you will acccess the money when ur 18 years old
Answer:
- divide the dollar return by the investment's value at the beginning of the period.
Explanation:
For computing the percentage of return of an investment, we need to apply the formula which is shown below:
Return on investment = (Return) ÷ (investment value)
where,
Return shows the benefit or the profit earned or it can be the net profit whereas investment shows the original cost of the investment
Hence, option a is correct
1. All of the following were powers given to the federal government by the National Banking Acts of 1863 and 1864 EXCEPT D. to dismantle privately owned banks
2. When economists measure opportunity cost to help determine the true value of economic decisions, they consider both the D. monetary and human value.
3. Which of the following was NOT an economic institution created in Europe to help foster economic unity among the countries there? D. European Union (EU)
4. Though the challenges of decision making are similar at all levels of the economy, B. the impact decreases as more people are involved.
I think that the impact decreases as more people are involved because these people will be able to analyze many more aspects involving a decision as well as its corresponding consequences. The decision made will be a result of consensus among the people involved for the benefit of the majority if not all.
5. All EXCEPT which of the following options could describe the statement below?
You get something and you give up something else.
B. consumer sovereignty – This is a situation where the desire of the consumer affects the production of their desired goods.
6. Who proposed the first bank of the United States?
B. Alexander Hamilton – He officially proposed the creation of the first bank during the first session of the First Congress.
7. As an economic institution, nonprofit organizations include D. professional organizations. The main purpose of these organizations is to make their profession better or more valuable for the people practicing the profession as well as for the benefit of the general public.
8. In economics, economic institutions serve to A. help establish and keep participation in the economy fluid.
9. Who is credited with first using cost-benefit analysis?
B. Jules Dupuit – A French engineer and economist. He wrote an article in 1848 where the concept of Cost-Benefit analysis was presented.
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