1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
koban [17]
3 years ago
14

Share an example from your life where you had to make a choice knowing that you are giving up opportunities for doing or gaining

something else..Tell us about your thinking process and how you arrived at the final choice you made. Would you make the same choice gain?
Moreover, why do consumers make choices when they acquire something (jobs, money, friends, vacations, sleep, living places, etc.), and why do individual producers or nations have to choose the type, quality, and quantity of what they produce?
Business
1 answer:
Alik [6]3 years ago
7 0

Explanation:

I would have to give up my dream of getting an economics degree because I felt that an economics degree would give me a more stable future. My parents always believed that, after finishing my education, I should pursue my acting career.

I'd make another choice, since I'm happy with my job now. If I choose to perform, I should have struggled a lot.

Consumers C make decisions because each action has a risk cost. You can't do two things at the same time and must choose one.

Individual producers / nations must choose what they are to produce, how they are to produce and how much they are to produce, as their resources are limited and their alternatives are being applied.

You might be interested in
g __________ conversion is the least expensive and highest risk IS conversion strategy because the old system is cut off and the
Lina20 [59]

Answer:

Direct

Explanation:

There are different types of conversion systems. Example includes the direct conversion and parallel conversion.

In this conversion system, users stops using the old system one day and starts using the next system the next.

Its requires fewer resources and is simple if nothing goes wrong. Risk involved mostly if the hardware and software are old or at a cutting edge.

Direct conversion is said to be an abrupt change where the the old system is simply unplugged and the new system is turned on. It does not allow users with any choice but to work with the new system. It is said to be risky and least cost.

8 0
3 years ago
The basic difference between macroeconomics and microeconomics is:
I am Lyosha [343]

Answer:

The correct answer is option C.

Explanation:

Microeconomics is the branch of economics that studies the behavior of individual economic agents such as a single firm or a single consumer. For instance, it deals with variables such as demand for a single consumer or a supply from a single firm.  

Macroeconomics is that branch of economics that studies the entire economy as a whole. It deals with variables such as inflation, unemployment rate, etc.

3 0
3 years ago
The _____officially occurs during your oral report at the hospital, not as a result of your radio report en route.
tigry1 [53]
The transfer of care officially occurs during your oral report at the hospital, not as a result of your radio report en route.
4 0
4 years ago
In competitive settings, profits will lead firms to _________________ and losses will lead firms ___________, so the incentives
wel

Answer:

The correct answer is: enter the market; exit the market.

Explanation:

In a perfectly competitive market, there is no restriction on entry and exit of firms. So profits will attract other potential firms to join the market. And when the existing firm incurs losses it will cause them to stop operating and exit the market.  

Because of this, the firms in competitive settings are motivated to produce at a low cost and they come up with new ideas to please customers so that they earn a profit.

5 0
3 years ago
Thomas bought 25 shares of stock at $59.25 per share. He received
Mrac [35]

Answer:

=8.8%

Explanation:

ROI  is return on investments. It is calculated by the formula below.

ROI = net gains/ invested capital x 100

net gains in this case will be

Dividends = $74.06

Appreciation in price = ($61.50 x 25) - ($59.25 x 25)

=$1,537.5 -  $1,481.25

=56.25

Total gain = $56.25 + $74.06

=$130.31

ROI = $130.31/1,481.25 x100

ROI= 0.087972 x 100

=8.79

=8.8%

8 0
3 years ago
Other questions:
  • During the current year, Jules Company incurred the following product costs: Direct materials used in production $250,000; Direc
    8·1 answer
  • When lucy, your manager's administrative assistant, tells you to sign and submit any paperwork to her immediately, you comply by
    15·1 answer
  • Scot and Tiffany create an implied-in-fact contract. The parties’ conduct:
    10·1 answer
  • Decisions about where to look for applicants is a critical element of an organization's recruitment strategy. Recruitment source
    8·1 answer
  • Read the scenario. The citizens of Country D have noticed that the average prices of most goods within their nation have begun t
    7·2 answers
  • Hope receives an $18,500 scholarship from State University. The university specifies books, supplies, and equipment, while $10,0
    6·1 answer
  • On March 1, 2019, Baltimore Corporation had 65,000 shares of common stock outstanding with a par value of $5 per share. On March
    15·1 answer
  • Assume the market for ball bearings is purely competitive. Currently, each of the firms in this market is earning positive econo
    13·1 answer
  • 1. A master budget________. a) is the initial plan of what the company intends to accomplish in the period and evolves from both
    6·1 answer
  • Acel Co. uses the allowance method to account for bad debts. Early in 2010, Acel determined that it could not collect $400 from
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!