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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.

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All of the following statements about the geography of meat production in the United States and Canada are true EXCEPT:
Softa [21]

Answer:

All of the following statements about the geography of meat production in the United States and Canada are true EXCEPT: Consumer demand for organic foods has significantly decreased the amount of meat produced by most agribusiness firms.

Explanation:

Organic foods are grown without the use of synthetic additives like fertilizer and pesticides for plants, antibiotics and growth hormones for animals.

Consumer demand for organic products due to its health benefits has not significantly decreased the amount of meat produced by most agribusiness firms. Instead, it has created another lucrative business niche for meat production corporations.

Organic foods are now being produced to meet the demand for it along side with those that are not organic.

There is however a higher charge associated with organic foods.

8 0
3 years ago
When kinko's replenishes its supply of copy paper, it most likely involves a _____ situation?
damaskus [11]
That he is adding paper to the copier
5 0
3 years ago
Accounting Professionals Inc. experienced the following events in 2014, its first year of operation:1. Performed services for $2
Andrews [41]

Answer:

Explanation:

The accounting equation is presented below:

Particulars       Assets   =               Liabilities   =             Stockholders equity  

                        Cash     Supplies          Account payable              Retained earnings

1. Service

Performed       $20,000                                                                    $20,000

2. Supplies

Purchased                       $4,000             $4,000

3. Supplies

Used                              -$3,000                                                         -$3,000

Total               $20,000  $1,000              $4,000                               $17,000

6 0
3 years ago
Tulip Corporation purchased equipment for $ 54 comma 000on January​ 1, 2017. On December​ 31, 2019, the equipment was sold for $
Digiron [165]

Answer:

Gain/loss= $1,000 loss

Explanation:

Giving the following information:

Original price= $54,000

Accumulated depreciation= $28,000

Seling price= $25,000

The gain or loss from selling an asset depends on the book value.

Book value= original price - accumulated depreciation

Book value= 54,000 - 28,000= 26,000

If the selling price is higher than the book value, the company gain from the sale.

Gain/loss= 25,000 - 26,000= $1,000 loss

6 0
3 years ago
On January 1, 2016, Brian's stock portfolio is worth $100,000. On September 30, 2016, $5,000 is withdrawn from the portfolio, an
defon

Answer:

1.93%

Explanation:

The time weighted rate of return will be computed by combining the return at every time period demarcated by a withdrawal/addition.

<em>Time 1: Jan 1, 2016 to Sep 30, 2016</em>

start value = 100,000; end value = (105,000+5,000) = 110,000

Return = \frac{110,000}{100,000}=1.1

<em>Time 2: Sep 30, 2016 to Sep 30, 2017</em>

start value = 105,000; end value = 108,000

Return = \frac{108,000}{105,000}=1.028571

<em>Time 3: Sep 30, 2017 to Dec 31, 2017</em>

start value = (108,000 + 3,000) = 111,000; end value = 100,000

Return = \frac{100,000}{111,000}=0.900901.

Therefore, time weighted return

= (1.1 * 1.028571 * 0.900901) - 1

= 0.019305

= 1.93%.

3 0
3 years ago
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