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
Flura [38]
2 years ago
7

Select the correct answer.

Business
1 answer:
Aleksandr [31]2 years ago
3 0

The value of the second-best alternative that a person gives up when making a choice represents the opportunity cost. The answer is C.

<h2 />
You might be interested in
Consider Boeing​ (a producer of jet​ aircraft), General Mills​ (a producer of breakfast​ cereals), and Wacky​ Jack's (which clai
Naddika [18.5K]

Answer:

The long run is longest for Boeing because aircraft production requires​ large, specialized machines and shortest for Wacky​ Jack's because providing singing telegrams requires primarily labor.

Explanation:

The current panorama of commercial aircraft manufacturers presents, due to the important high-tech entry barrier that there is a competitive situation between two major manufacturers: the European Airbus consortium and the North American company Boeing. There are many other construction companies, but their technological or production level is far behind them.

But apart from the commercial competition that exists between these manufacturers, logical on the other hand, both share a common interest in their respective strategies by focusing their research, design and manufacturing activities on ensuring the maximum reliability of their aircraft, since it The security they provide during their operational life will depend.

I do not exaggerate if I affirm that no other transport-related industry is subject to such exhaustive processes for its design, manufacture and maintenance as the air transport-related industry, which does not prevent failures from time to time. , some even unsuspected.

3 0
3 years ago
Solving for dominant strategies and the Nash equilibrium
Svetach [21]

Question Completion:

Matrix payoff:

                                              Sharon

                                  Left              Right

Paolo     Left              8,  3             4,   4

              Right           5,  3             5,   4

Answer:

The only dominant strategy in this game is for ___Paolo______ to choose ____Right______.

The outcome reflecting the unique Nash equilibrium in this game is as follows: Paolo chooses ____Right______ and Sharon chooses __ Right_____.

Explanation:

a) Paolo's dominant strategy is the strategy that always provides the greater utility to Paolo, no matter what Sharon's strategy is.  In this case, the dominant strategy for Paolo is to choose RIGHT always.

b) The Nash Equilibrium concept determines the optimal solution in a non-cooperative game in which each player (e.g. Paolo and Sharon) lacks any incentive to change their initial strategies. This implies that each player can achieve their desired outcomes by not deviating from their initial strategies since each player's strategy is optimal when considering the decisions of the other player.

3 0
3 years ago
PLEASE HELP ASAP PUT ALL MY POINTS IN PLS HELP :)
Alexxandr [17]
People a rude just putting in random letters like “e”
3 0
3 years ago
Read 2 more answers
) Prestwich Company has budgeted production for next year as follows: First Quarter Second Quarter Third Quarter Fourth Quarter
grigory [225]

Answer:

165,000 pounds ($495,000)

Explanation:

To determine the budgeted purchases of material A in pounds for the second quarter, prepare a Materials Purchases Budget as follows :

<u>Materials Purchases Budget</u>

                                                                                                    Pounds

Materials Required for Production (80,000 x 2)                     160,000

Add Closing Materials Inventory (90,000 x 2 x 25%)              45,000

Total Materials                                                                          205,000

Less Opening Materials Inventory (80,000 x 2 x 25%)          (40,000)

Material Purchases                                                                    165,000

Cost per unit                                                                                       $3

Budgeted Materials Cost                                                       $495,000

6 0
2 years ago
How are traditional economies like free-market economies?
shutvik [7]
The last one. hope it helps!
7 0
3 years ago
Read 2 more answers
Other questions:
  • Best Rate Inc., an insurance company, has seen considerable growth in its telephone-based direct sales division. The management
    14·1 answer
  • James purchased a new business asset (three-year personalty) on July 23, 2019, at a cost of $40,000. James takes additional firs
    13·1 answer
  • A member in a cartel can earn more profits byA) charging a slightly lower price and raising production.B) producing less than th
    9·1 answer
  • While waiting in line to buy one cheeseburger for $1.50 and a medium drink for $1.00, Sally notices that she could get a value m
    11·1 answer
  • What is the total stockholders' equity based on the following account balances?
    8·1 answer
  • Hobson Company bought the securities listed below during 2020. These securities were classified as trading securities. In its De
    12·1 answer
  • Marketing is the process of combining the conception, pricing, promotion, and distribution of goods or services to create exchan
    15·1 answer
  • Donn Luxury Resort has just received a utility expense of $45,000. However, the utility expense for Donn was budgeted as $38,700
    12·1 answer
  • Port Ormond Carpet Company manufactures carpets. Fiber is placed in process in the Spinning Department, where it is spun into ya
    12·1 answer
  • If an entrepreneur needs help with valuation, they should ______. turn to online sites like BizBuySell and BizQuest rely on the
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!