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
Anarel [89]
3 years ago
5

John pays $35 to have quick oil and filter change his car's oil every few months. he could change his own oil, but the time that

it requires would cost john far more than $35. this is an example of:
Business
2 answers:
Oliga [24]3 years ago
7 0
Opportunity cost would be the answer.
umka21 [38]3 years ago
6 0
 <span>A: No. We don't know who has an absolute advantage at oil changing- the problem doesn't say. 
B. Yes. John specializes in whatever he does, and the oil company specializes in changing oil, and both benefit. 
C. No. There are no restrictions on trade in this case. 
D. No. Opportunity cost is a factor in the problem, but it's increasing, not decreasing.

</span><span> So B is your answer (Comparative Advantage) </span>
You might be interested in
If people expected that a fiscal policy in the form of a tax cut was temporary, then this policy's effect on the economy would t
alexdok [17]

A tax cut's impact on the economy would typically be weaker if people anticipated that it would only be temporary.

This is due to the fact that fiscal policy often focuses on macroeconomic stabilization, which involves lowering taxes to support a struggling economy and raising taxes to fight inflation.

Taxation and expenditure measures taken by the federal government to stimulate the economy are referred to as fiscal policy.

Discretionary Fiscal Policy is the term used to describe budgetary actions taken by the federal government to alter the status quo economy or to control inflation.

When fiscal policies are put into practice, either government spending is reduced, taxes are raised, or both.

Learn more about Fiscal Policy here

brainly.com/question/26436500

#SPJ4

7 0
2 years ago
A firm with limited dollars available for capital expenditures is subject to ________.
scoundrel [369]

Capital expenditures are situation to Capital Rationing.

Capital rationing is the act of putting restrictions on the variety of recent investments or projects undertaken through an organization. that is done via enforcing a better cost of capital for funding attention or by way of putting a ceiling on specific quantities of finances.

Capital rationing is a method utilized by businesses or traders to restrict the number of initiatives they tackle at a time. If there may be a pool of to-be-had investments that might be all expected to be worthwhile, capital rationing enables the investor or commercial enterprise owner to pick the maximum profitable ones to pursue.

Single-period capital rationing takes place while there is a shortage of finances for one length only. Multi-period capital rationing is where there may be a scarcity of budget in a couple of periods.

Capital Rationing approach: together with net present price (NPV), inner price of going back (IRR), and Profitability Index (PI) Rank them based on diverse criteria, viz. NPV, IRR, and Profitability Index.

Learn more about Capital Rationing here:

brainly.com/question/17144099

#SPJ4

7 0
2 years ago
You are attending a training session on the principles that will help you do a better job of managing a new company-wide diversi
Vesnalui [34]

Answer:

Managing a Company-wide Diversity Program

1. The statement that effectively illustrates a diversity principle is:

Statement 2

You will be better able to increase the diversity of your workforce if you interview candidates with entry-level experience even though it might be ideal to hire someone with years of experience.

2. You should choose statement ___2______as the more appropriate strategy for managing diversity, since it is an example of__managing high standards_______.

3. The statement that indicates one of the diversity principles discussed during your absence is:

a. Surface-level diversity should not be treated as more important than deep-level diversity.

Explanation:

Workplace diversity is an important current topic.  Diversity encourages productivity, creativity, innovation, and increased customer service.  Diversity ensures that our limited worldviews are expanded to include others who are not, and do not think, like us but are humans created in Love and Mercy, to work with us, to make the world a better place.  In today's workplace, a diverse culture looks beyond the familiar-cultural boundaries to embrace diverse peoples without minding their sex, race, sexual orientations, education, and other human attributes.

4 0
3 years ago
When an individual qualifies for a lower premium or rate than standard risks, the insured is considered a?
Lana71 [14]

When an individual qualifies for a lower premium or rate than standard risks, the insured is considered a Preferred risk

What is an Insurance?

Insurance protection against loss is offered by insurance. It is a form of risk management that is mostly used to reduce the risk of a potential loss that is unknown or contingent. A business that provides insurance is known as an insurer, insurance firm, insurance carrier, or underwriter.

To learn more about Insurance

brainly.com/question/26285319

#SPJ4

5 0
2 years ago
During an OSHA inspection:
Zielflug [23.3K]
I believe the correct answer from the choices listed above is option C. During an OSHA inspection, you <span> have the right to talk to the inspector privately. Hope this answers the question. Have a nice day. Feel free to ask more questions.</span>
3 0
3 years ago
Read 2 more answers
Other questions:
  • Students can demonstrate that they qualify for the work-study program by completing the _____.
    14·2 answers
  • At the end of 2017​, Apple had cash and​ short-term investments of $ 74.48 ​billion, accounts receivable of $ 17.58 ​billion, cu
    5·1 answer
  • When units are moved from one processing department to the​ next, the cost associated with those units must also be moved from o
    5·1 answer
  • What is the law of demand?
    13·1 answer
  • TUU-PQVH-MFG LINK for those who are interested in Paranormal and those who have doubt on Paranormal​
    12·1 answer
  • Kristina is tempted to get a credit card now that she is in college. What is one fiscally responsible reason for Kristina to get
    9·2 answers
  • 8. Shelby owns a small gift shop in a tourist town in Devon. She has the following costs in the
    10·1 answer
  • The following information shows Carperk Company's individual investments in securities during its current year, along with the D
    9·1 answer
  • 3
    7·1 answer
  • Technical standards create benefits primarily for those firms that do not adhere to them. true false
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!