Advocacy groups are groups of concerned citizens who band together to try to influence the business practices of specific industries, businesses, and professions.
Explanation:
Advocacy groups are important components of consumer rights in the capitalistic market and are essential for maintaining good business practices in the capitalistic society where competition can take a hold over the moral situation that should in a sense dominate.
The advocacy groups that work this way are the ones who are a group of concerned citizens who band together to try to influence the business practices of specific industries, businesses, and professions. This is important for consumer rights for this sector to be strong.
Answer:
Opportunity Cost refers to loss of potential gain which could've resulted from other non chosen alternatives when one opts for an alternative. It's also defined as the next best alternative.
The Opportunity Cost of attending a 4 year college with full time schedule & living on campus would be the foregone income another student earns who works in an organization for those same number of hours for the same duration of 4 years and also the fees paid for those 4 years at the college which if would've been banked or invested would've yielded a return.
The reason for choosing a four year college experience over above mentioned alternatives could be the in the form of expected higher income once an individual avails a degree.
Answer:
B) $.10.
Explanation:
All the cost used in the production process is called production cost.
Capital cost = Units x Cost per unit = 2 x $10 = $20
Raw Material cost = Units x Cost per unit = 5 x $4 = $20
Labor cost = Units x Cost per unit = 8 x $3 = $24
Total Cost = Capital cost + Raw Material cost + Labor cost
Total Cost = $20 + $20 + $24 = $64
Cost per unit = Total cost / Number of units = $64 / 640 = $0.10
Answer:
Explanation:
i think the answer is third party creditors
Answer:
C ) central bank.
Explanation:
Central bank is also known as banker's bank or bank for commercial banks. They are custodians of cash reserves of commercial banks and lenders too. Commercial banks also store a percentage of it's deposit with commercial banks.
