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Annette [7]
3 years ago
8

When most economists wake up in the morning, their first decision is whether or not to his the snooze button on the alarm clock.

Business
1 answer:
lions [1.4K]3 years ago
3 0

Answer:

The correct answer is letter "E": The marginal benefit of sleeping 10 more minutes is greater than the marginal benefit of 10 more minutes of work.

Explanation:

Marginal Benefit is an economic term that describes the maximum amount a consumer is willing to pay for an additional unit of a good or service. Typically, the marginal benefit decreases as long as the person consumes more of that good or service. The price-benefit relationship is inversely proportional.

In the example, the marginal benefit of sleeping 10 minutes more must be greater than the marginal benefit of working 10 more minutes if economists choose to sleep a little bit more.

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The difference between a company's strategy and a company's business model is that.
Deffense [45]

The Difference between a company's strategy and a company's business model is: company's strategy  explain how a company will use the money they make and a company's business  model explain how company make their money.

<h3>Difference between a company's strategy and a company's business mode</h3>

A  company business model  tend to show how an organization or company function including how they generate revenue .

While a  company's  business strategy tend to tell what the company will use the money they make or generated for .

Inconclusion a company's strategy  explain how a company will use the money they make and a company's business  model explain how company make their money.

Learn more about  company's strategy and a company's business model  here:brainly.com/question/24448358

8 0
2 years ago
Applying the concept of opportunity cost to the pollution of a lake, an economist probably would conclude that: pollution should
Andreyy89

Answer:

The correct answer is c) pollution should be eliminated as long as the benefit from the cleanup exceeds the opportunity costs.

Explanation:

The opportunity cost is presented in situations where there are two or more good options, so the company must choose the option with more benefits leaving the second one that is known as the opportunity cost. The opportunity cost must have lower profits than the option selected.

For example, in the case of the pollution of a lake, the economist concluded that the elimination of pollution should be chosen if the benefit is more significant than the second-best option.

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<em>I hope this information can help you.</em>

4 0
3 years ago
Your favorite photo can now be printed on your favorite credit card. You can design your own dresses online and have them sent t
meriva
3. Mass customisation
4 0
3 years ago
On december 1 victoria company signed a 90 day 4% note payable with a face value of 15,000 what amount of interest expense is ac
xz_007 [3.2K]

Interest Expense

The cost of borrowing money is referred to as interest expenditure. Interest expenditure in the income statement might represent the cost of borrowing money from banks, bond investors, and other sources.

Main Content

$50

A note payable is a type of financial instrument. In this case, the note payable is due in three months. So, after one month, we will record the following interest on the note payable:

15000*4%*(3/12) = 150

For 1 month = 150/3  =  50

The note payable was sold on December 1, and we must calculate its interest on December 31, which is one month later. As a result, we will divide total interest 150 by 3. This will provide us with one month's interest.

To learn more about Interest Expense

brainly.com/question/10339173

#SPJ4

4 0
1 year ago
Suppose that a country's annual growth rates over a 10-year period are as follows: year growth rate 1 5% 2 3 3 4 4 – 1 5 – 2 6 2
tino4ka555 [31]
A.) The country's trend rate of growth over this period was 4.2% = (2+3+3+4+4% 1+5<span>% </span><span>2+6 +2+7+3+8+4+9+6+10+3/18)
   
b.)6-9 due to positive and increase.</span>
3 0
3 years ago
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