Answer:
c. Implement a plan of action.
Explanation:
You already made your decision, so you've already considered all the outcomes and checked whether you have the resources needed for this. So the only thing left to do is to implement the plan of action
Answer:
The correct answer is option d.
Explanation:
The total economic costs include both explicit as well as implicit costs. The explicit costs are the direct costs incurred and the implicit costs are opportunity costs.
An increase in the opportunity cost will cause the total economic costs to increase. The net benefit is the difference between the total revenue earned and the total cost incurred. An increase in the opportunity cost will cause a net benefit to decrease as total costs will increase.
Had to look for the options and here is my answer:
Because of the existence of diminishing returns to capital, increasing the physical capital amount by two that is available for one worker to utilize will enlarge the outcome by less than a factor of two.
Answer:
explain how a command economista diferrs fron
Answer:
The warehouse should be recorded at $600000
Explanation:
The historical cost pricniple or convention is a really important convention in accounting that states and requires that assets should be recorded in the books at the orignal price thata was paid for them at the time of purchase. Thus, basing our decision on the historical cost principle, as Green Enterprises purchases the warehouse at a cost of $600000, it should be recorded at this cosy only.
