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evablogger [386]
3 years ago
6

Joe sold gold coins for $1000 that he bought a year ago for $1000. He says, "At least I didn't lose any money on my financial in

vestment." His economist friend points out that in effect he did lose money, because he could have received a 3 percent return on the $1000 if he had bought a bank certificate of deposit instead of the coins. The economist's analysis in this case incorporates the idea of what?
opportunity costs T/F
Business
1 answer:
Sav [38]3 years ago
8 0

Answer:

TRUE

Explanation:

Opportunity cost refers to those costs that can help us save more money. When we move from one investment to another, then the additional income from the other investment is called opportunity cost.

In this case, if Joe chooses Invest in a bank deposit in the place of Gold coins, he can enjoy 3% more return at the place of no profit and loss, so Joe had loss his 3% opportunity cost.

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e exportation of large quantities of a product at a price lower than that of the same product in the home mark
Dominik [7]

The exportation of big portions of a product at a rate decrease than that of the identical product withinside the domestic mark. dumping.

The required details about Dumping is mentioned in below paragraph.

Dumping is a time period used withinside the context of global trade. It's while a rustic or company exports a product at a rate this is decrease withinside the overseas uploading marketplace than the rate withinside the exporter's home marketplace. Because dumping typically includes considerable export volumes of a product, it regularly endangers the economic viability of the product's producer or manufacturer withinside the uploading nation.

Dumping is taken into consideration a shape of rate discrimination. It happens while a producer lowers the rate of an object getting into a overseas marketplace to a stage this is much less than the rate paid through home clients withinside the originating country. The practice is taken into consideration intentional with the intention of acquiring a aggressive advantage in the uploading marketplace.

To learn about Dumping visit here.

brainly.com/question/9493663

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8 0
1 year ago
At a point when Robin Corporation has been in existence for six years, shareholder Ted transfers real estate (with an adjusted b
Zigmanuir [339]

Answer:

  • It appears that Ted wants to gain control per the requirements of section 351. However, Ted was short. Ted only has 79% of the stock ownership and not 80% or more. There for he does not have control. Since he does not have control, he is unable to qualify for the nontaxable transaction under section 351.

  • The Regulations provide that stock issued for property whose value is (equal/ relatively small/ relatively large) compared to the (fair market value of the assets/ value of the stock already owned) will not be treated as issued in return for property.

Explanation:

6 0
3 years ago
_____ refers to what each party gets in exchange for his or her promise under a contract.
wlad13 [49]
Consideration refers to what each party gets in exchange for his or her promise under a contract. A contract has four elements: agreement, consideration, contractual capacity, and legal object. Agreement refers to the contract itself, consideration to the results of the contract, contractual capacity represents your legal ability to sign the contract, and legal object is the purpose of the agreement.
4 0
3 years ago
Which of the following is absolutely necessary for successful implementation and operation of MRP? (I) accurate inventory record
frez [133]

Answer:

(A) I, II, and IV only

Explanation:

The Material Requirements Planning MRP is used to calculate tha materials needed for production. It may be done by software but it can be done without any technological tool.

The most important information for MRP is about the available inventory for future production, in this way the company will know what materials are needed for future production. To provide the materials on time it is necessary to know the master schedules of production, making sure that the supplies will be ready on time for manufacturing process. Finally, the accurate Bills of materials are used as a check list to verify that there is not any pending component for the production process. Even when the MRP may include costs, it is not a vital component for the system and some companies can have MRP without including costs.

4 0
3 years ago
Adam, the owner of The Toy Box (a toy store), has chosen his products carefully. They are all handmade of wood; none are cheap g
xz_007 [3.2K]

Answer:

b. blue ocean strategy

Explanation:

Instead of competing against rival companies in the mass-produced games market (red ocean), Adam is carving out his own market by offering the consumer a higher end product that, although is still composed of games, consists a in whole new segment with much less competition, if any (blue ocean).

Therefore, the correct answer is b. blue ocean strategy

4 0
3 years ago
Read 2 more answers
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