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Nutka1998 [239]
3 years ago
12

Which of the following statements ignores the concept of opportunity cost?

Business
1 answer:
frez [133]3 years ago
5 0
Its C. All choices involve cost
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Privatization is a way to a. shrink the federal budget by selling government services or property in the private sector. b. incr
kumpel [21]

Answer:

c. reduce government costs by relocating government programs to private groups or corporations.

Explanation:

Privatisation is reducing the share of government ownership & increasing the share of private ownership.

It can be done in two ways : Disinvestment of Public Sector Units (PSUs)  Equity , Transfer of PSU (s) ownership & management to private sector.

Privatisation by either of the two ways reduces the financial burden on government, by liberating them from management of public sector or state owned enterprises. This public private reallocation, hence reduces government costs or expenditure -  by assigning programs unnecessary to be done by public sector - to private groups or corporations.

Eg : When Indian Economy underwent New Economic Policy [Liberalisation, Privatisation, Globalisation] in 1991, it reduced government reserved sectors from 18 to only crucial 3 - Railways, Defence etc.

6 0
3 years ago
a contract clause which specifies the amount of damages to be paid in the event of a breach is called
goldenfox [79]

A contract clause which specifies the amount of damages to be paid in the event of a breach is called a liquidated damages clause.

When parties are entering into a contractual agreement, certain provisions are catered for in the contract which allows payment of a specified sum should one of the parties be in breach of contract. This is called liquidated damages clause.

The purpose of adding the clause ( liquidated damages clause) is to ensure sure parties to the contract understand and performs their duties accordingly.

Learn more at : brainly.com/question/12413891

5 0
2 years ago
Ann and Bob form Robin Corporation. Ann transfers property worth $420,000 (basis of $150,000) for 7 share in Robin Corporation.
Art [367]

Answer:

Explanation:

1. Ann does not recognize gain.

Bob gains 15,000 for his service

2. Ann has a basis of 150,000 and Bob has a basis of 45,000(30,000+15,000)

3. Robin Corportaion has a basis of 150,000 in the property Ann transferred and a basis of 30,000 in the property Bob transferred.

3 0
3 years ago
A scientific paper that has passed through the peer review process is more respected than one that has not. Why might a scientis
frez [133]

Answer:

B) The described experiment meets or exceeds the standards of good science.

Explanation:

When we say a scientific report that has been peer-reviewed, it means that it has been read and evaluated by other scientists. The peer-review process is meant to ensure the integrity and quality of the scientific publications. The peer reviewer should review the experimental design, the data and the analysis.

4 0
3 years ago
Read 2 more answers
What must a project manager do before creating a dependency schedule?
lora16 [44]
D. Identify which tasks are primary and which are dependent.
3 0
4 years ago
Read 2 more answers
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