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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
You might be interested in
Given the following exchange rates, which of the multiple-choice choices represents a potentially profitable intermarket arbitra
emmainna [20.7K]

Answer:

¥114.96/€

Explanation:

An intermarket arbitrage opportunity is the act of exploiting an arbitrage opportunity resulting from a pricing discrepancy among three different currencies in the foreign exchange market. Trading in foreign exchange takes place worldwide, the major currency trading centers are located in  London, New York, and Tokyo.

In the given question, if you reverse all three exchange rates by calculating 1/rate (change yendollar into dollaryen and so forth), the choice that represents the required opportunity is ¥114.96/€

7 0
3 years ago
The money supply curve _____. This shift could be caused by the Federal Open Market Committee's (FOMC's) open-market purchase of
lidiya [134]

Answer:

Shifts right

Explanation:

A rightward shift in the money supply curve indicates its increase. When the FOMC purchases Treasury bills, they purchase these securities with money, thus injecting more money into the economy and increasing the money supply.

7 0
2 years ago
The term capital, as used by economists, refers to A. money B. the physical space in which production occurs C. the time allocat
miskamm [114]

Answer:

The correct answer is option E.

Explanation:

The term capital refers to the machinery and equipment that are used to produce goods and services. These things are long lasting and are not exhausted in the production process.

It is one of the four factors of production and essential for production of goods and services. It is already produced durable good.

Financial securities such as stocks and bonds are financial capital and are different from capital goods or capital assets.

7 0
3 years ago
The price of houses in Bellevue area has been increasing by 10% since last year, according to Zillow.coma.) This is a normative
Andre45 [30]

Answer:

option D  This is a positive statement

Explanation:

According to the Positive statement , it is factual and simply describing in nature.

The statement is not judgmental in nature.

While the Normative statement is judgmental in nature

Also, normative statement specifies what ought to be done.

In the statement given in the question, fact is providing about the Bellevue area by Zillow.com.

4 0
2 years ago
_______ is the phenomenon of the shifting of individual management styles to become more similar to one another.
Minchanka [31]

Answer:

Convergence

Explanation:

Convergence meaning that the two different entities are coming together. It is also defined as the tendency of the group members to become more alike. It is also known as the company culture, in the sense, that the people who work there, tend to have the similar characteristics.

Therefore, the convergence is the phenomenon which states the shifting of the styles of the individual management in order to become more similar to one another.

3 0
2 years ago
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