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Troyanec [42]
3 years ago
9

If you miss two days of work to visit several different apartments available for rent is an example of _______ cost?

Business
1 answer:
salantis [7]3 years ago
3 0

The answer to the question is a term called search costs.

Search costs refer to costs that a potential customer incurs when he or she chooses to search for a better product or service until the marginal cost of searching exceeds the marginal benefit. This is a behavior that rational consumers would engage in - one that the individual is engaging in by visiting several different apartments.

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Dexter loses his breach-of-contract case against micheletta in a georgia state trial court. dexter appeals to the state court of
Wittaler [7]

After Dexter appeals to the state court of appeals and loses again, he files his next appeal with the <u>Georgia Supreme Court</u>.

<h3>What is a Court hierarchy?</h3>

This refers to the arrangement of courts in the method through which appeal flows. If the judgement at the lower court is not satisfying, an appeal can be made to the higher court in order to get redress and justice.

In conclusion, the Supreme court is the highest court in the Georgia state after the Court of appeal.

Read more about Court system

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6 0
1 year ago
Fixed costs Blank______. Multiple choice question. are only as fixed as production volume remain at the same level despite chang
zheka24 [161]

Answer: remain at the same level despite changes in production

Explanation:

4 0
2 years ago
Instead of attending class, one could have worked an extra hour at the café for $10 or watched a neighbor’s child for $15. the o
Lina20 [59]
The opportunity cost of attending class is the $15 that could have been made by watching a neighbor's child.
Opportunity cost refers to the benefits that one gives up in order to enjoy another benefit, that is, the benefit that is sacrificed.
In this question, two benefits are given up, but the real opportunity cost is the one that have the highest value, which is the $15.
6 0
3 years ago
Which of the following are true about productive efficiency? I. All available resources are employed in production. II. Workers
dalvyx [7]

Answer:

III. Points on the PPF curve are the only ones that achieve "productive efficiency"

Explanation:

What is true about productive efficiency is that Points on the PPF curve are the only ones that achieve "productive efficiency".

Productive efficiency is an economic term that is concerned with producing goods and services with the optimal combination of inputs to produce maximum output for the minimum cost.

For it to be said that an economy is productively efficient means the economy must be producing on its production possibility frontier

Hence productive efficiency happens when production is reportedly occurring along a production possibility frontier (PPF).

7 0
3 years ago
Which of the following would further an economic goal of efficiency?
max2010maxim [7]

Answer:

The correct answer is (C)

Explanation:

Economics is all about allocating limited resources to attain maximum utility. In that regard, efficiency can be achieved by giving contracts to companies with higher productivity. These companies are all about attaining maximum productivity by investing limited resource. More productivity will increase the utility, and that will improve economic efficiency. So it is critical to give projects and contracts to certain companies which can increase the overall productivity.

7 0
3 years ago
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