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notsponge [240]
3 years ago
5

Grace Makutsi finally bought a pair of blue shoes that she had been coveting for a long time. In less than a week she discovered

that the shoes were uncomfortable. Grace went back to wearing her old pair and stashed away the new pair. When asked by her boss, Mme. Ramotswe why does she not simply give away the new pair, she said: "But I paid so much for them." Grace's behavior:
Social Studies
1 answer:
Ksivusya [100]3 years ago
4 0

Answer:

The correct answer is: Ignores the purchase price is now a sunk cost.

Explanation:

A sunk cost can be understood as money that has already been spent and therefore it is impossible to recover it. In other words, sunk costs are unrecoverable costs.

<u>It is a concept widely used in the economy, microeconomics, and business.</u>

<u>It is also known as retrospective cost. </u>

In conclusion, a sunk cost is a sum of money that was paid in the past and doesn't have any relevance in the present moment or the future.

In this particular case, Grace's behavior indicates that she is ignoring the fact that the purchase price of the pair of shoes is now a sunk cost.

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4 years ago
What are island?please help​
Scorpion4ik [409]

Answer:

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Explanation:

Island refer to a land which is surrounded by water. Though continents are surrounded by water , they are not refered to as island becausw an island is smaller than Continent and continent is big.

Island can be found in oceans, seas or rivers e.t.c.

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3 years ago
What is the definition of decentralized nerve net?​
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Read the passage and answer the question below.
sertanlavr [38]

Answer:

A. The French and Dutch relied heavily on trade alliances with Native Americans, while the Spanish did not.

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In the paragraph it follows that Samuel de Champlain who was a French explorer, talks about his contact with the Algonquians in a positive and friendly way. He speaks of friendship, of joint coexistence and of trade in techniques as well as providing settlers with part of what the natives hunt in exchange for goods that the French can give in return to the natives.

This differs from the approach of the Spaniards who, although they initially traded small quantities of objects such as mirrors for gold ornaments, focused solely on the exploitation and use of natives for their own gains, forced conversion and slavery.

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Learn more about Contractions at:

brainly.com/question/4393982

#SPJ4

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1 year ago
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