With scarcity at the base of all material economics the key operating principle is

1 answer:

4 0

With scarcity at the basis of all material economics, the key operating principle is Opportunity Cost. This is defined as the loss of potential gain from other alternatives when one alternative is chosen. If you have more of one thing, you must have less of another.

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What government organization formed to enforce antitrust laws and to make sure the interests of small businesses were protected

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Federal Trade Commission were formed for those very purpose.

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Indicate with the appropriate letter the nature of each adjustment described below: Type of Adjustment A. Change in accounting p

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Answer:

A. Change in accounting principle (reported retrospectively) - PR

B. Change in accounting principle (exception reported prospectively) - PP

C. Change in estimate - E

D. Change in estimate resulting from a change in accounting principle - EP

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Microsoft could set prices for users, and dictate user's behavior.

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The salient or important attributes about a particular product that a consumer bases his or her product evaluation on are called

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Answer:Evaluative criteria

Explanation:

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Assume that global cleaning service performed cleaning services for a department store on account for $180. how would this tran

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