The potential benefits a person or business supplies when getting an
economic decision is called the opportunity cost.
<h3>What is an opportunity benefit in economics?</h3>
Opportunity cost is the decision that one takes in order to get something. The benefit is the decision that a person gives in personal or professional life.
If the outcome of the decision is in favor than the opportunity cost is in benefit and if the decision has consequences than the opportunity cost is in loss.
Thus, option C is correct.
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First, it really important for me not to raise my voice. i need to maintain my emotion no matter how rude the customer on the phone might be.
Then i will patiently explain the truth about the situation (her friend did not book at my hotel) and i will try to calmly persuade her to ask her friend about the further detail of the booking
It would actually be an increased production by the business.
Haha, I had to think for a tiny bit and re-check my answer to make sure it was right before giving it. Would hate to see you get it wrong.
Answer:
Answer is USD 5,540
Explanation:
By applying Expected profit formula we get:
= (33000*0.11)+(15000*0.37)+(-7000*0.52)
= $5,540
The four primary functions of managers are planning, organizing, leading, and controlling. By using the four functions, managers work to increase the efficiency and effectiveness of their employees, processes, projects, and organizations as a whole.
