In high or low income economies around the world.
Answer:
opportunity cost, the elderly woman is alsotaking a cost by not doing nothing as it renounce to doing the walks to obtain safety at home.
Under economics concepts everything has at least one opportunity cost associated with it.
Explanation:
The opportunity cost represent the best alternative we renounce for the given course of action or use of the resources.
In this case not going to walk has the cost walking.
Answer:
The net cash flow is $560,000
Explanation:
The computation of the net cash flow is shown below:o
= Operating income + depreciation - tax expense
= $700,000 + $140,000 - $280,000
= $560,000
The tax expense is calculated by
= Operating income × tax rate
= $700,000 × 40%
= $280,000
For computing the net cash flow, we have to add the depreciation expense and deduct the income tax expense.
Answer:
Skilled labor
Explanation:
As per the modern economic growth theory, the economic growth would be possible via expenditure done on research & development and have the knowledge regarding innovations so for this the skilled labor is required that helps in research & development and so for innovations
So as per the given statement, the skilled labor is the correct option
Hence, the same is to be considered
