1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
jarptica [38.1K]
3 years ago
6

Because resources are scarce, if society produces more of one commodity, it has to sacrifice some amount of another commodity. T

he amount sacrificed is A. a normative problem B. the out-of-pocket cost C. the opportunity cost D. the lost profit E. the total factor productivity
Business
2 answers:
ycow [4]3 years ago
8 0

Answer:

C.  the opportunity cost

Explanation:

The opportunity cost -

It refers to the amount of benefit received by the business , investors or an individual , during the process of selecting any alternative , is referred to as the opportunity cost .

These cost can be ignored very easily , in case not seen properly .

The opportunity cost can very well be used to any important and educational decisions for the betterment of the company or firm.

Hence , from the given information of the question,

The correct option is C.  the opportunity cost .

Mashcka [7]3 years ago
6 0

Answer:

The correct answer is letter "C": the opportunity cost.

Explanation:

The opportunity cost represents the return of the option chosen compared to the return that could have provided the option forgone. Opportunity cost can also be described as the return of the best next option available that was left behind after choosing another option. It is what was "<em>left on the table</em>".

You might be interested in
Which of the following is considered a cause of inflation?
inn [45]

Inflation means- A general increase in prices and fall in the purchasing value of money.

So if you think about the question and the definition, what answer involves the money going down and or up significantly?

The answer would be,

B, Producers raise prices to meet HIGHER cost.

          Hope this helps :)

8 0
3 years ago
Adamis the owner/operator of a flower shop. Last year he earned $250,000 in total revenue. His explicit costs were $175,000 paid
Degger [83]

A is the correct answer

4 0
3 years ago
Identify which of the following would generate an increase in the market demand for tablet devices, which are a normal good.
seraphim [82]

Answer:

The correct answer is letter "D": An increase in the number of consumers in the market for tablet devices.

Explanation:

Several factors can make the quantity demanded of a product increase. Mainly, <em>when the price of that good or service decreases the quantity demanded increases</em> (demand theory). However, there are some other factors such as the increase of the same product consumers in the market, who will directly ask for the good or service.

6 0
2 years ago
In a capitalist system, prices are controlled by A. the law of supply and demand. B. the Federal Reserve Board. C. the consumer
GrogVix [38]
A) the law of supply


i am in a business class about to go to college to major in business :)
3 0
2 years ago
The increased customer value achieved through performing organizational functions like marketing or manufacturing more efficient
Nuetrik [128]

Answer:

Synergy.

Explanation:

Synergy is the benefit that results when two or more agents work together to achieve something in a fruitful way, like the increased customer value, which either one could not have achieved on its own. It is the concept of the whole being greater than the sum of individual effects.

8 0
3 years ago
Other questions:
  • Jessica and ted wanted to hang out on saturday, but they wanted to do very different activities. jessica wanted to go look for n
    14·1 answer
  • Tyler Smithson owns Joe on the Run, a small chain of three cof- fee shops, all of which are facing a challenge that is common to
    15·1 answer
  • Caroline is a manager in a medium-sized logistics company, Wings, Inc. She always makes it a point to have long conversations wi
    12·2 answers
  • The United States is experiencing a decline of the middle class. What does this trend imply for the future of organizations such
    11·1 answer
  • Mark and Barry own the Warehouse Liquor Store in town. They are careful to pay all of their taxes in full and on time. Recently
    10·1 answer
  • Accountants at Idle Time Gaming, Inc. work with state-of-the-art systems that create financial statements every day, but the int
    12·1 answer
  • The "Right-to-Know" law requires your employer to have a written hazardous communication (HAZCOM) program including:
    9·1 answer
  • Suppose that it is friday night, that xavier and her friends have been out at a party, and that they are now heading home. suppo
    8·1 answer
  • What are the most important lessons you have learned about being a smart and savvy consumer?
    7·1 answer
  • What body of people do not have to worry about raising capital?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!