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Lostsunrise [7]
3 years ago
15

You think hard about how to allocate the next hour between watching football and going for a walk. You decide to spend the first

40 minutes watching football and the remaining 20 minutes going for a walk. Your decision is an example of​ _______.
Business
1 answer:
gizmo_the_mogwai [7]3 years ago
6 0

Answer:

Making a choice at the margins

Explanation:

Making a choice at the margins is when you decide to do more or less of an activity instead of doing it or not and in order to make the decision you analyze the benefit and the cost of spending more time doing that specific activity. According to this, the answer is that your decision is an example of making a choice at the margins  because you decide how to spend an hour between watching football and going for a walk.

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<h3>What are business activities?</h3>

Business activities can be defined as kinds of activities firms conduct for achieving their purpose. It helps in generating revenues and ensuring business continuity.

The major three types of activities are operating, investing, and financing activities. Operating activities support the entity's primary purpose. Financing deals with collecting funds for financial strength and growth. Investing activities are when a business invests in long-term assets.

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1 year ago
Create a memo. The memo should include all parts of a memo and these parts should appear in the correct order. In your memo, giv
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7 0
3 years ago
Read 2 more answers
Even when competitive firms are unable to calculate marginal revenue product directly, _________________________________________
GenaCL600 [577]
Even when competitive firms are unable to calculate marginal revenue product directly, the pressures of competition in the labor market will push wage rates toward the marginal revenue product of labor. 
By comparing the marginal revenue<span> and </span>marginal<span> cost from each unit produced, a </span>firm<span> in a </span>competitive<span> market can </span>determine<span> the </span>profit<span>-maximizing level of production.</span>
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Answer:

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2 years ago
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