Why should you always consider the opportunity cost when making a significant purchase?

1 answer:

vladimir2022 [97]3 years ago

8 0

You should always ponder the opportunity cost when making a important purchase to make sure you choose making a payment that would be most beneficial for you. Opportunity Cost refers to the financial opportunity that is given up because you choose to do something else with your money

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4. Why is China's entry into the WTO important for multinational companies like PepsiCo?

larisa86 [58]

Answer= Because the United States is already a WTO member, it does not have to lower any trade restrictions as a result of China's entry. In fact, China's entry will help reduce the trade deficit between the United States and China

7 0

3 years ago

If an expansionary policy pushes output beyond the full employment level of gdp:

olga55 [171]

The natural rate of unemployment will drop in this instance. By increasing spending and/or decreasing taxes, aggregate demand is boosted, leading to more people being employed to meet the demand. This moves the natural rate of employment out to a greater level than previously experienced.

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3 years ago

Simone is the only provider of pumpkins for three cities. Because she has her own large garden, the marginal cost to produce an

Ainat [17]

Answer: hi your question has some missing data attached below is the missing table

answer : $9

Explanation:

If Simone practices price discriminations across cities i.e. charging different prices across city instead of charging a single price

To determine the additional profit we will apply the formula below

Profit made from charging different prices - profit made from charging a single price

= ( ( $11 * 4) + ( $9 * 4 ) + ( $10 * 5) ) - ( $11 * 11 units )

= $130 - $121

= $9

Note : For a single pricing system Simone will sell only 11 units at a unit price of $11

while for different pricing system Simone will sell 4 units in city A at$11 , 4 units in City B at $9 , 5 units in city C at $10

7 0

3 years ago

_______ goods are usually located close to the checkout counter because consumers will put forth a minimum level of effort to ob

nikdorinn [45]

Convenience goods are usually located close to the checkout counter in grocery stores. Some examples are candy and magazines. Since a convenience good can be found easily, it does not require the buyer to go through the process of an intensive decision-making.

5 0

4 years ago

A home in a residential zone is converted to an antique store. This would be an example of

umka2103 [35]

Answer: Illegal home use.

Explanation:

An illegal home use is when an additional structure is added to an already existing building, or a building is converted to be used for another purpose other than the original plan or purpose for the building which was approved by the government agency in charge city planning.

Illegal home use can lead to: overcrowding, obstruction of emergency fire exits, and exposing building occupants and neighbors to unsafe conditions.

Converting a residential home to an antique store is an example of illegal home use.

8 0

3 years ago

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