Most time, it is reasonable to refer to the opportunity cost as the price because it entails the benefit of the foregone good or service.
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What is an opportunity cost?</h3>
It refers to a value of what is rejected in order to perform the chosen alternative, that is, the value one have to give up to buy what you want in terms of other goods or services.
Therefore, it is sometimes reasonable to refer to the opportunity cost as the price because it entails the benefit of the foregone good or service.
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Answer: The contracting of physical distribution tasks to third parties who do not have managerial authority within the marketing channel is known as outsourcing.
Explanation: Outsourcing can be a great move for many companies because often times they are able to receive the product cheaper through cheaper labor or have a supplier that focuses on just that one thing develop it better. Outsourcing allows someone who is better skilled in a particular area make a good or act on a service rather than the initial company.
Answer:
About 2,900 gallons of milk per year according to the internet
Which career requires less education than an Auditor?
A) Accountant
B) Bookkeeper
C) Credit Analyst
D) Financial Manager
