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Kobotan [32]
3 years ago
6

Which of the basic principles of economics is at work in the following situation? You decide how many cups of coffee to have whe

n studying the night before an exam by considering how much more work you can do by having another cup versus how jittery it will make you feel.
Business
1 answer:
Lelu [443]3 years ago
6 0

Answer:

The answer is: Cost-Benefits Analysis

Explanation:

A cost benefit analysis is done to identify the benefits of an action as well as the associated costs. You then subtract the costs from benefits, and if the numbers are positive you know it´s a good project. But if the costs are too big and offset the benefits, then the project is no good.

In this specific case, you have to balance the cost of drinking an extra cup of coffee (how jittery or nervous it makes you feel) with the benefits of drinking that cup of coffee (all the extra work you can do). Usually someone will keep studying and drinking coffee until they just can´t bear standing awake. It also depends on how much you really need a good grade on that specific test.

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A decrease in the supply of a good can be expected to cause ____ in the equilibrium price of the good and ____ in the equilibriu
JulsSmile [24]

Answer:

Increase, Decrease

Explanation:

A decrease in the supply results in many buyers competing for very few goods. If the demand is constant, the quantity supplied and price have an indirect relationship. A decrease in the volume of supplied results in an increase in price. Many buyers will be competing for a few products causing the equilibrium price to increase.

A decrease in supply will cause the quantity available for buyers to buy to decline. Consequently, the volume purchased will be fewer.  Equilibrium quantity will, therefore, decrease.

4 0
3 years ago
Of the various business-level strategic alliances, __________ alliances have the most probability of creating sustainable compet
Vikki [24]

Answer:

Of the various business-level strategic alliances, <u>VERTICAL COMPLEMENTARY</u> alliances have the most probability of creating sustainable competitive advantage, and <u>COMPETITION REDUCING</u> have the lowest.

Explanation:

A vertical complementary alliance takes place between a manufacturer and a supplier that come together. This usually happens through a requirements contract where the supplier agrees to only sell its materials, components and parts to the manufacturer and the manufacturer agrees to only purchase the components, materials and parts needed from that specific supplier.

On the other hand, competition reducing alliances are generally horizontal alliances where companies agree to work together in order to reduce uncertainty, instead of focusing on gaining market share.

4 0
3 years ago
On January 31, 2021, B Corp. issued $900,000 face value, 12% bonds for $900,000 cash. The bonds are dated December 31, 2020, and
rosijanka [135]

The amount of accrued interest payable should B report in its September 30, 2021, balance sheet is: $27,000.

<h3>Accrued interest payable</h3>

Using this formula

Accrued interest payable=(Face value×Bond percentage)/Number of months

Let plug in the formula

Accrued interest payable=($900,000×12%)/12×3 months

Accrued interest payable=$27,000

(July 01 to September 31=3 months)

Inconclusion the amount of accrued interest payable should B report in its September 30, 2021, balance sheet is: $27,000.

Learn more about accrued interest payable here:brainly.com/question/7289766

6 0
2 years ago
How often do most entrepreneurs
madam [21]

Answer:

B. they spend every other day making decisions, because with every passing day trends changes.

7 0
3 years ago
Most of the significant decisions in contemporary organizations are made under which decision-making condition?
ivanzaharov [21]

Answer:

A state of uncertainty.

Explanation:

The state of uncertainty is a condition of decision making that can be defined as the risk associated with the manager of making an ineffective decision to solve the expected problem. This is due to the complexity of the current business environment, which ensures that there are inherent risks when making a decision, since there are many variables involved in the current competitive market whose manager does not have full knowledge, so uncertainty exists when making a complex decision.

What the manager can do to minimize uncertainty is to adopt an analytical thinking that gathers the available information and his experience so that risks are minimized, such as the use of statistical analysis and analysis of the variables involved in the decision-making process, to judge the least risky option and try to make the right decision.

3 0
3 years ago
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