Answer:Making Economic Decisions
Individuals are forced to make trade-offs every time they use their resources in one way and not in another. The cost of making a trade-off is known as opportunity cost—the value of the next best alternative that has to be given up to do the action that is chosen.
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The correct answers are b and d
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<span>Warren Buffet's Berkshire Hathaway, Apple and banks are a few examples. For owner-operated businesses, the holding company structure also offers key advantages over holding assets and operations in a single company. At its simplest, a holding company owns all of the shares or units of one or more subsidiaries.</span><span>Nov 8, 2013</span>
The London Underground is the first, and oldest
