When more detailed information is needed, a closed-ended question is carried out. In these types of questions, the answers are usually yes or no, or a choice of pre-designed answers. These questions are normal when conducting research on population censuses or preferential statistics.
Answer: The business could not use the money it spends on the new
branch for something else
Explanation:
Opportunity cost is what we forgo in order for us to have something else. In this case, if the company opens the branch in China, the the business will have to spend a lot of money to make the branch operational.
Therefore, the opportunity cost of this is that the money that will be used to make the branch operational could have been used for something else. Therefore, the correct option is C.
The AMEX® stock symbols usually have three letters.
<span>Economists use graphs to analyze the choices and trade-offs that people make in a society. This is TRUE. </span>
