Answer:
The correct answer is c. Marginal analysis
Explanation:
Marginal analysis is a technique you can apply when you are comparing some options. We can say this analysis is an examination of the additional benefits of an activity compared to the additional costs incurred by that same activity. Using this technique you can maximize the potential profits.
The additional cost versus the additional benefit of a decision. In this case, Bill and Alma are analyzing if living 10 miles closer to their workplaces ( benefit) is worth the extra $25,000 in the cost of the house(cost). This is marginal analysis.
Explanation:
The Fair Debt Collection Practices act protects the credit card users from the deceptive or incorrect practices when debt is collected.
Explanation:
Getting the right education is one of the best pieces of advice I would send to someone who is only learning to invest. Investing is all about purchasing firms that you know and appreciate, that have a strong competitive edge, and that have a solid management team, all at a decent price.
Answer:
False.
Explanation:
An attractive industry are not one that is characterized by high entry barriers, suppliers and buyers with strong bargaining power, low threats from substitute products, and low rivalry among firms.
An industry is defined by a group of firm that produce good and service, which are close subtitute and bargaining power of supplier are not considered as entry barrier to a firm in the open market. Industry with high fixed cost can pose high degree of rivalry among firm.
