Answer:
ok I'll give you what I know monopolies are one business operating so try and use that
After a car is purchased at $43000 and looses 25% worth every year then the car will be worth $9200 or less after four(4) years.
What does Purchase mean?
Purchase is a term used to refer to the acquisition of goods or services in exchange for money. It is a common business transaction and can involve buying something outright or entering into an agreement to pay for it over time.
What does Services mean?
Services is a broad term that refers to any type of work or activity performed to meet the needs of a customer. Services can range from professional services like accounting or consulting to tangible products like food or clothing. Services are typically intangible in the sense that they cannot be touched, felt, or seen, but the benefits they provide are very real.
As per the price of the car which is $43,000 and it looses 25% each year which is $10750. From this we come to know that the car will be worth of $9200 or less within 4 years.
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Answer:
The opportunity cost of each pipe and what is the sunk cost is $77 and $67 per pipe respectively.
Explanation:
Opportunity cost: The opportunity cost is that cost which is incurred to choose the best options with the available options.
Sunk cost: The sunk cost is that cost which is not recovered in the future. Its other name is the past cost. It does not help to make future decisions as if it is incurred then it cannot be recovered again
So, the opportunity would be the current price i.e $77
And, the sunk cost is $67 per pipe ($77 - $10)
The answer is: A) As deductibles decrease, policy costs tend to increase.
Deductibles refers to the amount of money that the insured had to pay before receiving benefit from the insurance company. If you sign a contract with lower deductibles, the amount of money usually would be allocated to the policy cost that you have to pay each months.
Answer:
<em>Frictional unemployment created by sectoral shifts </em>
Explanation:
Frictional unemployment <em>happens throughout a phase when employees are looking for new jobs or are transferring from old jobs to newer ones.</em>
It can even be defined as natural unemployment as it is not directly linked to factors that contribute to an economy that is performing poorly.
A new global trade agreement leads to higher demand for export-sector workers and lower demand for workers in import-competing sectors. Workers need time to change sectors, and sectoral shifts lead to frictional unemployment
