1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
JulijaS [17]
3 years ago
6

What represents the value of the second-best alternative that a person gives up when making a choice?

Business
1 answer:
miss Akunina [59]3 years ago
8 0

Answer:

c. oportunity cost

Explanation:

Opportunity cost is the value lost as a result of preferring a particular option over the other.  It occurs when an individual has to choose between two alternatives. For example, Jane can either stock 100 crates of soda or 80 packs of water.  If shes chooses 80 boxes of water, the100 crates of soda represent the opportunity cost.

You might be interested in
According to economists, inflation is a. eliminated by the government. b. unavoidable, and therefore something beyond the contro
mote1985 [20]

Answer: Option D

Explanation: In economics, inflation means the increase in the general price level of goods in an economy and the decrease in the value of money. This process occurs over a period of time.

In a scenario of inflation the purchasing power of the consumers decreases leading to a decrease in demand. Inflation could be controlled but is unavoidable and hence every economy faces some level of inflation every time.

Hence from the above we can conclude that the correct option is D.

7 0
3 years ago
If you want to use Format Painter to apply formatting to many different selections, what can you do to make this happen more eff
zimovet [89]

If you want to use Format Painter to apply formatting to many different selections, you should follow the following steps:

1.    Select the items or text with the formatting which you want to use again.

2.    Go to the standard toolbar and then to the Format Painter button. Then Double click on the Format Painter button.

3.    Now click to select each text, or area to which you want to apply the formatting.



6 0
3 years ago
Read 2 more answers
Consider 2 companies, each selling athleticware and each with a focused differentiation strategy. It is NOT possible for both of
Scorpion4ik [409]
It is possible 1 may sell more than the other or may be somewhat equal I would say false because the companies have different strategies they may each do better things than the other in certain aspects. I would say False but I apologize if I am wrong
3 0
3 years ago
A developer purchased three oceanfront lots, each measuring 75 by 110 feet, for $20 per square foot. The developer later sold th
AleksAgata [21]

Answer: 21%

Explanation: The developer purchased 3 properties and he can buy each property for $20 per square foot.

Therefore: 75 × 110 =8250 square feet.

8250 × $20 = $165 000 per lot.

Each lot was sold for $200 000. Which means the developer made profits of:

$200 000 - $165 000 = $35 000 per lot.

The percentage of profit on each lot is:

Percentage of profit on cost amount:

= \frac{35 000}{165 000}

= 0.2121212 recurring × 100

= 21,21%

Percentage of profit on sale amount:

= \frac{35000}{200000}

= 0.175 × 100

= 17,5%

3 0
3 years ago
What do student do in CTSO name one example
solmaris [256]

a student organization that contributes to the preparation of a world-class workforce through the advancement of leadership, citizenship, academic, and technological skills for students at the Secondary and the Post-Secondary level.

example: DECA or FBLA or FCCLA

7 0
3 years ago
Other questions:
  • The following information is taken from the production budget for the first quarter: Beginning inventory in units 600 Sales budg
    6·1 answer
  • In the united states, federal, state, and local legislative actions that require the consideration of environmental and cultural
    6·1 answer
  • The hidden-cost fallacy occurs when a. ​A firm considers irrelevant costs b. ​A firm ignores relevant costs c. ​A firm considers
    8·1 answer
  • In terms of team rewards and recognition, skill-based pay works well with ______.
    9·1 answer
  • What is one result of an effective corporate compliance program in a healthcare facility?
    6·1 answer
  • Assume bonds payable are amortized using the straight-line amortization method unless stated otherwise.
    6·1 answer
  • Currently, Glasgow Importers sells 280 units a month at a price of $729 a unit. The firm believes it can increase its sales by a
    12·1 answer
  • GiftBasket has successfully created a higher perceived value in the e-commerce industry, though it offers the same products at s
    14·1 answer
  • Presented below is pension information for Ceylan Inc.for the year 2019: Service cost $82,000 Interest on projected benefit obli
    6·1 answer
  • In July, 2013 the consulting firm Mercer released results from a survey where workers in the U.S. expected a 2.9% increase in pa
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!