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9966 [12]
3 years ago
10

Which of the following statements is correct?

Business
1 answer:
dezoksy [38]3 years ago
5 0

Answer: Option C

       

Explanation: The cost can be differentiated on the basis of subject matters as accounting cost and economic cost.

The accounting cost do not consider the opportunity cost while calculating the total cost but the economic cost does. As per the economics, total cost is the sum of explicit cost and implicit/ opportunity cost.

Explicit cost refers to the direct payment made to others while the implicit cost refers to the loss of choosing one alternative over other.

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

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Explanation:

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3 years ago
An example of frictional unemployment is a(n):_______.
zlopas [31]

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The correct answer is letter "D": computer programmer who leaves one job and accepts a new job.

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Frictional unemployment is one component of what economists call natural unemployment, which is unemployment caused by things other than an underperforming economy. Frictional unemployment is caused because of temporary changes in jobs. It involves cases such as new employees entering the workforce, people moving to another city and looking for a job or people leaving to seek a better one.

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5 0
2 years ago
Read 2 more answers
Country X has a high unemployment rate. It follows that country X is operating a. inside (below) its PPF. b. at a productive eff
zhenek [66]

Based on the fact that this country is having a high rate of unemployment, then it is  inside (below) its PPF.

<h3>What is the Production possibility frontier?</h3>

This is the graphical illustration that shows the way a nation produces goods and services based on the resources that it has available.

It shows the mix of goods that would efficient use the allocated resources. A country is at unemployment if they are inside the PPF.

Read more on the Production possibility frontier here:

brainly.com/question/6571859

#SPJ1

8 0
2 years ago
A cut in tax rates effects equilibrium real GDP through two​ channels: ________ disposable income and consumer​ spending, and​ _
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increases; increases

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