Cost-benefit principle would state that you would only take an action if the benefit outweighs the cost.
For example: It may cost me $5 to drive to work, but I make $50 for showing up, I would go because the benefit I get outweighs the cost and I am better off going than staying at home.
Answer:
create specific budgets for things like vacations or a wedding
calculate the amount of mortgage payments or car payments
Answer:Please Refer to the explanation section
Explanation:
The question has insufficient information, we are supposed to be studying the diagram to determine outlier countries with poorest international shipping logistics. i have consulted the International Shipping Logistic performance index 2018 to find poorest countries in terms of international shipping logistics. according to the world bank countries like Zimbabwe, Lesotho , Syrian Arab Leon , Sierra Leon and Niger are some of the poorest countries when incomes to international shipping
Challenges Faced by these countries.
- Challenge of being land locked.
Countries like Zimbabwe , Niger and Lesotho face great challenges in international shipping logistics because they are land locked. any Political instabilities in the neighbouring countries affect they logistics businesses directly because the need entry to other countries to transport goods
Countries like Syrian Arab Republic, Somalia and Sierra Leon suffer from Political instability which makes it difficult for the to trade with other countries.
Answer:
C
Explanation:
The GDP or gross domestic product measures the market value of all goods and services produced in country in a specific period of time. This year GDP should not include the log-splitter because Sally purchased it five years ago. We should include this year purchases: new parts, gasoline, oil. Also, we should include the market value of the 2 hours she spent repairing the log-splitter if she paid someone to do it or if someone paid her to do it, because this is a service. But the problem suggests that she repaired her own log-splitter, then we should not include it this year GDP.
