Answer: The business could not use the money it spends on the new
branch for something else
Explanation:
Opportunity cost is what we forgo in order for us to have something else. In this case, if the company opens the branch in China, the the business will have to spend a lot of money to make the branch operational.
Therefore, the opportunity cost of this is that the money that will be used to make the branch operational could have been used for something else. Therefore, the correct option is C.
It is most consistent with the class approach.
It seeks to study social and political in terms of relations between two economic classes the Rich and the Poor or in other words the haves and have-nots. This is also regarding the class fighting between these two classes facing the reality of all relations in all human organizations. Determining economic relations is also present every day based on their political view.
Give away gold and show kindness and wealth
Answer:
self values.
Explanation:
Self values refer to the things that are important to us, the characteristics and attitudes that inspire us and direct our decisions in daily life. Values matter, because you will probably feel better if you live according to your values you believe in. Self values of customers are the key factors that affect consumer behavior, and they direct and evaluate the attitudes and behaviors of customers on the products or services which is evident in John's purchasing behavior.
Answer:
mixed economy is a system that combines both capitalism and socialism aspects of the country.
Explanation:
In a mixed economic system the private properties are protected and enough freedom is given to exercise the optimum usage of capital but at the same time it allows the government to interfere or meddle with the various economic activities in the country to maintain or establish different social goals. So in mixed economy private ownership is acknowledged and maintained and control most of the production means but it is often set under the regulations made by the government. Due to globalization most countries across the globe have mixed economies, for example- US and France.
