The following statement "Opportunity costs are not found in accounting records because they are not relevant to decisions" is false.
The opportunity cost is the time spent learning and the money that might have been used for something else. When a farmer decides to grow wheat, there is an opportunity cost associated with not doing so or using the resources in another way (land and farm equipment).
The apparent advantage of not selecting the next best alternative when resources are limited is what is commonly referred to as opportunity cost. Opportunity costs are not just monetary or financial expenses. An opportunity cost is also the real price of missed productivity, time, or any other for-profit gain.
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Answer:
Planned Obsolescence
Explanation:
According to my research on the answers provided, I can say that based on the information provided within the question this is most related to Planned Obsolescence. This term is basically defined exactly in the question, but in simpler terms this is a product that is specifically designed to become obsolete after a certain time frame.
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Answer:
keep producing in the short run but exit the industry or go out of business in the long run
Explanation:
A perfect competition is characterised by many buyers and sellers of homogeneous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.
In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.
Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.
A firm should shut down in the short run if price is less than average variable cost. But since the diner's price is greater than average variable cost, it should continue production.
A firm should exit the industry in the long run if price is less than average total cost. the diner's price is less than average total cost, so it should shut down in the long run
The development of team roles arises from the expectations of the team, the organization, and the team members themselves. .
<h3>What is a team?</h3>
A team serves as group of people that have a particular goal and they work together to achieve the aim of the organization.
However, team roles are the responsibility of each members which is expected from individuals in the team.
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Downwards
Explanation:
<u>A net force vector is the sum of all forces acting upon an object with respect to the object.</u>
As we understand in this situation, air resistance works opposite to the Gravitational pull of Earth which is pulling the skydiver down.
<u>Because air resistance is not strong enough, the woman falls at an accelerating speed because the gravitational pull is stronger.</u>
SO the net force is pulling her downwards.
Thus, the force vector will be pointing downwards towards the Earth.
