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ankoles [38]
3 years ago
15

""The money and resources currently being devoted to the War on Terrorism reduces the quantity of other goods that we are able t

o supply." This statement most clearly illustrates which of the following?"
Business
1 answer:
guajiro [1.7K]3 years ago
4 0

Answer:

The Concept of Opportunity Cost

Explanation:

An opportunity cost is the cost associated with choosing to enjoy  a particular benefit or pursue a particular venture at the expense of enjoying the benefit of its best alternate choice. In other words, when you enjoy the benefits of action A, the opportunity cost is the potential benefit of action B that one had to give up to achieve action A.

According to the question, money and resources devoted to war on terrorism represents the choice of the nation and the benefits maybe that the country is free from terrorist attacks. However, the opportunity cost is that the benefit of freedom from terrorist attacks comes at the expense of goods that could have been produced if the country should choose to pursue production of goods.

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Border is something that goes right around an object.

Shading is the color of an object.

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5 0
3 years ago
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lys-0071 [83]

Answer: Achievable

Explanation:

Executives must have an achievable objective for their employees. An objective is achievable when employees feel that it is measurable and there is a realistic chance it will be fruitful.

An achievable objective will make employees work hard towards its accomplishment but an unachievable objective will make employees loose focus as they will direct their attention towards something else.

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3 years ago
the aggregate difference between the average total cost ​(atc​) and average variable cost ​(avc​) for all units of production is
trasher [3.6K]

The aggregate difference between the average total cost ​(ATC) and average variable cost ​(AVC) for all units of production is​ the total fixed cost.

Total fixed cost is the total amount of money a company must pay to keep its operations running, regardless of how many products it produces or sells. The total fixed cost remains constant regardless of production or lack thereof. Fixed costs are those that persist even when output is zero. Many of these expenses are referred to as overhead.

Total fixed costs are the sum of all a company's consistent, non-variable expenses. Assume a company pays $10,000 per month for office space, $5,000 per month for machinery, and $1,000 per month for utilities. In this case, the total fixed costs for the company would be $16,000.

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6 0
2 years ago
Elena is the CEO of a small manufacturing firm. She is concerned with meeting the investment objectives of the firm's shareholde
g100num [7]

Answer: Option B

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But there are some critics of this concept that states that nothing is provided by the society for free and the entrepreneur pays sufficient for such resources and services. Thus extra effort is not needed for the betterment of society.

Hence we can conclude that the correct option is B .

4 0
3 years ago
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If opportunity knocks, answer it
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