Transfers Transfer payments.
Specialization Limiting production to fewer goods and services than consumed, perhaps those whose production entails lower opportunity cost.
Answer:
The answer is A.
Explanation:
Operations management involves all activities which produce and deliver goods and services. Operation is a core function in any organization.
The primary objective of operations management is to make use of the organizational resources to generate or produce goods and services.
All options except option A(Understanding the drivers of customer utility) are goals of operation management
Answer:
Opposite of left, right. Opposite of right, left
I lost some brain cells O.O
Answer: a. U.S. Treasuries with 1 year to maturity
Explanation:
The Government guaranteed the price of the carbon and the payoff is to be one year later.
The opportunity cost will therefore be a similar Government security to the payoff term of the carbon sale which is 1 year.
The Government security with a similar payoff term is the US Treasury bill with 1 year left till maturity and this will be the opportunity cost because instead of the Government issuing and paying out that security they will instead pay for the carbon.
