The opportunity cost for the Congo to produce additional diamonds is <u>C. 4 thousand units of corn</u>.
<h3>What are opportunity costs?</h3>
Opportunity costs are the benefits of an alternative decision when the decision maker rejects the alternative.
For instance, the opportunity cost of going to college is the earnings forgone.
The opportunity cost is computed as the lost benefit when an alternative decision is not pursued.
Fractionally, the opportunity cost of producing one product A) to another (B) = Units of B / Units of A.
<h3>Data and Calculations:</h3>
United States opportunity cost to produce diamonds = 60/10 = 6
United States opportunity cost to produce corns = 10/60 = 1/6
Congo's opportunity cost to produce diamonds = 20/5 = 4
Congo's opportunity cost to produce corn = 5/20 = 1/4
Thus, the opportunity cost for the Congo to produce additional diamonds is <u>C. 4 thousand units of corn</u>.
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Answer:
Great Britain
Explanation:
Great Britain was the first country that adopted the technology invented during the industrial revolution into its economy.
This makes them able to massively outperform another country in terms of producing goods /services.
Hamilton and List believe that temporarily avoid competition with Great Britain is the best decision for units States at that time. At least until the US also adopted new technologies into the economy.
Answer:
listen to and compromise with others
Explanation:
<u>Just as any kind of conflict, when group conflict occurs it is vital for all parties to be willing to fully listen to the other side and make a compromise, rather than insist on their ideas and belief. </u>
Groups consist of many people which opens more opportunities for the conflict, and more chances for it to be solved unethically, with one person or one group using the power to solve it in their gain.
<u>That is why everyone's opinions and thoughts must be taken into consideration, and no power performance should be displayed in other to make the decision that is ethically right for all. </u>
Answer:
D. building relationships with customers
Explanation:
- As the university tries to become a value-driven organization it holds regular coffee hours ad discusses with the graduate students about there education needs and desires. Thus maintains its relation with the people and clients.
A one way mirror in front of the mystery writers, with the mirror facing the audience would work best.
