His net benefit from attending State College is $40,000 – $20,000, or $20,000. Additionally, his net benefit from attending NoName U is $15,000 minus $0, which equals $15,000. Therefore, if he enrolls in State College, his economic surplus will be at its peak.
What is Economic?
Economics is the study of how people allocate scarce resources for production, distribution, and consumption, both individually and collectively.
The two branches of economics are microeconomics and macroeconomics.
Economics focuses on efficiency in production and exchange.
Learn more about Economic with the help of given link:-
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I think the answer might be B. a flood.
Answer:
Retrenchment strategy
Explanation:
Retrenchment strategy is often used in order to cut expenses with the goal of becoming a more financial stable business. A company that is reducing the scope of its activities by selling unprofitable business units or those no longer directly related to its overall aims is likely following a retrenchment strategy
The following are characteristics of Retrenchment strategy:
- designed to reduce the scale or scope of a corporation's business/ operations
- weaker competitors often resort to retrenchment when national business environments grow more competitive
- company that is closing factories with unused capacity and laying off worker sis likely following a retrenchment strategy
Answer:
(C) $4,650,000 $ 5,250,000
Explanation:
total contract price is $ 18,600,000
season construction using percentage of completion method.
Amount of revenue & construction expense for the year ended december 31, 2020 will be
25% of $ 18,600,000 revenue = $ 4,650,000
25% of $ 18,750,000 total cost = $5,250,000
Answer:
True, I just think this is a true thing due to exposure and costs of ads. And how many businesses go outta business.
