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KengaRu [80]
2 years ago
9

Samira is a freshman basketball player who hopes to go to college on a basketball scholarship. She is offered the chance to play

on her school’s varsity basketball team, which plays in tournaments during holiday breaks. Samira usually spends her breaks working at the local hardware store. After careful consideration, Samira decides to stay on the freshman basketball team and keep working over breaks.
The fact that Samira may miss out on a scholarship opportunity by staying on the freshman team illustrates

a cause.
minor consequences.
a tradeoff.
unexpected risk.
Business
1 answer:
daser333 [38]2 years ago
3 0

Answer:

a tradeoff.

Explanation:

Because wants are unlimited and the resources available to satisfy these wants are limited, economic agents must undergo tradeoff

Tradeoff is the opportunity cost of taking a particular decision

Opportunity cost of the next best option forgone when one alternative is chosen over other alternatives

Samira's opportunity cost is missing out of the scholarship opportunity

to help in making tradeoff, the scale of preference should be constructed. the scale of preference orders the choices available to an economic agent in terms of importance

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According to keynesianism, as more items are being made, what happens to prices?
kupik [55]

<u>According to keynesianism, as more items are being made, what happens to prices D. the prices stay the same</u>

Explanation:

Keynes advocated that an increased government expenditures and lower taxes can  stimulate demand and it can pull  the global economy out of the depression.

Keynesians believe that, because prices are somewhat rigid, fluctuations in any component of spending like consumption, investment, or government expenditure will cause the output to change. If government spending increases, for example, and all other spending components remain constant, then output will increase.

<u>According to keynesianism, as more items are being made, what happens to prices D. the prices stay the same</u>

5 0
3 years ago
Read 2 more answers
what are the documents required by department of trade and industry when registering for a private company
meriva

Social security for employee profiling, insurances, and other employee and company benefits

Business permit, so that your business is legal and has passed through the scrutiny of safety and reliability

<span>Tax identification  to ensure that in every profit you gain, you will be giving a part of it to the country to improve its services</span>
6 0
3 years ago
The terms of trade reflect the:
WITCHER [35]

Answer:

The correct answer is option b.

Explanation:

The terms of trade is the ratio at which two countries exchange their goods. It is the ratio of exports and imports of a country. Terms of trade reflect the health of the economy.  

It measures the number of goods a country can import in exchange for the goods it is exporting.  

An increase in the price of exported goods will increase the terms of trade for a country. While an increase in the price of imported goods will cause it to decline.

4 0
3 years ago
When George and Arthurine Renfro decided to start a family business in 1990 and market chowchow, a southern regional food, they
Katyanochek1 [597]

Answer:

identifying pricing constraints.

Explanation:

From the question we are informed about George and Arthurine Renfro decided who decided to start a family business in 1990 and market chowchow, a southern regional food, they had to determine how they would price the chowchow by examining the demand for the product (would people rather eat home-made or store-bought), the cost of getting the jars for bottling the chowchow, and how much it would cost to distribute the product to area stores. In other words, in this case, the Renfros had to begin the development of their pricing strategy by identifying pricing constraints. .

Pricing constraints can be regarded as

factors which brings about limit of latitude of prices which a company may set.

7 0
2 years ago
The custodian of a $450 petty cash fund discovers that the fund has $65 in coins and currency plus $382 in receipts at the end o
Mandarinka [93]

The entry to replenish the petty cash fund will include a credit to cash for $385.

What is petty cash fund?

When regular purchasing techniques are impractical, such as when buying office supplies or paying employees, a tiny sum of money called petty cash is utilized instead.

The entry to replenish the petty cash fund amount will include:

Fund amount : $450 - Used

Fund amount  :$450 - $382 = 68

cash on hand - remaining ; $68 - $65 = $3

Used + remaining ; $382 + $65 = 385

As a result, a credit to cash for $385.

Learn more about on petty cash fund, here:

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8 0
1 year ago
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