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lapo4ka [179]
3 years ago
11

He has $800 to spend and wants to buy either a camera or a new photo editing software. Both the camera and the software cost $80

0, so he can only buy one. This illustrates the principle that:__________.
Business
1 answer:
Arada [10]3 years ago
8 0

Answer: b. people face trade-offs.

Explanation:

Due to scarcity in the resources that we possess, i.e our resources are not infinite, we are forced to make decisions sometimes that will see us giving up something we want for another thing that we want.

This is called trade-offs and people face them all the time. This man want to wants to buy either a camera or an editor but due to the price can only buy one. He would therefore have to give up one for the other which makes this a trade-off.

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In 2021, Short Construction began construction work under a four-year contract. The contract price is $2,000,000. Short recogniz
Masja [62]

Answer:

The appropriated answer will be "$1,700,000".

Explanation:

Revenue understood by completion percentage = Design balance throughout progress = $200,000

The percentage completion throughout the whole year will be:

⇒  \frac{200,000}{2,000,000 }

⇒  10 \ percent

The cost incurred throughout the whole year will be:

⇒  Revenue \ recognized - Income \ on \ the \ contract

⇒  200,000 - 30,000

⇒  170,000 ($)

Now,

The total estimated cost of the project at the end the year 2021 will be:

⇒  \frac{170,000}{10 \ percent}

⇒  1,700,000 ($)

6 0
3 years ago
If an oligopoly does not cooperate and each firm chooses its own quantity, the industry will produce a quantity of output that i
Whitepunk [10]

Answer:

a. less than; more than 

Explanation:

An oligopoly is when there are few large firms operating in an industry.

A competitive industry is when there are many buyers and sellers of homogenous goods and services.

A Monopoly is when there is only one firm operating in an industry.

An oligopoly firm can choose to cooperate with other firms in the industry or not cooperate.

If firms do not cooperate they produce more goods than if they cooperated. The quantity produced can never be as much as that of a competitive firm because the number of producers in an oligopoly is less than that in a competitive firm.

The output would be more than the quantity produced by a monopoly because the number of producers in an oligopoly is more than that in a monopoly.

I hope my answer helps you.

6 0
3 years ago
A company's product sells at $12 per unit and has a $5 per unit variable cost. The company's total fixed costs are $98,000. The
lara31 [8.8K]

Answer:

The contribution margin per unit is $7

Explanation:

The contribution margin per unit can be defined as the difference between the selling price per unit and the variable cost per unit.

Contribution margin per unit = Selling price - Variable cost

Contribution margin per unit = $12 - $5

Contribution margin per unit = $7

The contribution margin per unit is $7

6 0
3 years ago
Which of the following is not one of the four types of analyses outlined in the text as a method for analyzing sales organizatio
Readme [11.4K]

Answer:

e. market-share analysis.

Explanation:

e. market-share analysis because it is not only dependent on sales. Other factors are other industries markets total sales . It is not directly associated with analyzing sales organization effectiveness. Sales organization is responsible for selling and obtaining maximum profits. Optimum profits through least investments is their primary objective. Market share analysis is dependent on a particular period and the sales  during that period ,target company's sales and total market sales.

8 0
3 years ago
One way to take responsibility for your health is to formulate a wellness plan. write four wellness goals for maintaining good r
dybincka [34]
<span>1. Practice safe sex: Always make sure to talk about your sexual history with your new sexual partner prior to engaging in sex. If you are non-monogamous, use condoms every time. Encourage your sexual partner to join you in getting an STD test. This is important for short-term and long-term health because it can affect the ability to have children in the long term and also decrease risk for contracting an STD in the short-term. 2. Drink water: Being hydrated is important in the long-term for maintaining a healthy reproductive system. Vaginal dryness can be caused/or worsened by dehydration, which can make sex less comfortable and increase risk of infections. 3. Get annual checkups: this is a long-term benefit. It can help catch any potential problems while they are early to prevent them from becoming much more serious. 4. Be conscious about using toxic chemicals. Another long-term goal is to stay away from ttoxins lie dioxin, phthalates, PFCs, and pesticides. These chemicals can cause reproductive problems that could negatively influence the ability to have a healthy pregnancy.</span>
4 0
3 years ago
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