1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
Guys please suggest a new business service or product. Remember, it's new and does not exist. Thanks
vekshin1
A new product could be something like a track on a table for special occations where you have a really long table and things need to be passed back and forth.  you put the plate or dish on the track and press the button for it to be slowly moved down the table and stop it whenever it gets to the next person who whats it.  This prevents hot and heavy plates having to be passed infront of people of over people etc.
5 0
2 years ago
Read 2 more answers
A first-round draft choice quarterback has been signed to a three-year, $10 million contract. The details provide for an immedia
inessss [21]

Answer:

$8.31 million and No.

Explanation:

In this question, we have to find out the present value which is shown below:

= $1 + first year value ÷ ( 1 + discount rate) + second year value ÷ ( 1 + discount rate) ^ number of years + third year value ÷ ( 1 + discount rate) ^ number of years

= $1 + $2 million ÷ (1 + 10%) + ($3 million ÷ 1.10)^2  + ($4 million ÷ 1.10)^3

= $1 million + $1.82 million + $2.48 million + $3.01 million

= $8.31 million

No the package would not worth $10 million as its present value is $8.31 million

7 0
3 years ago
Can someone please help me with this journal prompt
Irina-Kira [14]

Answer: Go to Microsoft edge the new one and look it up

Explanation:

8 0
3 years ago
"in a small european​ country, it is estimated that changing the level of capital from​ $8 million to​ $10 million will increase
lawyer [7]
I think it’s 12mill I think
6 0
3 years ago
What is 55 billion expressed in scientific notation?
iogann1982 [59]
55 x 10^9 hope this helped :D
7 0
3 years ago
Read 2 more answers
Other questions:
  • Wesimann Co. issued 13-year bonds a year ago at a coupon rate of 8.5 percent. The bonds make semiannual payments and have a par
    9·2 answers
  • At $5 a bushel, there is an excess supply of wheat. Is this price above or below the equilibrium price?
    10·1 answer
  • Nick and Teresa are debating the pricing strategy of several airlines. Nick argues, "When airlines restrict discounted tickets t
    8·1 answer
  • An increase in the population​ ______ the real wage rate and​ ______ the equilibrium quantity of labor.
    6·1 answer
  • Violet negotiates with Urban Credit Corporation to obtain a loan for $85,000 to buy a home. During the negotiations, Urban Credi
    9·1 answer
  • Ingredient lists on gum packages remain somewhat vague, even though these labels fall under federal regulations, because the man
    10·1 answer
  • On January 1, 2021, Kendall Inc. began construction of an automated cattle feeder system. The system was finished and ready for
    5·1 answer
  • Nora owns a sock business. She has been selling mostly online to U.S. buyers, but now she wants to expand her sock business to o
    6·1 answer
  • 4.Over the last six years the shares of company XYZ's stock had returns of 18 percent, 18 percent, 15 percent, -4 percent, 15 pe
    6·1 answer
  • On December 31, 2021, the end of the fiscal year, California Microtech Corporation completed the sale of its semiconductor busin
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!