Answer: Your high school transcript
Answer:
B. A business gives its employees a raise, so it cannot afford to buy any TV ads.
Explanation:
Opportunity cost also known as the alternative forgone, can be defined as the value, profit or benefits given up by an individual or organization in order to choose or acquire something deemed significant at the time.
Simply stated, it is the cost of not enjoying the benefits, profits or value associated with the alternative forgone or best alternative choice available.
For instance, if you decide to invest resources such as money in a paying your employees (workers), your opportunity cost would be the benefits like increased sales you could have earned if you had invested the same amount of resources in advertising your business.
Hence, the situation which best illustrates the economic concept of opportunity is when, a business gives its employees a raise, so it cannot afford to buy any TV ads.
Answer:
B. Businesses would compete by making new cars that produce less pollution.
Explanation:
Correct for Apex
Answer:#1The Patient Protection and Affordable Care Act was signed into law by President Obama on March 23, 2010. It is more commonly known as the Affordable Care ...
#2The ACA was designed to reduce the cost of health insurance coverage for people who qualify for it.
#3March 23, 2010
#4The ACA aimed to ensure that more people had more health insurance coverage in the United States
Explanation:
The Affordable Care Act (ACA), also known as the Patient Protection and Affordable Care Act, became law on March 23, 2010. ..
