Answer:
True
Explanation:
Opportunity cost refers to the value of a missed chance as a result of deciding a certain way. It is the forfeited benefit of choosing one option over another. Economists determine the opportunity cost by calculating the value of the next best alternative.
If John buys the ticket, it will cost $20. Attending the concert will cause him not to do his homework, as he cannot be in two places at the same time. The consequence of him not doing his homework is the opportunity cost. Attending the concert will, therefore, cost him the $20 and the opportunity cost.
Answer:
-$55
Explanation:
The computation of the marginal revenue is shown below:
As we know that
Total revenue = Price × Quantity
For 400 units, the total revenue is
= 400 × $50
= $20,000
And for 420, the total revenue is
= 420 × $45
= $18,900
Now the marginal revenue is
= ($18,900 - $20,000) ÷ (420 units - 400 units)
= -$55
Answer:
c. is valid and enforceable
Explanation:
In business, this is called a Non-Compete Clause.
Non-Compete Clause can prevent a certain individual or organization to compete with another business , as long as both parties con sensually sign the agreement.
Typically, Non-Compete clause is required after all the parties involved have some sort of affiliation toward one another/
<u>for example:</u>
1. One party just bought the business from another party.
2. One party is an ex-members/ex-employees of another party. Making them know internal secrets of that other party.
Public limited company should prioritise the
aims of its shareholders because stakeholders have a good share of a business.
<h3>What is public limited company (PLC)?</h3>
PLC is a public company, that sells shares to individual who are interested. The buyers of the shares have limited liability.
Stakeholders have a good share of a business, they are key partners that cannot avoided in the success of any business or organization.
Therefore, Public limited company should prioritise stakeholders because they have a good share of a business.
Learn more on stakeholders here
brainly.com/question/24432365
2002 Alan cocoa so 20 characters is dodo
