The opportunity cost of producing one fish for Pilau is 1/4 coconut.
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What is the opportunity cost?</h3>
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
Opportunity cost arises because the resources available to carry out production activities are available in limited quantities. So, when economic agents decide to produce a good, they forgo the opportunity to use the same resources to produce another good.
Economic theory suggests that the good that should be produced is the good that has the least opportunity cost.
Opportunity cost for Pilau of producing fish : 20 / 60 = 1/4 coconut
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Answer:
Answer b) is correct.
Explanation:
The cellular phones are in the maturity stage of the product life cycle. In this stage, the costs of the products are relatively low so that a peak in sale volume occurs.
Answer:
corporate social responsibilities
Explanation:
Corporate Social Responsibility refers to the form of global self-regulation for private companies aimed at contributing to community objectives of an entrepreneurial, political, or humanitarian type or by participating in or promoting voluntary or ethically focused action.
Although before it was easy to explain CSR as an inner organizational practice or a business ethics technique, the period followed when different international legislation were established and different organizations used their power to move beyond person and even sector-wide programs.
Although it has long been known a type of organizational self-regulation, it has changed significantly over the past decades from voluntary actions at just the individual level companies to compulsory systems at local, domestic and international scale.
Answer:
True
Explanation:
A LLC, or Limited Liability Company is a company that providesliability protection to those that form it, and is formed when a group of persons file articles of organization which are also known as certificate of corporation, and they have to file those documents in the secretary of state´s corporation bureau.
Answer:
never
Explanation:
A business is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities. ... The term "business" also refers to the organized efforts and activities of individuals to produce and sell goods and services for profit.
