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borishaifa [10]
3 years ago
8

6. Scarcity, opportunity cost, and marginal analysis Paolo is training for a triathlon, a timed race that combines swimming, bik

ing, and running. Consider the following sentence: Paolo has only 20 hours this week that he can devote to training. Each hour he spends swimming is an hour that he can't spend biking or running. Which basic principle of individual choice do these statements best illustrate
Business
1 answer:
Airida [17]3 years ago
5 0

Answer:

opportunity cost

Explanation:

Opportunity cost or implicit is the cost of the option forgone when one alternative is chosen over other alternatives.

By choosing to swim, Paolo is forgoing the opportunity to run or bike. The opportunity cost of swimming is not been able to run or ride a bike

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Sales mix is the relative percentage in which a company sells its multiple products. the trend of sales over recent periods. a m
marusya05 [52]

Answer:

is relative percentage in which a company sells its multiple products.

Explanation:

Sales mix is method use in calculating thee each unit/proportion of goods that are sale in the company relatively to the total sales. Whenever there is a change in the sales mix of a firm, then the profit change, sales mix helps to know which particular product sells more than the other one in the company.it should be noted that sales mix is relative percentage in which a company sells its multiple products.

6 0
3 years ago
I need some help! I'm not necessarily looking for the exact, technically correct answer to my question. Users submit questions a
ziro4ka [17]
There goal means they want to examine credit unions. The meaning of the phase is Why focus on credit unions? Because: 1) They tend to be more retail-focused than many community banks, and 2) we can get data on credit unions’ membership size which provides a basis of comparison and analysis to evaluate the social media data.
3 0
3 years ago
Explain the response to laissez-faire economics
WARRIOR [948]
First of all, the laissez-faire economics is also known as hands-off apporach. This is from the 19th century. The leaders of the Middle class had a good reponse by embracing this type of approach. Some of the people looked to modify this kind of apporach for the government to have more control. Generally was accepted but also wished to be modified in order for the high class leaders to get control
7 0
3 years ago
A rectangular floor measures $a$ feet by $b$ feet, where $a$ and $b$ are positive integers with $b > a$. An artist paints a r
DENIUS [597]

The number of possibilities that are there for the ordered pair is 2.

<h3>Calculation and Parameters
</h3>

Because the unpainted part of the floor covers 1/2 of the area, then the painted rectangle covers 1/2 of the area as well.

Given that the border width is 1 foot, the dimensions of the rectangle are a-2 by b-2.

Making an equation:

ab= 2((a-2)(b-2))

ab= 2ab-4a-4b+8

ab-4a-4b+8=0

If we apply Simon's Favorite Factoring Trick,

ab-4a-4b+16= 8

(a-4)(b-4)= 8

Since b > a, then we have the possibilities

(a-4) = 1 and (b-4) = 8, or (a-4) = 2 and (b-4) = 4.

(5, 12) or (6,8) which gives us 2 possibilities.

Read more about possibilities here:

brainly.com/question/25870256

#SPJ1

8 0
2 years ago
Suppose Yamahonda, a Japanese-owned motorcycle manufacturer, builds a production plant in Alabama. This is an example of foreign
Alika [10]

Answer:

The statement is true, as it is an example of foreign direct investment.

Explanation:

Foreign direct investment is the direct investment by individuals or legal persons in production or business operations abroad. In this context, investments include both acquisition of foreign operations and expansion of own operations.  

Foreign direct investment does not include the purchase of either shares or bonds per se. More specifically, the IMF has restricted direct investment on acquisitions to cases where the foreign investor owns 10% or more of the shares that give administrative rights in the business. Investment funds that can be classified as foreign direct investments therefore include equity deposits, reinvestments of dividends from the business, as well as the allocation of short-term and long-term loans between parent companies and subsidiaries.  

3 0
3 years ago
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