<span>An opportunity cost is the value or benefit that must be given up to acquire or achieve something else. In this case whatever you choose (Coke, Dr.Pepper or 7-UP) everything would be free , at zero cost. This means that the opportunity cost in this case is zero, because the drink is free.</span>
Answer:
Invest
invest
Explanation:
Game theory looks at the interactions between participants in a competitive game and calculates the best choice for the player.
Dominant strategy is the best option for a player regardless of what the other player is playing
firm a can either earn20 or 70 if it advertises or 5 or 50 if it does not advertise. this is the same for firm B.
Thus the option that would yield the highest payoff is for both firms to advertise.
this is an example of prisoners dilemma
Answer:
D. Limited partner
Explanation:
Limited partner -
It is one of the owner of a company or organization , where the liability of the firm's debt is not allowed to raise than the other investor of the company .
Limited partner is also known as silent partners .
The limited partner has very restricted voting rights on the business of the company , and even is not involved in the day - to - day activity of the business .
The role of the limited partner is to invests some amount of money for exchange of the shares in a partnership .
Hence , from the information of the question ,
Travis is a Limited partner in the given partnership .
Answer:
The correct answer to the following question is Esteem need of Maslows hierarchy of needs.
Explanation:
Maslows hierarchy of need is a motivation theory given by Abraham maslow, according to him people are motivated in order to achieve certain. He has described his theory of needs as pyramid which consists of physiological needs, safety needs, social needs, esteem needs and self actualization.
In esteem needs , maslow tells about people's need for appreciation and respect, after a person has achieved the first three basis needs , the persons behavior would be motivated by esteem needs. Because people have need for feeling prestige and sense of accomplishment, self worth and self esteem.
Business majors learn how to research information using quantitative skills, and then develop ideas based on that information to solve problems.
Business also involves people — customers and employees — so communication and interpersonal skills are vitally important as well.
