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damaskus [11]
3 years ago
12

Adverse selection occurs in the market for used cars because

Business
1 answer:
slamgirl [31]3 years ago
7 0
To further sell the car and make it seem more desirable, aswell as to be adding benefits constantly
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The opportunity cost of a choice is the _____ of the opportunities lost.a. Valueb. Interest
salantis [7]

Answer:

a. Value.

Explanation:

The opportunity cost of a choice is the value of the opportunities lost.

In Economics, 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.

Hence, the opportunity cost of a choice  is the benefits that could be derived in from another choice using the same amount of resources.

<em>For instance, if you decide to invest resources such as money in a food business (restaurant), your opportunity cost would be the profits you could have earned if you had invest the same amount of resources in a salon business or any other business as the case may be.</em>

5 0
4 years ago
In his search for a franchised business that would satisfy his passion for the outdoors and earn him a decent living, Andrew not
maxonik [38]

Answer:

royalties

Explanation:

According to my research on franchised businesses, I can say that based on the information provided within the question in business this obligation is referred to as royalties. These is an obligation in which the franchisee agrees to pay the franchiser a set percentage of the profits made under the licensed company. Like seen in the question the royalty percentages depend on the company as well as what is agreed upon when signing the licensing agreement.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0
3 years ago
Best paid and fun jobs?​
tekilochka [14]

Answer:

Walmart if you're 17

Explanation:

they make 50 k that's not that bad

3 0
3 years ago
Read 2 more answers
Assets that you purchase for the purpose of accumulating wealth to satisfy your financial goals are called
Phantasy [73]

Answer:

Investment assets.

Explanation:

Investment assets are assets that you purchase for the purpose of accumulating wealth to satisfy your financial goals. Investment assets are assets acquired by an individual or corporation for the main purpose of leaving it for i.e.over a long period of time for it for appreciate in value. This process of accumulation of wealth satisfies the investor financial goals hence, the name Investment assets.

3 0
3 years ago
Harry has $4000 invested in two savings accounts. one account earns 6% interest per year, and the other pays 7% per year. if his
Gekata [30.6K]
0.07x+0.06 (4000-x)=264
Solve for x
X=2400 invested at 7%
8 0
3 years ago
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