Answer:
more hours
Explanation:
Opportunity cost of the next best option forgone when one alternative is chosen over other alternatives
time is a limited resource that has to be shared between work and leisure. If the opportunity cost of leisure increases, it means he is giving up more work to rest. As a result, he would increase his work hours
Answer:
The correct answer is: competitive.
Explanation:
Monitoring competition is something that every entrepreneur must do frequently. You will not want to simply follow what they are doing.
But you will want to know how the market is reacting, know what the latest trends are, the position they occupy and occupy and know how to plan to always be one step ahead of everyone. This monitoring aims to find new possibilities and define objectives based on who you need to beat (or keep ahead).
Currently, we are in a world in which detailed research is very important and the internet is growing more and more. There are also a million different factors to consider when you're spying on the competition. And it is at this precise moment that these tools come into play.
In some cases, these tools also serve to monitor your own performance and then compare it with the valuable information of your competitors.
There are many tools to analyze the competition and spy on it. But the important thing, beyond knowing the ways to obtain the information, is to prioritize the data that most interest us in order to calculate the positioning that each one has in the market.
Answer: Marketopia has a comparative advantage in the production of pies.
Explanation:
The bakery with the comparative advantage in any of the goods is the one that has a lower opportunity cost in making it.
Marketopia.
Opportunity cost of Cookies = 18/30 pies = 0.6 pies
Opportunity cost of pies = 30/18 pies = 1.67 cookies
Econladia
Opportunity cost of Cookies = 9/90 pies = 0.1 pies
Opportunity cost of pies = 90/9 pies = 10 cookies
<em>It is shown that Marketopia has a comparative advantage in the production of pies because the opportunity cost of such is 1.67 cookies as opposed to Econladia which is 10 cookies. </em>
Answer:
Explanation:
Rate per period =15% = 15/12 monthly
Payment(PMT)=$1,000
Future amaount(FV)=$2,000,000
N(years)=?
If input this data into fin calculator, n= 262.27months=262.27/12years=21.86years
Answer:
The correct answer is letter "B": Enterprise planning and monitoring.
Explanation:
Information Systems impact the Supply Chain at planning and monitoring stages. Information Systems allow managers to analyze information about the flow of the supply chain and allows them to spot where improvement is necessary. Besides, it allows tracking production to maximize it. Decisions can be made upon the feed Information Systems provide.
