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Brrunno [24]
2 years ago
11

Paolo is an owner of a professional sports team in a large league. To promote fairness, the team with the most losses in the lea

gue automatically gets the best new player to enter the league next year. Consider the following sentence: In order to get the best new player next year, Paolo orders his team to intentionally lose as many games as possible. Which basic concept of individual choice does this sentence best illustrate? Externalities are a shortcoming of the market. An optimal decision is one that best serves the objectives of the decision maker. All costs are opportunity costs. Opportunity costs and money costs (price) are related, but not always exactly the same.
Business
1 answer:
butalik [34]2 years ago
8 0

Answer and Explanation:

According to the given situation, Paola would be rational decision maker and if the team suffered losses so in the next league they would get the best new players so he ordered his team to lose many teams as he is aware of the fact that the opportunity cost of game losing would be closet to zero

So the second option is correct

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When a buyer’s willingness to pay for a good is equal to the price of the good, the?
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Measures the value that a buyer places on a good
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Kelly sells women's accessories. Her prospective buyer is smiling and is eyeing the samples Kelly brought with her to the sales
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Answer:

Ask the potential client to try out the accessories and give the prices.

Explanation:

Having the legs uncrossed and her arms relaxed the client is showing that is comfortable with the situation and open to accept the products offered by Kelly. The best way to proceed would be presenting her prices offer and starting the negotiation, she should pay attention to the client's behavior to know of she is willing to negotiate and acquire the products.

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3 years ago
According to Mikey, the founder, Holden Outerwear does not manufacture its garments in the United States because of the: aplicat
wolverine [178]

Answer:

d

Explanation:

The complete question is mentioned in attachment. According to 2nd line and  2nd last line, option d is the ocrrect answer.

3 0
3 years ago
bank pays interest quarterly with an EAR of 9​%. What is the periodic interest rate applicable per quarter​
Vika [28.1K]

Answer:

2.18%

Explanation:

Effective interest rate = (1+i/m)^n - 1

i is stated as interest rate

m is the compounding frequency

Here, the compounding is quarterly and the effective interest rate is 8%

Since one year is equal to 4 quarter, the value of m is equals to 4

Effective interest rate = (1 + i/4)^4 - 1

9% = (1 + i/4)^4 - 1

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(1.09)^1/4 = 1 + i/4

1 + i/4 = 1.02178

i/4 = 1.02178 - 1

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7 0
3 years ago
The strategy in a mature industry to invest in infrastructure that would be cost-prohibitive for new entrants to deter new compe
kozerog [31]

Answer: Option D  

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7 0
3 years ago
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