Answer:
opportunity cost, the elderly woman is alsotaking a cost by not doing nothing as it renounce to doing the walks to obtain safety at home.
Under economics concepts everything has at least one opportunity cost associated with it.
Explanation:
The opportunity cost represent the best alternative we renounce for the given course of action or use of the resources.
In this case not going to walk has the cost walking.
c. demand for that good is more elastic than if you spent a smaller portion of your income on the good.
Demand elasticity is the change in demand as the price changes - aka price has a big effect on demand.
Think about if the cost of a candy bar doubles from $1 to $2. This is a big increase but $2 isn't a huge portion of your income so it isn't a huge deal and you will probably keep buying. Now imagine if your car payment doubles from $350 to $700. Because this is such a big portion of your income, you will probably look to trade it in for a cheaper car.
Answer:
The correct answer is: it reinforces a top-down decision-making process.
Explanation:
A salary structure of this type prevails issues of complexity, specialization and importance of a given job. From this point on, a series of technical criteria are established based on the relevance of the contracted personnel, where the hierarchical structure shows the level of importance according to whether it is a managerial or trusted position within the management of the organization. The positions with the highest salary are usually those located in the upper part of the hierarchical structure, and it decreases as other positions are filled until it reaches those who support the pyramid.
Answer:
long-run average total cost decreases as output increases.
Explanation:
Answer:
A) Commercial Transactions for the sale "of sonf" (should be AND) payment of goods.
Explanation:
The Uniform Commercial Code (UCC) was established to create a set of standard laws that can regulate interstate commerce. Since different states had various state laws that regulated commerce, it was difficult for companies to work without problems happening. Since the Constitution gave Congress the power to regulate interstate commerce, they set up the UCC that provides a standard legal framework for all the nation.
