2 years ago

What role does opportunity cost play in decision making

1 answer:

swat322 years ago

4 0

Answer:

In business, opportunity costs play a major role in decision-making. If you decide to purchase a new piece of equipment, your opportunity cost is the money spent elsewhere. Companies must take both explicit and implicit costs into account when making rational business decisions.

You might be interested in

in our busy lives,we often ignore the things and people that are right in front of us.we take them for granted.Do you think the

enot [183]

Answer:

Yes, they do.

Explanation:

We often forget that we have many things that people don't in the world, we should always thank whoever bought these things for us.

3 0

3 years ago

Which statement best describes why Zeus was angry at Prometheus for giving the gift of fire to the mortals?

Ivahew [28]

Becaus Zeus didt want the mortals to have that element yet untill they were more civilized

3 0

2 years ago

Read 2 more answers

Which of these statements is the most credible to someone deciding whom to support in a school

pickupchik [31]

I think the answer is C because it’s the only one that attests to what Mr.Kops has done

3 0

3 years ago

Read 2 more answers

4. Hearing a song on the radio without paying attention to the lyrics is an example of _____. A. preparation B. passive listenin

Sergio [31]

B is correct answer.

5 0

2 years ago

Read 2 more answers

What kind of advice do you think the speakers in The Seafarer and The Wanderer would give to the wife? Why do you think they wou

sukhopar [10]

Answer:

he feels as thou the sea is a place of uncertainty at one minute. The sea can be your friend and then the next minuet it can be an unexpected unforgiving murderer.

Explanation: He wants to talk to her about how he feel.

7 0

2 years ago