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Zepler [3.9K]
3 years ago
13

PLEASE HELP, MUST GET RIGHT NOW!

Business
2 answers:
Basile [38]3 years ago
7 0

Answer:In simple terms, a tradeoff is where one thing increases, and another must decrease. ... In economics, a trade-off is commonly expressed in terms of the opportunity cost of one potential choice, which is the loss of the best available alternative.

Explanation:

forsale [732]3 years ago
5 0

Question

→Define Production trade-offs.

(in Economics)

Answer:

In economics, a trade-off is defined as an "opportunity cost." For example, you might take a day off work to go to a concert, gaining the opportunity of seeing your favorite band, while losing a day's wages as the cost for that opportunity.

Hope this helps!!

-xXxAnimexXx-

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Brent would like to start a small landscape business this summer. He has a lawn mower, but needs a truck to
Bumek [7]

Answer:

I would buy the 2000 Toyota Tundra. Yes it is the most expensive, but it is the newest so it should require less expense money for problems, it is a manual transmission 6 cylinder so it should get better gas mileage, and it has fewer miles. The rankings of these trucks are not provided, however a Toyota tundra is considered to be a workhorse in the truck. If this is an opinion question, that's my choice.

Explanation:

7 0
3 years ago
Which one of the following is least liquid?
puteri [66]

Answer: Real estate

Explanation: Liquidity refers to the ability of a security to be converted into cash without having a major change in its price. In other words, liquidity is the relationship between the speed of sale of a security and its change in price.

Real estate refers to the land or other housing facilities etc. These assets require huge amount for purchase. It takes to find a buyer willing to make such a big investment, thus, they are not liquid.

Hence from the above we can conclude that the right option is C.

7 0
3 years ago
What is the primary purpose of job specialization A. Regional self-sufficiency B. Increased consumer income C. Increased margina
marishachu [46]

Answer:

D. Increased efficiency and productivity

Explanation:

Job specialization can be defined as a strategic process which typically involves the ability of employees working in an organization to develop specific skills, knowledge, great expertise or professionalism and experience to perform their duties, tasks or job functions effectively and efficiently.

In order to gain the requisite skills, expertise and knowledge for job specialization, it is very important for the employees to have undergone an extensive training and a good number of years in work experience.

The primary purpose of job specialization is to increase efficiency and productivity because the employees are able to specialize in the use of specific tools (equipments) to accomplish their tasks, as well as limit the level of error or mistakes in the production process.

6 0
3 years ago
Situation: C’est Wot is a Quebecois-British fusion restaurant specializing in jellied eel poutine. To encourage customers to bri
Andreas93 [3]

C’est Wot is a Quebecois-British fusion restaurant specializing in jellied eel poutine. To encourage customers to bring their friends, C’est Wot gives first-time visitors buy-one-get-one meal vouchers for their next visit. This is an example of: adding force.

<h3>What is an adding force in business?</h3>

This is the term that is used to describe the way that a company is able to get consumers that would get to purchase and consume their products. It is a strategy that is used to facilitate increased consumer base.

The way this is seen here is that the business had to create a system that would bring them more people. To do this they had to create a way for people to come in pairs.

The first time visitors are given a voucher that would enable them to get free meals when they visit.

Read more on business strategy here:

brainly.com/question/25640993

#SPJ1

3 0
2 years ago
Which of the following is the meaning of "market" in economics?
postnew [5]
<span>The mechanism, process, or means by which buyers and sellers are brought together.</span>
3 0
3 years ago
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