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Romashka-Z-Leto [24]
3 years ago
13

Give one example of how a decision that a consumer makes will involve an opportunity cost?

Business
1 answer:
Tomtit [17]3 years ago
4 0

Answer:

hope it's help you ok have a good day

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Select all the correct answers.
Tems11 [23]

I believe the answer is:   goodwill with trade partners

Protectionism refers to the act of protecting local businesses by imposing tariff or quota to the goods that come from another countries. When a country impose these, the other countries would usually retaliate by doing the same thing for the goods from our country (Decrease in goodwill)

8 0
3 years ago
Read 2 more answers
According to liquidity preference theory investment spending would rise if the price level
ANTONII [103]

Answer:

A.rose making the interest rate fall

Explanation:

According to the liquidity preference theory developed by John Keynes, if the money supply rises, price level also rises, interest rate falls. If interest rate falls, the price of bond rises which would increase capital gains. People would prefer to hold bonds instead of money, therefore, investment spending would rise.

The liquidity preference theory states that we hold money for transactive, speculative and precautionary motives.

4 0
3 years ago
The term product class refers to:________.
Aleks [24]

the industry a set of offerings belongs to.

3 0
3 years ago
Distinguish between planned economy and mixed economy?​
Anettt [7]

Answer:

CHECK THE EXPLANATION.

Explanation:

A planned economy is a type of economic system where investment, production and the allocation of capital goods takes place according to economy-wide economic plans and production plans. A planned economy may use centralized, decentralized, participatory or Soviet-type forms of economic planning whereas a mixed economy is an economy organized with some free market elements and some socialistic elements, which lies on a continuum somewhere between pure capitalism and pure socialism. ... Mixed economies socialize select industries that are deemed essential or that produce public goods.

4 0
2 years ago
Question 2 (multiple choice)
Paha777 [63]
A. $625.71
619+619×0.13/12
4 0
3 years ago
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