If it is a choice, then you are deciding between two or more options. The opportunity cost of whatever you decide means you have chosen the best option, with the next best option foregone.
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The correct answer is; Raise her prices on the car detailing or only wash cars.
Further Explanation:
It makes the most sense that Betty Lou raise the pricing on the car detailing. Since the materials cost more than the washing materials and car detailing takes more time, she is losing money in the long run.
If Betty doesn't want to raise her prices, she should only continue to wash cars since she can do this faster and make more money on average. This is the most efficient use of her resources. Betty can use advertising to get more clients and repeat clients that liked her car detailing will be willing to pay more for her services.
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Answer:
Explanation:
Private Sector enterprises have a goal of making profit and it employs more workers who work long hours. They are run by organisations and are free from Government control. They are usually funded by individual investments.
Public Sector Enterprises are fully owned and controlled by the Government. they are controlled by the government and funded by the government. They enjoy monopoly in operation.
I would say that Steve is practicing a self-centred or authoritarian management style which means he does things his way with little or no consultation with his fellow workers so that means he is basically not being democratic in his relations with fellow employees.
Answer: Opening
Explanation:
The opening position is the first offer that is given. This offer is usually not indicative of the full capability of the party offering. In other words, this position is the ideal position for the party offering it but they can be persuaded to give a position that would not be as beneficial to them.
Annette plans to offer a two times a month pickup and this would be ideal for Jackson Hauling because they are still small-time and would benefit from not being overburdened. This is why it is her opening position. She can however, be persuaded to do a twice weekly pickup but that wouldn't be very beneficial.
