Answer:
A. An oven used to bake bread at a bakery
B. Workers hired to pick grapes at a vineyard
A resource is something a business needs for its production. A and B both directly benefit production while C indirectly benefits it and D has no impact.
Note: Answer C is a technological resource but it indirectly affects production. Most people do not include it as a resource but occasionally some do.
David's decision on the electronics to purchase represents opportunity cost.
The decision to hire another economist is marginal analysis.
Ana's decision on how to use her time involves opportunity cost.
<h3>What is opportunity cost?</h3>
Opportunity cost of the next best option forgone when one alternative is chosen over other alternatives. When an economic agent chooses one option, he would not be able to choose another option.
<h3>What is marginal analysis?</h3>
Marginal analysis involves comparing the marginal cost or / and the marginal benefit of a decision.
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The correct answer is the work included in case work. They
are likely to be composed of the following;
<span>-
</span>Provide minor services
<span>-
</span>Talking to constituents
<span>-
</span>Influencing decisions by the regulatory
commission
<span>-
</span>Presenting special bills for the sake of them