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EastWind [94]
2 years ago
11

Why does the law of increasing opportunity cost occur?

Business
1 answer:
Allisa [31]2 years ago
7 0

Answer:

¯\_(ツ)_/¯

Explanation:

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Consider the market for smartphones. Explain whether the following events would cause an increase or a decrease in supply or an
kumpel [21]

Answer:1. Increase in supply; increase; decrease

2. Decrease in supply; decrease; increase

3. Increase in supply; increase; decrease

4. Decrease in quantity supplied; decrease; decrease

Explanation:

3 0
4 years ago
Lupe made a down payment of $2200 toward the purchase of a new car. To pay the balance of the purchase price, she has secured a
BlackZzzverrR [31]

Answer:

Cash price of the car

= Down payment + A(1 - <u>(1+r/m)</u>-nm

                                            r/m

= $2,200 + $200(1-<u>(1+0.11/12</u>)-4x12

                                  0.11/12

= $2,200 + $200(1-<u>(1+0.0091666667</u>)-48

                                0.0091666667

= $2,200 + $200(1-(<u>1.009166666667</u>)-48

                               0.0091666667

= $2,200 + `$200(38.691421)

= $9,938

Explanation:

The cash price of the car is equal to the down payment plus the present value of the monthly installment.  The present value of the monthly installment is obtained by using present value of annuity formula.

7 0
4 years ago
Carlos worked 40 hours last week. His hourly rate is $9.14. What did he earn last week
liraira [26]

Answer:

367.2

Explanation:

IM NOT SURE IF ITS CORRECT

8 0
4 years ago
Read 2 more answers
If the federal government says that fish is healthy for you the demand for fish will
Ipatiy [6.2K]

Well there are a few choices here.

If the govt says Fish is healthy and people want to believe the govt, then demand will increase.

Or you can go the realistic way and scientists will prove wether or not that is true and their demand will depends on the scientists answer.

<u>However the most likely answer is that the demand will increase.</u>

3 0
3 years ago
Read 2 more answers
Check my answers?
Furkat [3]
Number one is B, number two is C, number three is A, number four is d. I think
7 0
3 years ago
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