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lawyer [7]
2 years ago
14

Latasha is training for a triathlon, a timed race that combines swimming, biking, and running. Consider the following sentence:

Because her pool sessions are helping her swim more quickly, Latasha plans to reduce by 1 hour per week the time she spends training on the bike and increase by 1 hour the time she spends in the swimming pool; however, her husband says that she should stop doing any biking and running and spend all 20 hours per week in the pool. Which basic principle of individual choice does Latasha's plan illustrate that her husband's advice does not?
a. People usually exploit opportunities to benefit themselves.
b. All costs are opportunity costs
c. Resources are scarce.
d. Many decisions are taken using marginal thinking
Business
1 answer:
andreev551 [17]2 years ago
3 0

The principle that Latasha caters for that her husband does not is that <u>d. Many </u><u>decisions </u><u>are taken using </u><u>marginal thinking. </u>

<h3>Marginal decision making</h3>
  • Involves making decisions based on the marginal costs and benefits.
  • A person will make a decision that has more benefits than costs.

By swimming more, Latasha would make get the benefit of being better at something she is already good at. If all she does is swimming however, she would incur costs of losing out in the other activities which would surpass the benefits of being good in swimming alone.

In conclusion, option D is correct.

Find out more about marginal decision making at brainly.com/question/13764545.

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Answer:

the correct answer is D. Macroeconomics is the study of the economy as a​ whole, while microeconomics deals with the individual​ decision-making units.

Explanation:

Macro economics emerged as a seperate disclipline in the late 1930's witht eh influence of the prominent british economist John Meynard Keynes. it looks at the economy as a whole and tries to solve major economic issues affecting the national economy such as the unemployment, inflation, GDP and current rate changes.

Micro economics on the contrary, looks at how the individuals and firms behave in an economy and tries to explain their decisions and how they react.

3 0
3 years ago
If the demand for a product decreases, what is likely to happen?
matrenka [14]
I m pretty sure the product supply would grow then the price would drop
5 0
3 years ago
On March 3, Cobra Inc. purchased a desk for $330 on account. On March 22, Cobra purchased another desk for $460 also on account,
Olin [163]

Answer:

Cobra Inc.

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Explanation:

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b) The amount that Cobra Inc. should report as Accounts Payable at the end of March is $330.  However, in reporting for the desks, it should report $790 in assets.  This amount represents the value of desks that the company is possessing, which is financed by company cash and creditors.

4 0
3 years ago
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timofeeve [1]

Answer:A) one year

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6 0
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guapka [62]

Answer:

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To continue, the<em> ''activity relationship chart'' </em>is a tabular that displays the closeness rating among all pairs of activities and therefore that this tool is the most suitable for the company to accomplish the task of converting into an activity-based costing system.

7 0
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