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Answer:
0.67
Explanation:
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
If the family buys one can of soup, the opportunity cost is the frozen food forgone.
Opportunity cost of one can of soup = 60 / 90 = 0.67
I hope my answer helps you
GDP (or Gross Domestic Product) is the total value of goods and/or services provided in a country during one year. So, if Disney were to open another amusement park, it would bring the value of Disney up, which means that this would be counted as GDP.
Answer:
The internet has enabled companies to promote their business with listing key factors and market their products with special highlights.
Explanation:
Earlier businesses used to promote their products by door to door marketing. In this era of technology and advancement the business focus on distinct features of their product and promote the products by highlighting those distinct features which other products does not have. Consumers are impressed with the presentation style and it is easier for them to view the complete product details by sitting at home through internet.
