Answer:
The correct answer is C. Companies use investments to reduce the opportunity cost of low productivity.
Explanation:
The opportunity cost is the economic value that is given to the lost opportunity by economic agents when making a specific financial decision. Thus, for example, a company that decides to manufacture a car has as an opportunity cost the benefits lost by not producing a motorcycle.
In this sense, many companies tend to invest their profits obtained as a result of their productivity, in order to cover the opportunity cost and obtain greater profits.
John Calvin was a famous French theologian and a major leader of the Protestant Reformation. He helped popularize the belief in the sovereignty of God in all areas of life, as well as the doctrine of predestination. The theological approach advanced by Calvin has come to be known as 'Calvinism.'
Answer:
they needed the port,so which is closest to the port
Explanation:
Answer:
Key Takeaways. Economists sometimes link employment to inflation. ... In the 1970s, Keynesian economists had to rethink their model because a period of slow economic growth was accompanied by higher inflation. Milton Friedman gave credibility back to the Federal Reserve as his policies helped end the period of stagflation.In economics, stagflation or recession-inflation is a situation in which the inflation rate is high, the economic growth rate slows, and unemployment remains steadily high. It presents a dilemma for economic policy, since actions intended to lower inflation may exacerbate unemployment.
Explanation:
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