Opportunity cost a) only is considered for goods in short supply. b) is the value of the next best alternative as a result of choosing some given alternative. c) is the value of all alternatives forgone as a result of choosing some given alternative. d) either b or c.
Answers: 2
Other questions on the subject: Business
Business, 21.06.2019 14:50, fazegaze89
For fundamental-type variables, list-initialization syntax prevents narrowing conversions that could result in data loss. for fundamental-type variables, list-initialization syntax allows narrowing conversions that could result in data loss.
Answers: 2
Business, 21.06.2019 16:10, yair7
Afirm produces a product in a competitive industry and has a total cost function (tc) of tc(q) = 60 + 10q + 2q2 and a marginal cost function (mc) of mc(q) = 10 + 4q. at the given market price (p) of $20, the firm is producing 5.00 units of output. is the firm maximizing profit? no what quantity of output should the firm produce in the long run? the firm should produce unit s) of output. (enter your response as an integer.)
Answers: 3
Business, 22.06.2019 02:30, raulramirez01
Acompany factory is considered which type of resource a. land b. physical capital c. labor d. human capital
Answers: 2
Business, 22.06.2019 11:10, chloeholt123
Which of the following is an example of a production quota? a. the government sets an upper limit on the quantity that each dairy farmer can produce. b. the government sets a price floor in the market for dairy products. c. the government sets a lower limit on the quantity that each dairy farmer can produce. d. the government guarantees to buy a specified quantity of dairy products from farmers.
Answers: 2
You know the right answer?
Opportunity cost a) only is considered for goods in short supply. b) is the value of the next best a...
Questions in other subjects:
Mathematics, 21.10.2020 02:01
Chemistry, 21.10.2020 02:01
English, 21.10.2020 02:01
English, 21.10.2020 02:01
