Business, 23.04.2020 23:26, ahmadfarriz5948
Tom has said he would be willing to drive across town in order to save $10 on the purchase of a $20 clock radio. If Tom is rational, this implies that he:
A) should not drive across town to save $10 on a $500 television set.
B) unanswered should drive across town only if the savings on a $500 television set is at least $250.
C) unanswered believes his opportunity cost of the trip is not more than $10.
D) unanswered should also drive across town to save $10 on a $500 television set.
Answers: 2
Business, 21.06.2019 16:00, brendacauani12345
Evelyn would like to open a small business that is categorized as a being in the distribution industry. to do this she could open a establishment.
Answers: 1
Business, 22.06.2019 19:30, jeanlucceltrick09
Consider the following two projects. both have costs of $5,000 in year 1. project 1 provides benefits of $2,000 in each of the first four years only. the second provides benefits of $2,000 for each of years 6 to 10 only. compute the net benefits using a discount rate of 6 percent. repeat using a discount rate of 12 percent. what can you conclude from this exercise?
Answers: 3
Business, 22.06.2019 21:50, Chloe0095
Which of the following best describes the economic effect that results from the government having a budget surplus? a. consumers save more and spend less, enabling long-term financial planning. b. overall demand decreases, reducing the incentive for producers to increase production. c. banks have more deposits, enabling them to make more loans to investors. d. government spending increases, increasing competition for goods and services and driving prices up.
Answers: 3
Tom has said he would be willing to drive across town in order to save $10 on the purchase of a $20...
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