Business, 13.01.2020 08:31 taniyasmith
Why does the law of increasing opportunity cost occur?
a. some resources are better suited for some tasks than others.
b. as opportunity cost increases, production increases.
c. the marginal market price of goods rises as more is produced.
d. as opportunity cost increases, production decreases.
Answers: 3
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All else being equal, which is true about a firm with high operating leverage relative to a firm with low operating leverage? select one: a. a higher percentage of the high operating leverage firm's costs are fixed. b. the high operating leverage firm is exposed to less risk. c. the debt payments limit the high operating leverage firm's opportunities to turn a big profit. d. the high operating leverage firm has more debt.
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Business, 22.06.2019 04:00
Donβt give me to many notifications because it will cause you to lose alot of points
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Business, 22.06.2019 07:30
Jewelry manufacturers produce a range of products such as rings, necklaces, bracelets, and brooches. what fundamental economic question are they addressing by offering this range of items?
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Business, 22.06.2019 10:00
Scenario: you have advised the owner of bond's gym that the best thing to do would be to raise the price of a monthly membership. the owner wants to know what may happen once this price increase goes into effect. what will most likely occur after the price of a monthly membership increases? check all that apply. current members will pay more per month. the quantity demanded for memberships will decrease. the number of available memberships will increase. the owner will make more money. bond's gym will receive more membership applications.
Answers: 1
Why does the law of increasing opportunity cost occur?
a. some resources are better suited fo...
a. some resources are better suited fo...
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