sierrabuckner6591 sierrabuckner6591
  • 23-08-2017
  • Business
contestada

Opportunity costs occur when decisions are made. economists recommend that those decisions be based on what?

Respuesta :

Erudite1
Erudite1 Erudite1
  • 30-08-2017
Those decisions should be based on COSTS AND BENEFITS.
In making decision on which course to follow, the decision made will be based on the costs of the products involved and the benefits that each one of them has to offer. The product with the lowest cost and the highest benefits should be chosen.
Answer Link

Otras preguntas

What is 3 to the 3rd power times 3 to the 4th power
A soccer ball is kicked straight up from the ground with an initial velocity of 32 feet per second. Its height above ground in feet is given by: s(t)=-16t^2 +32
Factor by grouping:4-12r+9r^2i know the answer is (2-3r)^2Can anyone explain to me how it is?
write a paragraph on wonders of science
What year did the Mayflower sail the ocean blue?
what are the rational numbers of -12,0,35,4.85,√12,√36,19/6,-10/11,1.4949949994
Jim, Carla and Tomy are members of the same family.  Carla is 5 years older than Jim.  Tomy is 6 years older than Carla.  The sum of their 3 ages is 31 years. H
what is the gcf and lcm of 390 and 250
Georges Cuvier's discovery of fossils of Irish elk and giant ground sloth:
what are the rational numbers of -12,0,35,4.85,√12,√36,19/6,-10/11,1.4949949994