Ask Question
BusinessBusiness
4 June, 10:45

Do all choices have costs?

+2
Answers (1)
  1. 4 June, 10:46
    0
    For every choice you make, you are sacrificing something else. For example, when you choose to buy a new phone, you are sacrificing buying a new laptop. The opportunity cost of buying the phone, is the cost of the laptop. Therefore, evey choice has a cost, because in every choice, there is a sacrifice
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Do all choices have costs? ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
This year, FCF Inc. has earnings before interest and taxes of $10 comma 400 comma 000 , depreciation expenses of $1 comma 000 comma 000 , capital expenditures of $1 comma 900 comma 000 , and has increased its net working capital by $ 575 comma 000.
Answers (1)
A stock is expected to pay a dividend of $2.75 at the end of the year (i. e., D1 = $2.75), and it should continue to grow at a constant rate of 5% a year.
Answers (1)
Differential costs are: (CMA adapted) Multiple Choice the difference in total costs that result from selecting one choice instead of another. the profit foregone by selecting one choice instead of another.
Answers (1)
The goal of producing near perfection with less than 3.4 defects per one million opportunities is called
Answers (1)
Tom cruise is a seventeen year-old high school student who works as an assistant manager at the local movie theater.
Answers (1)
New Questions in Business
Which of the following is an example of pretexting? A. A person accessing your email account without permission B. A person stealing a credit card bill from your mailbox C. A retailer scanning your credit card to steal its number D.
Answers (1)
If the price of a product increases, then the budget line rotates and the optimal quantity demanded, which corresponds to the higher price, decreases.
Answers (1)
Jack and Jill have a tenancy in common in an apartment building. After ten years of ownership, Jill dies unexpectedly. On Jill's death, Jill's interest in the property will: a. pass to Jack as tenant in common. b. pass to Jill's heirs. c.
Answers (1)
If the u. s. government increases the deficit and federal debt, what happens to the value of the u. s. dollar?
Answers (1)
Why are imports considered as a leakage factor? A. Imports do not generate domestic income. B. Domestic industry loses ground as imports increase. C. Imports are taxed heavily, which is a secondary leakage factor. D.
Answers (1)
Home » Business » Do all choices have costs?
Sign Up Forgot Password?