answersLogoWhite

0

Economics

User Avatar

Isadore Labadie

Lvl 10
2y ago
No Reviews
Leave the first rating

Rate this Study Guide:

Cards in this guide (17)
Why does the government give tax incentives for business

government incentives are necessary for the government to offer to businesses for various reasons such as the government would want to create industrialization and development in an area and this is one big reason to why government offer incentives and to the businesses; is that the business can expand and enjoy economies of scale.

How to know if he is really over you

He finds someone else to share things with,AND IT IS NOT YOU!

How did cost-benefit analysis help traders make decisions about business

Cost-benefit analysis helped traders make decisions about business by letting them decide if things were at too high of a cost to trade. Cost-benefit analysis helped traders make decisions about business by letting them decide if things were at too high of a cost to trade. Cost-benefit analysis helped traders make decisions about business by letting them decide if things were at too high of a cost to trade. Cost-benefit analysis helped traders make decisions about business by letting them decide if things were at too high of a cost to trade.

What is the opportunity cost of buying a new car

Anything that is not the car can be an oppertunity cost. for an instants an ipod or a house can be the oppertunity cost. the definiton of oppertunity cost is the value of the next best akternative given up when a choice a made.

When factors of production perform only tasks they can do more efficiently than others

Specialization is when factors of production perform only tasks they can do more efficiently than others. This is argued to maximize efficiency, but also increases interdependence among aspects of production.

What statement best describes the New Real Estate Industry

Flat.

What would be the opportunity cost of a new 500 federal stimulus plan

the opportunity cost would that it will put the government in big defected in order to provide temporarat relief to business and institutions and envirment so on.

When will a cost benefit analysis be done

when will a cost benefit analysis be done

societies make decisions about how to produce certain goods by

considering whether companies or the government should make the goods.

what role do entrepreneurs play in the economic decisions a society makes

They organize resources to try to meet a society's wants and needs.

What is a major similarity between economic wants and economic needs

People try to fulfill both with limited resources.

which statement best describes the economic concept of scarcity

People have unlimited wants and limited resources to fulfill them.

which person is an example of an entrepreneur

A designer who starts a new fashion company

Which situation would reduce the scarcity of a product

A foreign country begins exporting the product in high volume.

which option is an example of capital as a factor of production

An industrial assembly line

Which description is the best example of human capital

A doctor with expertise in medicine

Which situation best describes an opportunity cost

A person who buys a new laptop doesn't have money to buy new

headphones.

Related study guides

Economics

16 cards

Why does the government give tax incentives for business

How to know if he is really over you

How did cost-benefit analysis help traders make decisions about business

What is the opportunity cost of buying a new car

➡️
See all cards
3.67
3 Reviews

Economics

26 cards

What are the economic tools of managerial decision making

Who determines what goods are produced in a market economy

How did cost-benefit analysis help traders make decisions about business

When factors of production perform only tasks they can do more efficiently than others

➡️
See all cards
3.0
2 Reviews

Economics

25 cards

How did cost-benefit analysis help traders make decisions about business

What is the opportunity cost of buying a new car

When factors of production perform only tasks they can do more efficiently than others

Which of the following is perhaps the most frequent cause of difficulty or failure when studying economics

➡️
See all cards
5.0
1 Review

Economics

26 cards

How did cost-benefit analysis help traders make decisions about business

What is the opportunity cost of buying a new car

When factors of production perform only tasks they can do more efficiently than others

In the circular flow of goods and services which of these do households not receive

➡️
See all cards
5.0
1 Review

Economics

23 cards

How did cost-benefit analysis help traders make decisions about business

What is the opportunity cost of buying a new car

When factors of production perform only tasks they can do more efficiently than others

Which of the following is perhaps the most frequent cause of difficulty or failure when studying economics

➡️
See all cards
5.0
1 Review