The United States economy is still best described as a mixed economy. It is considered thus because it involves the public, private, and international sector.
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.
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.
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
federal reserve system
In the economical term opportunity cost means the best next alternative forgone
considering whether companies or the government should make the goods.
People have unlimited wants and limited resources to fulfill them.
An inventor who creates a new computer company
A foreign country begins exporting the product in high volume.
An industrial assembly line
A doctor with expertise in medicine
A store that buys a shipment of computers can't afford to buy any new phones
convince people to make certain economic decisions.
overall, people and business consume