BUSINESS ADMINISTRATION
BUSINESS ECONOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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the rest he is getting
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the score he will earn on the math exam
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the wages from his part-time job
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all of the above
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Detailed explanation-1: -procrastination. decision making strategy in which you delay making the decision until someone else makes the decision or until options disappear “by default".
Detailed explanation-2: -Recession – A period in which demand begins to decrease, businesses lower production, unemployment rises, and GDP growth slows for two or more quarters of a calendar year.
Detailed explanation-3: -The opportunity cost of any activity is the highest-valued alternative that must be given up to engage in that activity.
Detailed explanation-4: -Which situation is the best example of opportunity cost? A country chooses to produce bananas instead of wheat. How does specialization enable countries to trade with one another? A country can make and sell goods affordably and buy goods that it is inefficient at making.