Here price level is inflexible downward in aggregate demand and a recession has occurred. A stiff object is challenging to bend. A stiff back may make it difficult to reach your toes while bending over.
what is aggregate demand ?
The total amount spent on domestic goods and services in an economy is known as aggregate demand. The relationship between the amount of total spending in the economy and the price level for products is depicted by the aggregate demand curve's downward slope.
A very busy schedule can be the root of your incapacity to adjust or accommodate your plans for others. Inflexible is defined as having no ability to bend by combining the Latin roots for the words flectere, which means "to bend," and in-, which means "not." Ballet is not for persons who are inflexible or who are naturally not flexible. The rigid, highly rigid, or extremely set in their ways are not good candidates for compromise.
learn more about aggregate demand:
https://brainly.com/question/24319248
#SPJ4
The question was incomplete. Check below the full question.
when aggregate demand declines, the price level may remain constant, at least for a time, because
a. firm individually may fear that their price cut may set off a price war.
b. menu cost rise.
c. price cut trend to increase efficiency wages.
d. product markets are highly competitive.
chad has received the following income and benefits during the current year: $65,000 salary, $4,800 employer-provided health insurance, $1,500 municipal bond interest, $2,000 dividend income, $500 from a partnership, and a $10,000 judgment for lost wages due to an age discrimination lawsuit. what amounts should chad include in his gross income? (check all that apply.)
The amounts should chad include in his gross income is $2000 dividend income, $500 partnership income, $10,000 judgement, $65,000 salary.
What is dividend income?Dividends are sums of money given to you by a corporation in exchange for your ownership of its stock. You must report your dividend income to Revenue since it is taxable.
If the sum of payments you receive that were not subject to Pay As You Earn (PAYE) tax is:
If you earn less than €5,000 per year, use my Account to report it on your Form 12 Income Tax Return. If you earn more than €5,000 per year, you must sign up for self-assessment. File your tax return (Form 11) on Revenue Online Services after registering (ROS).
Your other income is increased by dividend income. Your overall income as well as your unique circumstances determine the income tax (IT) rate you will pay.
to know more about dividends check the link given below:
brainly.com/question/17438552
#SPJ9
The _________ strategy involves seeking low cost production facilities, cutting costs and using tight cost controls to be more efficient than competitors.
Answer:The (cost leadership) strategy involves seeking low cost production facilities, cutting costs and using tight cost controls to be more efficient than competitors.
Explanation:Cost leaders focus their attention on increasing the efficiency of production processes to lower production costs. Low costs allow them to lower prices while still making a profit.
a recent college graduate buys a new car by borrowing $20,000 at 7.2%, compounded monthly, for 4 years. she decides to pay $501 instead of the monthly payment required by the loan.
The excess amount will not only decrease principal loan outstanding, but also reduce interest burden.
Customers typically save a significant amount on interest if they can prepay their loan in full quite early on in the term of the loan. The typical lock-in period for a personal loan is one year, after which the entire balance may be returned.
The secret is to settle the entire amount at the beginning of the loan's term in order to benefit from paying less interest. Even though the customer may have paid most of the interest by this point in the repayment period, it is always preferable to prepay the loan and get the debt off your back.
To learn more about loan click here:
https://brainly.com/question/8347317
#SPJ4
a forecasting framework for predicting perceived fatigue: using time series methods to forecast ratings of perceived exertion with features from wearable sensors
If our work is based on a forecasting framework for predicting perceived fatigue our research would be aimed to investigate the availability of predicting perceived fatigue.
We can collect a novel data set presuming the time series analysis that could include the sample size of 60 participants of the people who follow exercise. Result, each subject must be provided with a subjective exhaustion measurement during the training, which can be further used as the target variable for prediction purposes. The system might not work very well the initial few times, but it might eventually adjust to the circumstances.
Result, it is necessary for the application of applied research to assess previously taught machine learning models for fatigue prediction in the real world.
For more questions like Forecasting Framework visit the link below:
https://brainly.com/question/15542776
#SPJ4
economic regulations are illustrated by which action? group of answer choices allowing market forces to set prices. preventing anticompetitive business practices. providing protection of pension benefits. ensuring safe working conditions.
Economic regulations are illustrated by preventing anticompetitive business practices. Thus, the correct option is B). Preventing anticompetitive business practice.
What are the economic regulations?“Economic regulation” refers to the rules that limit the different activities related to the business organization like who can enter a business and what prices they may charge.
Economic regulations plays a very significant role in an economy as it focuses on the on the pursuit of economic efficiency.
Basically, economic regulations refers to the application of law by government or regulatory agencies for various purposes.
Learn more about economic regulations here:-
https://brainly.com/question/11223279
#SPJ1
complete the sentence
is the sacrifice involved in making on decision over another
An opportunity cost is the sacrifice involved in making on decision over another.
What is an Opportunity costs?It is an important concept in economics that represent the potential benefits that an individual, investor, business etc misses out on when choosing one alternative over another. The term opportunity costs can be easily overlooked but when we understand the potential missed opportunities when a business or individual chooses one investment over another, then, its allows for better decision making.
That said, it is seen as the forgone benefit that would have been derived from an option not chosen. In other to evaluate it, the costs & benefits of every option available must be considered and weighed against the others.
Examples is the scenario of investing in a new manufacturing plant in Los Angeles as opposed to Mexico City while deciding not to upgrade company equipment or opting for the most expensive product packaging option over cheaper options.
Read more about Opportunity costs
brainly.com/question/1549591
#SPJ1
consider two competing brands, (brand a and brand b) in the same market. both brands are increasing their unit market share. brand b's rate of increase in market share is somewhat greater than brand a's rate of increase. in this situation, which is correct:
B's customers are more price sensitive than A's customers.
Price sensitivity measures how much the price of goods and services influences customers' willingness to purchase them.
Customers who are price sensitive consider price to be an important factor in their purchase. Some customers consider extremely low prices to be too good to be true and may assign a low value to a product before trying it. These high-end customers frequently refuse to buy a lower-priced product.
Learn more on price sensitive -
https://brainly.com/question/18958195
#SPJ4
for each of the following, explain whether you think the situation is efficient or not. if it is not efficient, why not? what actions would make it efficient?
On the approach option A, and option B are not efficient. But Option C is efficient. because The number of students enrolled in a particular subject exceeds the number of available spots. Some students who need to take this course to fulfill their major requirements are unable to enroll, whereas others who take it as an elective are able to.
A) This approach is not efficient. Many students would benefit from turning down the lights, while no one else would suffer since the institution would save money on the power that it could spend on student programming.
Residents do not consider the negative side impact they impose on their institution by keeping lights and appliances on when they leave their rooms. If students were compelled to pay their power bills (that is, if the cost of their activities was fully considered), they would switch off lights and appliances while leaving their rooms.
B) This would be not an efficient scenario. This is inefficient. Rather than presenting meals that many guests dislike.
C) Efficient, The number of students enrolled in a given subject exceeds the number of available places. Some students who need to take this course to satisfy their major cannot acquire a place, although others who take it as an elective do.
To know more about the word efficient, used the following link.
https://brainly.com/question/20560983
The complete Question is :
Explain if you believe the scenario is efficient or not in each of the following examples. Why not if it is inefficient? What activities would be most effective in this situation?
a. Electricity is included with your dorm cost. Some dorm students leave lights, laptops, and appliances on when they leave their rooms.
b. Even though they both cost the same to prepare, the cafeteria in your dorm continually serves too many meals that diners dislike, such as tofu casserole, and too few dishes that diners enjoy, such as roast turkey with dressing.
c. The number of students enrolled in a given subject exceeds the number of available places. Some students who need to take this course to satisfy their major cannot acquire a place, although others who take it as an elective do.
#SPJ9
Why does the united states have limited to no trade with countries like cuba and venezuela?.
In reaction to specific measures made by the Cuban government, Kennedy declared an embargo on trade between the two countries. He then gave the Departments of Commerce and the Treasury the authority to enact the embargo, which is still in effect today.
How was Cuban government?Founded on the "one state, one party" tenet, Cuba has had a socialist political system since 1959. In accordance with its constitution, Cuba is a Marxist-Leninist socialist nation, with its political philosophies influenced in part by those of Friedrich Engels, Vladimir Lenin, and Karl Marx, one of the founders of historical materialism. The Cuban government asserts that, despite being perceived as a one-party Communist state, José Mart's nationalist philosophy is the primary factor influencing Cuban politics. The Communist Party of Cuba is described as the "leading force of society and of the state" in the current Cuban Constitution, which was approved in a referendum in 2019. It is also given the power to decide on national policy.
To learn more about Cuban government, visit:
https://brainly.com/question/11110109
#SPJ4
When considering sales and operations planning for services, a strategy to vary workforce levels, where additional full-time or part time employees are hired during peak demand periods while a smaller, permanent staff is maintained year-round is known as?.
[tex] \: \huge \tt{\green{A}{\orange{n}s{\blue{W}{\pink{e}{\purple{r}}}}}} \\ \\ \: \: \rightarrow \: \sf \: \: Tiered \: \: workforce[/tex]
In the ibm video case what is knowledge management?, how can a knowledge management system help a company ensure business continuity when an employee leaves the company?.
Knowledge management is defined as the collection of methods that is related to creating, sharing, using, and managing the knowledge of an organization.
A knowledge management system can help a company because it has all the data and information about the company.
What is the meaning of knowledge management?Knowledge management is the process by which an enterprise collects, organizes, and analyzes its data or knowledge that is easily accessible to employees as well as customers. The knowledge includes technical resources, asked questions, documents, and skills. The four components of knowledge management are people, process, content, and strategy. Regardless of the industry, size, and knowledge that needs of your organization, you always need people to lead, run and support knowledge sharing.
A knowledge management system is a tool that is used by companies to help in organizing documentation and other information into easily accessible formats for both the internal employees and outsiders of the company i.e. customers.
So we can conclude that the collection methods that are related to creating and managing the knowledge of an organization are known as Knowledge management.
Learn more about knowledge here: https://brainly.com/question/25609554
#SPJ1
Grande company had credit sales of $20,000 in the current period. Accounts receivable had a beginning balance of $4,000 and an ending balance of $5,000. Compute its cash collections from its credit sales for the current period.
The cash collection from its credit sales for the current period is $19,000.
What is credit sales?The sale of commodities in which payment has not been made in the current time when the purchase took place is referred to as a credit sale. Here the payment will take place at a later date.
The calculation for cash collection
credit sales = $20,000
beginning balance = $4,000
ending balance = $5,000
Cash Collections = (Beginning Balance of AR + Credit Sales) - Ending Balance of AR
Cash collection =($4,000 + $20,000) - $5,000
= $24,000 - $5,000
= $19,000
Therefore, the number of cash collections from its credit sales for the current period is $19,000
Learn more about cash collections, here:
https://brainly.com/question/22850167
#SPJ1
a retailer purchases merchandise with a catalog list price of $30,000. the retailer receives a 15% trade discount and has credit terms of 2/10, n/30. how much cash will be needed to pay this invoice within the discount period?
If a retailer purchases merchandise with a catalog list price of $30,000 . The amount of cash that will be needed to pay this invoice within the discount period is: $24,990.
Cash required to pay invoiceFirst step is to calculate the Price after Trade Discount using this formula
Price after Trade Discount = Catalog Price - Trade Discount
Let plug in the formula
Price after Trade Discount = $30,000 - (15% × $30,000)
Price after Trade Discount = $30,000 - $4,500
Price after Trade Discount = $25,500
Second step is to calculate the Cash required to pay invoice using this formula
Cash required to pay invoice = Price after Trade Discount - Purchase Discount
Let plug in the formula
Cash required to pay invoice = $25,500 - (2% × $25,500)
Cash required to pay invoice = $25,500 - $510
Cash required to pay invoice = $24,990
Therefore the amount of cash needed is: $24,990.
Learn more about cash here: https://brainly.com/question/24179665
#SPJ1
When a movie trailer is released far in advance of the release of the movie itself, what marketing concept is
MOST likely being used?
push marketing
content
hype
buzz
Answer:
it's either hype or buzz
Answer: hype
Explanation:
the four-firm concentration ratio indicates the total profitability among the top four firms in an industry. is an indicator of the degree of monopolistic competition. indicates the presence and intensity of an oligopoly market. is used by the government as a basis for anti-trust cases.
Tells us that there is an oligopoly market and that it is active.
What is the ratio of four firms? Which does it suggest?The concentration ratio reveals whether an industry is made up of numerous small enterprises or a few major ones. The market share of the four biggest companies in an industry, stated as a percentage, makes up the four-firm concentration ratio, which is a frequently used concentration ratio.
What is the optimal competition four-firm concentration ratio?The concentration ratio of four firms
The concentration ratio can range anywhere between practically zero for ideal competition and 100% for monopoly. A ratio higher than 40% is a sign of oligopoly. Less than 40% of the ratio is a sign of monopolistic competition.
To Know more about oligopoly market
https://brainly.com/question/14093864
#SPJ9
dée trader opens a brokerage account and purchases 300 shares of internet dreams at $34 per share. she borrows $4,400 from her broker to help pay for the purchase. the interest rate on the loan is 7%. required: a. what is the margin in dée’s account when she first purchases the stock?
The stock is purchased for $34 × 300 shares = $10,200.
Given that the amount borrowed from the broker is $4,400, Dee's margin is the initial purchase price net borrowing: $10,200 - $4,400 = $5,800.
What is Stock ?
Stock, as used in finance, refers to the shares into which a corporation or company's ownership is divided. A single share of stock represents a fractional ownership interest in the company based on the total number of shares. Once all senior claims, such as secured and unsecured debt, have been satisfied, this typically entitles the shareholder (stockholder) to that portion of the company's earnings, proceeds from the liquidation of assets, or voting power, frequently allocating these in proportion to the amount of money each stockholder has invested.
Not every class of stock is created equal; some may have improved voting rights, no voting restrictions, or a specific priority to earn profits or liquidation proceeds before or after other classes of shareholders.
To learn more about Stock checkout the link below :
https://brainly.com/question/26128641
#SPJ9
the first flat-screen televisions were expensive and offered by few manufacturers. however, within a few years, most televisions incorporated that technology.
Maturity the first flat-screen televisions were expensive and offered by few manufacturers. however, within a few years, most televisions incorporated that technology.
Technology is the appliance of knowledge to reach practical goals in an identifiable Associate in a nursing reproducible way. The word technology may conjointly mean the merchandise of such an endeavor. The use of technology is wide-rife in medicine, science, industry, communication, transportation, and daily life. Technologies embody physical objects like utensils or machines and intangible tools such as software.
Many technological advancements have LED to social group changes. The earliest well-known technology is the stone tool, employed in the prehistoric era, followed by fire use, which contributed to the growth of the human brain and therefore the development of language in the Ice Age. The invention of the wheel in the Bronze Age enabled wider travel and the creation of a lot of complex machines. Recent technological developments, together with the printing press, the telephone, and the Internet have lowered communication barriers and ushered in the knowledge economy.
Learn more about Technology here: https://brainly.com/question/25110079
#SPJ1
Damon is a small business entrepreneur. He has certain business goals in mind. However, his employees are unable to deliver the necessary results
because Damon does not articulate the goals clearly. Which entrepreneurial skill does Damon lack?
Damon does not articulate the goals clearly the entrepreneurial skill does Damon lack Communication.
What do you mean by entrepreneurial skills?Entrepreneurship requires a variety of abilities, including leadership, business management, time management, creative problem-solving, and leadership. These abilities are transferable to numerous professions and sectors. These entrepreneurial abilities are essential for fostering creativity, business expansion, and competition.
What is the greatest way to define communication?Definition of communication according to 1a: the exchange of information between people using a shared set of signs, behaviors, or symbols. Pheromones are also used in insect communication.
To Know more about goals
https://brainly.com/question/21032773
#SPJ9
as a project manager, you would use the stakeholder analysis matrix to manage communications with external entities such as customers, vendors, and regulatory bodies.
The statement above is false. Because the correct order of tasks in a stakeholder analysis is not manage communications with external entities such as customers, vendors, and regulatory bodies.
Stakeholder analysis can be defined as the process of assessing a system and potential changes to it as they relate to relevant and interested parties.
There are three essential steps in stakeholder analysis, such as:
1) Stakeholder analysis is used to identifying the key stakeholders and their interests (positive or negative) in the project;
2) Stakeholder analysis is used to assessing the influence of, importance of, and level of impact upon each stakeholder;
3) Stakeholder analysis is used to identifying how best to engage stakeholders.
Learn more about stakeholder analysis here https://brainly.com/question/28287319
#SPJ4
productivity is measured as group of answer choices the change in total production over time. the number of hours of work per month per worker. an increase in the gdp of a nation. the dollar value of a worker’s hour of work.
Labor productivity is measured as group of answer choices the change in total production over time.
The required details about Labor productivity is mentioned below.
Labor productivity is a measure of a country's economy's hourly output.. It displays data on the real gross domestic product (GDP) generated by an hour of labor. Three primary components—saving for and investing in physical capital, new technology, and human capital—are necessary for increasing labor productivity.
What the actual GDP means
The gross domestic product (GDP) of a nation is a monetary indicator of the final products and services—those purchased by the consumer—that were created over a specific time period (say a quarter or a year). It tracks all domestic production that occurs within a country's borders.
To learn about GDP, visit here.
https://brainly.com/question/1383956
#SPJ4
Workforce Trends refers to...
A) Labor Workforce
B) Employers
C) Employees
Workforce trend refers to employers.
The workplace is a dynamic setting that constantly changes as the corporation looks to develop new strategies for success. Every organization looks forward to bettering its current practices. These adjustments would affect people's behavior as well as how the organization operates. Workforce trends are the alterations that the workplace has undergone over time.
Organizations should closely monitor workplace trends so they can assess how the changes will affect their operations. The management/employer is better able to comprehend the trends, and they are then followed. Better benefits, motivating workers to have a flexible work-life balance, or even upgrading cubicles by switching to an open-concept floor plan are just a few examples of workforce trends.
Read more about workforce trends on:
https://brainly.com/question/14971057
#SPJ1
alesha, inc., has current assets of $4,300, net fixed assets of $24,000, current liabilities of $2,900, and long-term debt of $10,700. (do not round intermediate calculations.) what is the value of the shareholders' equity account for this firm? how much is net working capital?
According to the solving the value of the shareholders' equity account for this firm and net working capital is:
shareholders' equity = 14,700
net working capital = 1,400
What does the term "shareholders' equity" mean?The amount that a founder of the company have invested in the company is referred to as equity held by shareholders. This includes both the money they had directly invested and all of the earnings the company has made and reinvested since it was founded.
What exactly is net working capital?The difference between such a company's current assets—such as business cash, accounts receivable/unpaid invoices from customers, including inventories of raw materials and completed goods—and its current liabilities—such as debts and accounts.
According to the given data:Given:
current assets of $4,300
net fixed assets of $24,000
current liabilities of $2,900
long-term debt of $10,700
Shareholder's equity = Assets - Liabilities
= (4,300 + 24,000) - (10,700 - 2,900)
= 14,700
NWC = Current Assets - Current Liabilities
= 4,300 - 2,900
= 1,400
To know more about shareholders' equity visit:
https://brainly.com/question/14770156
#SPJ9
what measures the change in prices of a basket of goods and services in a given year
recession
depression
deflation
inflation
The measure of changes in the price of a basket of goods and services in a given year is inflation.
What is inflation?
Inflation is when there is a persistent and consistent increase in the general price levels in an economy. Inflation can be caused by an increase in the cost of production or an increase in the demand for goods and services.
Demand pull inflation occurs as a result of an excess of demand over supply. When demand exceeds supply, prices rise. Cost push inflation occurs when the cost of production increases. This leads to a reduction in supply. Higher prices are the result.
To learn more about inflation, please check: https://brainly.com/question/28136474
#SPJ1
Home enterprises employs itzak to buy property for a possible residential development. Itzak secretly buys some of the property and sells it to home enterprises at a profit. Itzak has breached.
Itzak has breached Duty of loyalty
All decisions made by a corporation's directors and officers as corporate fiduciaries must be made without their capacity as corporate fiduciaries must be made without any personal or financial conflicts, according to the concept of the duty of loyalty. Loyalty duties may be violated by doing self-serving business or abusing commercial opportunities.
To fulfill their fiduciary responsibility of loyalty, a fiduciary must disclose all relevant facts before participating in a personality transaction and taking advantage of a commercial opportunity. Following that, either a majority of disinterested investors or a majority of uninterested directors must approve the transaction.
To know more about Duty of loyalty refer to https://brainly.com/question/28328656
#SPJ9
Arthur has $19,500 to invest, and wishes to gain $8,000 in interest over eleven years. approximately what is the minimum simple interest rate that arthur needs to achieve his goal? a. 2.64% b. 3.04% c. 3.72% d. 4.51% please select the best answer from the choices provided a b c d
Option c. 3.72% is the correct option of the given statement.
What is simple & compound interest?Typically, simple interest is a predetermined proportion of the principal amount borrowed or lent that is paid or received over the course of a given period. Borrowers are required to pay interest on interest in addition to principal due to compound interest, which accrues and is added to the accrued interest from prior periods.
What is the method to calculate simple interest?The formula for calculating simple interest is S.I. = P R T, where P stands for principal, R for the annual percentage rate of interest, and T for time, which is typically expressed as the number of years. The interest rate is expressed as a percentage, or r%, and should be represented as r/100.
To know more about simple interest visit:
https://brainly.com/question/28655726
#SPJ9
A merchandiser returned inventory worth $1900 that was purchased on account. in a periodic inventory system, the journal entry to record the return would include ________.
A merchandiser returned inventory worth $1900 that was purchased on account. in a periodic inventory system, the journal entry to record the return would include a debit to Accounts Payable for $1,900 and a $1,900 credit to Purchase Returns & Allowances.
It must include a debit to Accounts Payable for $1,900 and a $1,900 credit to purchase returns & allowances because at the time of purchase the accounts payable account would have been credited. In order to give the effect of returns and allowances, the accounts payable account, at the time of return is debited. Also, the purchase returns and allowance account is credited with an amount equal to that of the return value of the goods
Learn more about journal entries here:
https://brainly.com/question/26446159
#SPJ4
harry spent $39,000 in 2009 and $42,000 in 2014 on goods and services. the consumer price index was 220 for 2009 and 231 for 2014. harry’s 2009 spending in 2014 dollars is about a. $40,857. b. $43,290. c. $40,950. d. $37,143.
Harry spent $39,000 in 2009 and $42,000 in 2014 on goods and services. The consumer price index was 220 for 2009
and 231 for 2014. Harry's 2009 spending in 2014 dollars is about $40,950
In economics, goods are those that fulfill human needs and offer usefulness, such as to a customer buying a pleasant product. It is usual practice to distinguish between transferable products and non-transferable services.
A good is referred to as a "economic good" if its demand outweighs its supply and it requires human effort to achieve. Free things, however, like air, are always available and don't require any intentional effort to obtain. Private goods are items that people possess and use on a daily basis that are unrelated to food, such as televisions, couches, wallets, cell phones, and nearly anything else.
Learn more about goods here:
https://brainly.com/question/15090683
#SPJ4
suppose that the government changes the tax code to allow additional amounts of money to be placed in 401(k) retirement accounts, increasing the extent to which people can delay their tax obligations. show the effect by shifting the appropriate curve in the market for loanable funds.
Private investment would rise as borrowing costs dropped as a result of this model.
The effect can be observed by shifting the supply curve to the right and the demand curve stays where it is, as shown in the graph.
What are supply and demand graphs?The price of an item and the volume supplied by producers are depicted by a supply curve. In the scenario of perfect competition, firms will increase output if the marginal cost of producing an additional unit is lower than the price they are paid on the market.A demand curve represents the amount of a specific good that buyers are willing and able to purchase at various prices, providing all other drivers of demand are held constant, such as income, tastes and preferences, and the pricing of alternative and complementary commodities. The demand curve constantly slopes downward in accordance with the law of demand, which means that when the price drops, people will purchase more of the product.To learn more about supply and demand graphs, refer to:
https://brainly.com/question/17043184
#SPJ9
alexander hamilton’s fiscal plan for the new government was met with opposition, but eventually he and thomas jefferson brokered a creative bargain, or compromise, in 1790. complete the following passage describing this agreement.
The Compromise of 1790 was a compromise between Alexander Hamilton, Thomas Jefferson, and James Madison, wherein Hamilton received the choice for the national government to take over and pay the kingdom debts, and Jefferson and Madison obtained the national capital (District of Columbia) for the South.
Thomas Jefferson objected strongly to Hamilton's proposal for a national financial institution. the various reasons he and his followers gave for his or her competition, the subsequent were the most critical: With its unique powers and privileges, the U.S. financial institution might restrict the development of state banks.
Hamilton supplied to support that purpose if southerners agreed to his plan to pay off the country's money owed.
Madison and others universal the compromise. In July 1790, Congress voted to pay state money owed and to build the brand new capitol town in the South.
Learn more about Alexander Hamilton here: https://brainly.com/question/28294062
#SPJ1
Answer:
1: Southerners
2: Virginia and Maryland
3: Slaves
Explanation:
Choosing to take the day off over going to work is an example of a(n).
O fixed cost
Oopportunity cost
Ovariable cost
Onone of the above
Choosing to take the day off over going to work is an example of a(n) opportunity cost.
The value or advantage forfeited by engaging in a specific activity in comparison to engaging in a different activity is known as the opportunity cost in microeconomic theory. Simply put, it means that if you choose one activity, you forfeit the chance to do another.
The worth of what you forgo while deciding between two or more possibilities is known as opportunity cost. You make a choice because you believe it will benefit you more in the long run, despite any potential downsides.
You will take into account the opportunity cost while making decisions because it forces you to give up other options. This enables you to make judgments that are more resource-efficient from an economic standpoint.
Learn more about opportunity cost here:
https://brainly.com/question/13036997
#SPJ9