Of two optional actions, the sum of the numbers that measure the costs and the benefits that would result from your choosing either option is referred to as the __________ good. Group of answer choices sum total quantitative aggregate cost–benefit

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A: A business entity has stakeholders to whom it has a responsibility.

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Q: of Consider the following cost data for a perfectly competitive firm in the short run. Assume the…

A: A perfectly competitive firm is a price taker as there are many firms producing identical goods.

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Q: Is sector/industry analysis valuable? Why or why not? Explain.

A: Both sector as well as industry analysis are valuable. Entrepreneurs use sector analysis to evaluate…

Q: Question 23 If the benefit-cost ratio is 0.5, this means: A the benefit is not justifiable by 50% B…

A: Answer is given below

Q: If the input is fixed, the goal is to (minimize or maximize) the present worth of benefits.

A: Every firms decides to get a positive return on the expenses incurred by it on the production of…

Q: How many plates of claims will Bob consume in total?

A: The consumption done by the individual provides the marginal benefit to the consumer and the…

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Q: 1. Should you continue to read it? 2. Would your answer to (a) be changed if (i) it was a gift or…

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Q: Creative Homework/Short Project As an account executive with a market research firm, you are…

A: Note: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question…

Q: Which of the following are relevant costs when a firm attempts to decide on the best course of…

A: Cost refers to the monetary or resource value expended to obtain goods, services, or assets. It is…

Q: Match the concept according to their definition Prompts Submitted Answers Break-even point Choose a…

A: THE ANSWER IS GIVEN BELOW

Q: 01. What is the per-unit opportunity cost of product X as production moves from point B to point D?…

A: Opportunity cost is the cost of an alternative that must be forgone in order to pursue a certain…

Q: Make a conceptual framework about this.. As of now most of the local farmers are currently…

A: Farmers are very important for any economy.They form the backbone of economy.Agriculture is the…

Q: Meat pounds) 120 A 90 D 60 B 30 Vegetables (pounds) 20 40 60 80 100 120 140 160 The efficient points…

A: Budget line represent the combination of goods and service that a consumer can obtain at the given…

Q: Select all of the correct answers. Final exam mark 100 90 80 70 60 50 40 30 20 10 0 Feasible set 13…

A: The PPF is all those output combinations that can be efficiently attained provided the current…

Q: What is the Benefit/cost ratio of a project if the PW benefits is equal to $100,000 and the PW costs…

A: Benefit-cost ratio:- In a cost-benefit analysis, a benefit-cost ratio is used to summarize the…

Q: Calculate the economic impact of a selected sport event. Include (a) the net economic change…

A: "Note: The question has been answered in a generalized manner." Economic change refers to the…

Q: When a student chooses to take an exam instead of skipping it for a hunting trip, what is the…

A: Student has options either take an exam or go for hunting trip.  Student decides to take exam…

Q: Describe how and why people and businesses make decisions based on marginal costs and marginal…

A: The firm or individual makes decision based on the equilibrium between the marginal cost and…

Q: A firm has the following benefits and costs equations: B(Q) = 450Q - 26Q² and MC(Q) = 136Q The Q…

A: Given are the total benefits and total costs of the firm. The Q where total benefit would be…

Q: 20 18 Stock DET 16 14 12 Stock AIL 10 Stock INO 6 4 2 0.2 0.4 0.6 0.8 1.0 1.2 1.4 1.6 1.8 2.0 RISK…

A:

Q: After graduating college Allen wants to start a business selling hats. He has saved $10,000 which…

A: The person saved $10000 to start an online store. The person's father recommended to invest at…

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Q: The benefit-cost ratio of a project represents its time-valued benefit per unit investment (first…

A: In economics, when people invest their money, they make different types of analyses to analyze the…

Q: What is the total benefit associated with producing four units of the control variable, Q (identify…

A: To identify the total benefit (B(Q)) associated with producing four units of the control variable…

Q: Economists charged with the responsibility for performing a benefit–cost analysis encounter many…

A: Tangible benefits are those which are obvious and general in nature, usually countable or measurable…

Q: Which of the following DOES NOT agree with the definition/description of Benefit-Cost ratio? A.…

A: The benefit-Cost ratio is a method to analyse the economic worthiness of a project. It compares the…

Q: QUESTION 2 Based on this week's readings, select the item(s) which are a cost-benefit analysis…

A: The point here is to identify the right advances associated with a money-saving advantage-checking…

Q: o determine the value of a bridge to members of a community, why is asking them directly not a…

A: The benefit or cost being caused by a producer not received or incurred financially by the producer…

Q: What is meant by 'opportunity cost'? A) The cost of making a product B) The cost of not taking an…

A: The cost is the expenditure of a firm when it utilizes its resources for producing goods and…

Q: Which one of the following is not a characteristic of good problem statements: Activities and…

A: Before problem-solving teams begin, they should be given (or established with) a Good Problem…

Q: O Job occurs when two people do one job.

A: Employment: It refers to the number of people who are working willingly within a specified period of…

Q: All of the following would be considered in evaluating product or sales mix allocations, except

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Q: (a) Analyze the data and identify the mostexpensive child. (b) Analyze the data and identify the…

A: The data can be interpreted according to the table given as the values in the table signify some or…

Q: What is the total benefit associated with producing four units of the control variable, Q (identify…

A: The overall positive outcomes and gains that result from a particular decision, action, or project…

Q: Which of the following is NOT an example of improper methods when conducting a cost-benefit…

A: A cost-benefit analysis is a systematic process used by businesses to determine which decisions…

Q: A benefit-cost ratio greater than one implies that the benefits outweigh the costs which makes the…

A:

Q: ✓ An engineering firm recently conducted a study to determine its benefit and cost structure. The…

A: Net Benefit is the difference between Benefit B(Y) and Cost C(Y). Optimal level is where Marginal…

Q: Activity Cost, $ Score Tethered Aerostats 3.3 8 Boots-on-the-Ground 30.1 52 Fence 11.2 12 Motion…

A: *Answer:  First we will find the the cost effectiveness ratio for each of the activity . It is given…