Answer:
Benefits enjoyed by not having trash in unused building and vacant plots
Explanation:
Opportunity cost is the foregone benefit by deciding in favor of one item over the others. It is the value of the forfeited option. Opportunity cost is quantified as the cost of the next best alternative.
The local government has two options; to support local businesses or two remove trash from buildings. It has opted to support local businesses. Removing trash is the foregone benefit. The joy of having trash-free buildings and plots is the forfeited advantage. The value of a clean surrounding or the benefits derived by not having trash in the neighborhood is the opportunity cost.
The correct statement is that the next step to be taken by Jackie should be analyzing the resources available in his hands for decision-making of his career. So, the correct option is A.
The analysis of resources can be done by following the process of carefully taking into consideration, the resources that are accessible by Jackie during the entire course of pursuing the career.
<h3>What is a decision-making process?</h3>
A decision-making process is used for deriving at conclusion after taking into consideration the plans, options and the resources that are favorable for accomplishments of such task.
The next step that is to be taken in the decision-making process is to analyze the resources that can be accessed by such person so that a conclusion is derived.
In the case of Jackie, he must take into account the resources that he has for deciding his careers like admission fee, infrastructure, knowledge of the field, etc. and decide the most favorable field.
Hence, the correct option is A that the next step to be taken by Jackie should be analyzing the resources available in his hands for decision-making of his career.
Learn more about decision-making here:
brainly.com/question/3369578
Answer:
The correct answer is A. The cost of a typical unit of output, if total cost is divided evenly over all the units produced
Explanation:
The average cost is the cost per unit of production, this is also called unit cost or average cost. It is called "average" since it is calculated by obtaining an average based on the fixed costs and variable costs of total production.
The average cost can be defined using a mathematical formula, basically it is calculated by dividing the total cost of production by the total amount of products available for sale per unit.
Answer and Explanation:
The computation of the official unemployment rate is shown below:
Official unemployment rate is
= Unemployed workers ÷ (Unemployed + employed) × 100
= 13,863,000 ÷ (13,863,000 + 139,323,000) × 100
= 9.05%
Now for the U-4 is
= (Unemployed workers + discouraged workers) ÷ (Unemployed + employed + discouraged workers) × 100
= (13,863,000 + $993,000) ÷ (13,863,000 + 139,323,000 + $993,000) × 100
= 9.64%
Therefore for exclduing the discouraged workers it may cause the offical rate to understate the underemployment true extent
Answer:
The flood shifts the supply to the left.
The increase in healthcare costs shifts the supply curve to the left.
Explanation:
An increase in the cost of production inputs (increase in health costs) or a decrease in the availability of resources (the flood reduced the firm's production capability), will shift the supply curve to the left.
A leftward shift of the supply curve will lower the quantity supplied and will increase the price of the good at every level of demand.
