Answer:
explanation of opportunity cost:
A. Because of scarcity, people must make choices, and each choice incurs a cost
exampes of opportunity cost:
A. The money spent on a movie ticket cannot buy a Blu-ray player
C. The time spent preparing for a test cannot be spent playing computer games
Explanation:
The opportunity cost refers to the return or ouput of the resource used in the best alternative decision.
That means, the wages we get fro ma certain job most be compared with the wages we could do in another to really check if we are making a gain or not with our job.
Same applies for capital and other factors.
Answer:(B) immediate reinforcement
Explanation:
Immediate reinforcement, on the other hand, leads to reinforcement of desired behavior
Answer:
Explanation:
Had to use microsoft word in other to be able to arrange the solution properly. And i hope it helps you. Thank you
Answer:
The specialty goods are one of the type of consumer products an it basically categorized under the category of shopping and the convenience goods.
The specialty products are basically purchased by the consumers or users because of its unique characteristics and high efficient brands. Exotic perfumes, designer clothe and famous printing cloths are some examples of the specialty products.
The main objective of the specialty goods is that the customers group are wiling for purchasing the specific products due to its unique features or high brand and also make special efforts for purchasing the specific products and the services.
