Which situation best describes an opportunity cost? A. A marketing company goes out of business because it could not
find engugh clients.
B. A person decides to go back to college in order to transition to a
new career.
C. A corporation that begins selling a new product sees its overall
profits increase.
D. An employer who hires a new employee can't hire the other people
she interviewed.
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Owning a word is a characteristic of a powerful a. productb. servicec. organization d. brand

Frolic corporation has budgeted sales and production over the next quarter as follows. the company has 4100 units of product on hand at july 1. 10% of the next months sales in units should be on hand at the end of each month. october sales are expected to be 72000 units. budgeted sales for september would be: july august september sales in units 41,500 53,500 ? production in units 45,700 53,800 58,150

The basic difference between macroeconomics and microeconomics is that: a. microeconomics looks at the forest (aggregate markets) while macroeconomics looks at the trees (individual markets). b. macroeconomics is concerned with groups of individuals while microeconomics is concerned with single countries. c. microeconomics is concerned with the trees (individual markets) while macroeconomics is concerned with the forest (aggregate markets). d. macroeconomics is concerned with generalization while microeconomics is concerned with specialization.