Albert's bookstore ta
g
allocation
e total (20 voting memb
tax cut allocation
10% raise to all salary employees
renovation and expansion of mall of georgia
construction of new macon, ga location
increase inventory warehouse in braselton, ga.
the government passed a major corporate tax cut, which allowed albert's bookstore to invest the savings in taxes back into
its business. the board voted to give all salary employees a 10% raise use the chart to explain the opportunity cost of the
board's decision
a)
10% raise to all salary employees
construction of new macon, ga location
increase inventory warehouse in braselton, ga
renovation and expansion of mall of georgia store

B

Explanation:

The best choice was “construction of new Macon, Ga. location.” Because the votes for this choice were the next highest, this would be the opportunity cost. Opportunity Cost is the next best choice in a group of trade offs.

for many centuries there were important factors which the economies of the muslim empires developed increasingly. they applied economic procedures in production, investment, finance, taxation and property. they used to tax certain goods (for example: harvest), they charged interest on money lent, they signed contracts with merchants; they relied on a common currency, and they used checks as well as promissory notes. with the money collected by means of taxation, the government provided the needy with an income. in addition, trading networks covered huge distances, so far regions started to have contact and exchange goods. this trade network covered areas of asia, africa and europe.