MNavarro7180 MNavarro7180
  • 29-08-2020
  • Business
contestada

The underlying reason why trade benefits both sides of a trading arrangement is rooted in the concept of __________________.

Respuesta :

Baraq
Baraq Baraq
  • 29-08-2020

Answer:

opportunity cost

Explanation:

The concept of Opportunity cost deals with the idea that individuals, investors, or business owners, due to scarcity of resources, lost possible benefits that could be gained, as he or she chooses alternative choice.

Hence, the underlying reason or factor trade benefits both sides of a trading arrangement is rooted in the concept of OPPORTUNITY COST.

Therefore, the right answer is Opportunity cost.

Answer Link

Otras preguntas

What year did the Vietnam War start and end?
In the Yellowstone the animals seem always to behave as one wishes them to! It is always possible to see the sheep and deer and antelope, and also the great her
what is remarkable about Canada's size
The majority of the Bible's New Testament consist of letters written by A Paul B peter C Jesus D Moses
Is it scalene isosceles or equilateral then write acute obtuse or right thx
hello help me for my duty yo suelo comprar en la tienda oficial .pregunta imite l'exemple : compramos en la tienda oficial . → Solemos comprar en la tienda of
The sum of two consecutive even integers divided by four is 189.5.
Mrs. miller takes her dog to be groomed. the fee to groom the dog is $75 plus 6.75% tax. is $80 enough to pay for this service. a. how much does it cost to hav
what is the third term of the sequence defined by f(n)=2n-1
what is an illusory correlation? Give an example