Which scenario is the best example of an opportunity cost? O A computer company issues a recall on its tablets.
O A computer company produces fewer laptops to meet tablet damand.
O A computer company reduces the price on last year's models.
O A computer company stops making computers with CD/DVD drives.

Which basic economic questions deals with the issue of how the incomeof people in various occupations is determined

Nominal gross domestic producta. is a measure of the overall level of pricesb. measures the value of final goods and services produced within the borders of a given country during a given time period using current pricesc. measures the value of final goods and services produced within the borders of a given country during a given time period corrected for changing pricesd. only changes when the level of output changes

Carey company is borrowing $225,000 for one year at 9.5 percent from second intrastate bank. the bank requires a 15 percent compensating balance. the principal refers to funds the firm can effectively utilize (amount borrowed − compensating balance). a. what is the effective rate of interest? (use a 360-day year. input your answer as a percent rounded to 2 decimal places.) b. what would the effective rate be if carey were required to make 12 equal monthly payments to retire the loan?