yes Flashcards
1
Q
what is opportunity cost
A
the pprofit that couldve been made if a business chose that option/business idea
1
Q
what is it called when a firm stays in its location even when a new location would be better
A
industrial inertia
2
Q
confidence intervals
A
how confident that the market research results represent the whole mark/ all the people in the market
3
Q
float time
A
lft - duration - est
4
Q
monetary policy
A
controls a nations overall money supply and to achieve economic growth, improves price stability
5
Q
most important stakeholder
A
shareholders
6
Q
A
