Answer:
The correct answer is B) The value of taking care of her neighbours son for 60 minutes.
Explanation:
Opportunity Cost belongs more in the parlance of microeconomics and is used to describe the idea that one cannot have everything all the time. There are alternative ends competing for limited means. In order words, when we decide to take a course of action, in the hope of achieving a thing or getting a reward, there is always another benefit forgone.
So knowing that there is an opportunity that was foregone helps the microeconomist to think carefully about what they want to achieve using the limited resources at their disposal.
Further simplified, if I have $5 dollars to spend, and that amount can purchase either a cupcake or a cup of ice cream, the one I chose to buy becomes the opportunity taken, whilst the alternative forgone is the opportunity cost.
Therefore, the cost of an item is not just the amount of money for which it was purchased, but all other alternatives with which the same amount could have been purchased.
In the question above, Deidre would have chosen to babysit her neighbor's son. That to her is the next best use of her time, and therefore the opportunity cost. According to the question, she wouldn't have worked in the library even if she had nothing else to do. Hence, that does not pass as opportunity cost.
Opportunity cost must be an alternative choice and is very subjective.
Cheers!
Answer:
$33.80 per hour
Explanation:
The computation of the predetermined overhead rate is shown below:
= Estimated manufacturing overhead ÷ machine hours
= ($71,000 + $12,100 + $54,900 + $14,000 + $17,000) ÷ (5,000 machine hours)
= $169,000 ÷ 5,000 machine hours
= $33.80 per hour
Yo no way congrats bro have a good day
The statement "<em>the project plan presented last week has a couple of issues that need to be addressed" </em>is an example of a passive voice.
<h3>What is a
passive voice?</h3>
This voice are used when we want to emphasize the action and the object of a sentence rather than subject. This means that the subject is either less important than the action itself or that we don’t know who or what the subject is.
Hence, when discussing a project with bob, the statement "<em>the project plan presented last week has a couple of issues that need to be addressed" </em>is an example of a passive voice.
Read more about passive voice
brainly.com/question/95277
#SPJ1
Answer:
18.57%
Explanation:
Given that
Government collection annually in tax revenue = $700 billion
Interest payment each year = $130 billion
By considering the above information, the percentage would be
= (Interest payment each year) ÷ (Government collection annually in tax revenue) × 100
= ($130 billion ÷ $700 billion) × 100
= 18.57%
We simply divide the each year interest payment by the government collection on annually basis so that the percentage could come