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spin [16.1K]
2 years ago
11

If a family spends its entire budget in a given time frame, the family can afford either 10 restaurant meals or 30 home meals. A

ssuming the family spends its entire budget on just these two goods, what is the opportunity cost of one extra restaurant meal in the time frame? (Round your answer to two decimal places.)
Business
1 answer:
Andrej [43]2 years ago
7 0

The opportunity cost of one extra restaurant meal in the time frame is 3 home meals.

<h3>What is opportunity cost?</h3>

Opportunity cost of the next best option forgone when one alternative is chosen over other alternatives. When the family chooses to go for the restaurant meal, they forgo the opportunity for a home meal.

Opportunity cost  = 30 / 10 = 3

To learn more about opportunity cost, please check: brainly.com/question/26315727

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Preferred stock ___.
kozerog [31]

Preferred stock dividends in perpetuity pay a constant

Definition: Stock is a general term used to describe a company's proof of ownership. Stocks, on the other hand, refer to the stock certificates of a particular company. When you own shares in a particular company, you become a shareholder. Explanation: There are two types of stocks: common stocks and preferred stocks.

The main reason investors own stocks is to get a return on their investments. That return is generally obtained in two ways. The stock price goes up, that is, the stock price goes up. You can then sell your shares for a profit if you want.

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7 0
2 years ago
Vera is a good listener, helps her customers solve problems, and makes product suggestions that meet their needs. Last year she
DiKsa [7]
Vera is a good listener, helps her customers solve problems, and makes product suggestions that meet their needs. Last year she received the Associate of<span>the Year award as she</span> determined by the desire to succeed. 
6 0
3 years ago
Matt newell, a former air force pilot, decides to operate a helicopter tour company to provide customers with breathtaking views
vampirchik [111]

I guess the correct answer is Labor

Matt Newell, a former Air Force pilot, decides to operate a helicopter tour company to provide customers with breathtaking views of the Rocky Mountains. H obtains a loan and purchases the necessary land, facilities, advertising, and five helicopters for his business, the  important factor of production has he overlooked in creating his business is Labor.

5 0
3 years ago
In its first month of operations, Sunland Company made three purchases of merchandise in the following sequence: (1) 200 units a
egoroff_w [7]

Answer:

$7.91

Explanation:

The weighted-average unit cost uses the weighted concept to determine the costs of goods sold or inventory costs. Its formula is a is below

weighted -average costs =  <u>costs of goods available for  sale</u>

      units available for sale

For Sunland company,

Total costs of goods available =(200 x $7) +(540 x $8) + (125 x$9)

=1400 + 4320+1125= 6845

Total units available for sale= $200 + $540 +$125 =$865

WAC = 8645/865

=$7.91

8 0
3 years ago
​A(n) ______ reveals how a​ firm's operations impact the natural environment. This document discloses to shareholders informatio
pickupchik [31]

Answer:

D. sustainability report

Explanation:

Here is the missing options in the question:

A. form 10K

B. Annual Report

C. environmental report card

D. sustainability report

E. form 8K.

Sustainability report : It is an initiative of the corporates that helps the world to know their impact on the global environment, economy and Socially. These report are backed by factual data and information, which can be positive or negative. This report build trust among stakeholder about the organization and help in maintaining a sustainable economy and world.

8 0
3 years ago
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