1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ruslelena [56]
2 years ago
13

Suppose Susie can own 100 turkeys or 5 peacocks. What is the opportunity cost of owning one peacock?

Business
1 answer:
joja [24]2 years ago
6 0

Based on the number of peacocks and turkeys that can be owned, the opportunity cost of one peacock is<u> 20 turkeys. </u>

<h3>What is opportunity cost?</h3>
  • Refers to the benefit that we forego when we choose an alternative over another.

In this scenario, Susie can either have 100 turkeys or 5 peacocks. The opportunity cost of a single peacock would be:

<h3>Opportunity cost of peacock </h3>

= Number of turkey / Number of peacock

= 100 / 5

= 20 turkeys

In conclusion, opportunity cost of a single peacock is 20 turkeys.

Find out more on opportunity cost at brainly.com/question/3597509.

You might be interested in
Suppose you inherited $275,000 and invested it at 8.25% per year. How much could you withdraw at the end of each of the next 20
Diano4ka-milaya [45]

Answer:

$28,533.5

Explanation:

Principal value (PV) = $275,000

Time = 20 years

Rate = 8.25%

Present Value = P ((1-(1+R)^-n) / r)

275,000 = P ((1- (1 + 0.0825)^-20) /.0825)

275,000 x .0825 = P (1-(1/1.0825)^20)

22687.5 = P ((1.0825^20 - 1) / (1.0825 ^20))

22687.50 = P (4.8816 - 1 / 4.8816)

22687.5 = P (3.886 / 4.8816)

22687.5 = p(0.7951)

P = 22687.5 / 0.7951

P = $28533.5

6 0
3 years ago
On January 1, Avers Co. borrowed $10,000 by extending their past-due account payable with a a 60-day, 8% interest-bearing note.
babymother [125]

Answer:

Notes payable; $10,000

Explanation:

Given that,

Borrowing amount = $10,000

Time period = 60 day

Interest rate = 8%

On the due date of the note, avers co. paid the amount.

Therefore, this entry would be recorded by Avers with a debit to Notes payable with an amount of $10,000.

Interest amount = $10,000 × (60 ÷ 360) × 0.08

                           = $10,000 × 0.17 × 0.08

                           = $136

(Note: Assuming 360 days in a year)

Therefore, the Journal entry is as follows:

Notes payable A/c     Dr. $10,000

Interest Expense A/c Dr. $136

To cash                                             $10,136

(To record Avers pays the amount due in full)

4 0
3 years ago
You want to create a portfolio equally as risky as the market, and you have $500,000 to invest. Information about the possible i
azamat

Answer:

Investment in stock C is $122450.3311 rounded off to $122450.33

Explanation:

A portfolio which is equally as risky as market should have a beta equal to the beta of the market as beta is a measure of the riskiness. The beta of market is always equal to 1. The formula for beta of a portfolio is as follows:

Portfolio beta = wA * Beta A + wB * Beta B + ... + wN * Beta N

Where w represents the weight of each stock in the portfolio.

Let investment in stock C be x

1 = 146000/500000 * 0.91 + 134000/500000 * 1.36 + x/500000 * 1.51

1 = 0.26572  +  0.36448 + 1.51x / 500000

1 - 0.6302 = 1.51x / 500000

0.3698 * 500000 = 1.51x

1844900 / 1.51 = x

x = $122450.3311 rounded off to $122450.33

4 0
3 years ago
Google: How to be successful?
scZoUnD [109]
Learn from your mistakes
5 0
3 years ago
Produced goods used as inputs for the production of other goods comprise the resource known as:.
Mashcka [7]

Capital.

Capital goods are those goods that are used for further production of other commodities. They are used in the future for purpose of productivity. These goods have derived demand and helped in raising the productive capacity of the business.

3 0
2 years ago
Read 2 more answers
Other questions:
  • Explain why ethene is a planar molecules while ethyne is a linear molecules​
    13·2 answers
  • What is the difference between a hands-off manager and a hands-on manager?
    11·2 answers
  • Raner, Harris, &amp; Chan is a consulting firm that specializes in information systems for medical and dental clinics. The firm
    10·1 answer
  • Hardin Company received $120,000 in cash and a used computer with a fair value of $360,000 from Page Corporation for Hardin Comp
    9·1 answer
  • How does increase demand for a product help lower its price to consumers?
    8·1 answer
  • 2017 Sold $1,351,700 of merchandise (that had cost $981,800) on credit, terms n/30. Wrote off $21,500 of uncollectible accounts
    10·1 answer
  • Which is the largest item in discretionary spending?
    11·1 answer
  • Granger has a boat worth $4,000 and a car worth about $8,000. He also has roughly $500 worth of tools. What is the value of asse
    5·1 answer
  • Joanna is a Master Sergeant in the U.S. Air Force. In June of 2019, her duty station changed from Offutt Air Force Base in Nebra
    12·1 answer
  • The government's too-big-to-fail policy applies to: Group of answer choices large corporate payroll accounts held by some banks
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!