Answer:
Opportunity cost is the benefit that is foregone for an individual by choosing one alternative over other alternatives available to him.
If the opportunity cost is lower for an individual then this will benefit him whereas if the opportunity cost is higher then this will not benefit the individuals.
We know that if a person stay at home and eat delicious home-cooked then he must use some ingredients to cook food.
Therefore, the opportunity cost of eating the home-cooked meal is five-dollar Burger Joint gift card and the value of ingredients that are use in the home-cooked food.
Answer:
A second mortgage loan uses real estate for security
Answer:
11.97%
Explanation:
Common size statement value of inventory is where all accounts are expressed as a percentage of total assets.
Total assets = Net fixed assets + Current assets
= $544 + $300
= $844
Common size statement value of inventory = Inventory ÷ Total assets
= $101 ÷ $844
= 0.1197
= 11.97%
Answer:
When Jones issued a series of competing soda flavors featuring candidates in the 2008 presidential election, their main intent was likely to attract the youth.
In every country, the youth is generally the most energetic. It can be highly beneficial for the candidates to involve the youth because of the energy and their forward thinking minds.
If they can indulge the youth through soda flavors, they can make use of their energy to benefit their campaigns.
