Why do the media sensationalize issues?
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The cost opportunity from B to D is 15 surfboards, while the cost opportunity from D to A is 6 motorcycles.
<h3>What is the opportunity cost?</h3>In economics, opportunity cost refers to what is lost if one alternative is chosen over another. For example, if a country decides to manufacture only cars they are losing the opportunity to manufacture other products such as cellphones.
<h3>Opportunity cost from B to D:</h3>If you choose Combo B instead of D you lose the opportunity to manufacture 15 more surfboards
- (27-12 = 15).
If you choose Combo A instead of D, you lose the opportunity to manufacture 6 motorcycles
- (0 to 6= 6).
Points F and G imply that if you manufacture 3 motorcycles you can only manufacture 21 surfboards (F), and if you manufacture 5 motorcycles the production of surfboards increases by 3 (24 surfboards).
Learn more about opportunity cost in: brainly.com/question/17204577
Answer:
$36,333.11
Explanation:
The current cost of the wedding can be found by finding the present value of the discounted cash flows.
Present value is the sum of discounted cash flows.
Present value can be found using a financial calculator
Cash flow in year 0 = $10,000
Cash flow in year 1 = $17,000
Cash flow in year 2 = 0
Cash flow in year 3 = $12,000
Discount rate = 5.5%
Present value = $36,333.11
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