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1 year ago

Which of the following most correctly demonstrates the opportunity cost of

1 answer:

3 0

The opportunity cost of choosing to live in a rural area instead of an urban area is the accessibility to greater choices which is in terms of entertainment, food, and shopping. Thus, statement B is correct.

<h3>What do you mean by opportunity cost?</h3>

In microeconomic theory, the opportunity cost of a particular activity alternative is the loss of price or advantage that could be incurred through engaging in that activity, relative to engaging in an alternative activity providing a better return in value or advantage.

The opportunity cost of choosing to live in a rural area instead of an urban area is the accessibility to greater choices in terms of entertainment, food, and shopping. Thus, statement B is correct.

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A broker is an agent who: A. Trades on the floor of an exchange for himself or herself. B. Offers new securities for sale to dea

Annette [7]

Answer:

Specializes in bringing buyers and sellers together.

Explanation:

A broker can be defined as an individual or a firm that acts as a middleman between the buyers and the sellers. A broker is a licensed agent that is permitted to purchase or sell stocks and other investments.

A broker carries out the role of a trusted intermediary in various financial transactions. Brokers receive their commissions through a percentage gotten from the purchase or sale of an asset or stock.

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2 years ago

Castle State Bank has the following financial information.

Setler79 [48]

Answer:

Castle State Bank's equity multiplier is 2.2

Explanation:

Total Assets = $2,200

Total Liabilities and Equity = $2200

Net Loans = $1,200

Total Equity = $2,200 - $1,200 = $1,000

Equity multiplier = Total Assets / Total Shareholders Equity

Equity multiplier = 2,200 / $1,000

Equity multiplier = 2.2

Total Assets is equal to Total equity and Liabilities. Total equity and Liabilities includes the balance of Both equity and liabilities. Total equity is calculated by subtracting Total Loans from Total equity and Liabilities.

4 0

2 years ago

A major conflict of interest between top executives and owners, is that top executives wish to diversify the firm in order to ,

lutik1710 [3]

For the answer to the question above, I think the answer is because they want " to reduce their employment risk; increase the company's value" that's why they want to diversify
I hope my answer helped you. Have a nice day!

6 0

3 years ago

This tax pays for benefits that workers and families receive for either Social Security or Medicare: A) Excise tax B) State inco

madam [21]

I thinks it's B, it's whichever comes out of your pay check

4 0

2 years ago

W. L. Gore & Associates is organized in such a way that it has no formal job titles, job descriptions, or chains of command.

Harrizon [31]

Answer:

B) a decentralized structure.

Explanation:

In a decentralized organizational structure, many decision making responsibilities are delegated from upper management to middle and lower management. Most normal day-to-day decisions are made by entry level employees and lower management. The company's organizational structure is not rigid and most decisions can be made rather quickly.

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2 years ago