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Wittaler [7]
1 year ago
7

Suppose you have a very efficient study system. then, as you increase the hours that you study for an economics exam, the opport

unity cost of studying for the exam:_________
Business
1 answer:
Olenka [21]1 year ago
8 0

As you increase the hours that you study for an economics exam, the opportunity cost of studying for the exam increases.

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

Opportunity cost of the next best option forgone when one alternative is chosen over other alternatives. Opportunity cost is also known as an implicit cost.

Opportunity cost arises because the resources needed to satisfy human wants are available in limited quantities. So as more resources are used for an economic activity, less resources would be available to produce other activities.

As you spend more time studying for your economics exam, you would have less time for other activities. So, your opportunity cost increases.

Here are the options of this question:

a) increases.

b) decreases.

c) stays the same.

d) may increase or decrease.

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

#SPJ1

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New York City is the most-visited city in the world. <br><br> A. True <br> B. False
qaws [65]

Answer:

A. True

Explanation:

New York is the most popular city in the US and home to the world-famous statue of liberty. New York city has attractive tourist destination sites and offers wonderful shopping experiences. In 2019, the city welcomed over 13.5 million visitors from outside the US.

New York is the most sought tourist destination. It is also the most visited city in the world.

6 0
3 years ago
Use the information in the adjusted trial balance presented below to calculate current assets for Jones Company: Account Title D
liberstina [14]

Answer:

the current asset for Jones company is $80,800

Explanation:

The computation of the current asset is shown below

Current Assets = Cash + Accounts Receivable+ Prepaid Insurance

= $47,000 + $24,000 + $9,800

= $80,800

hence, the current asset for Jones company is $80,800

We simply applied the above formula so that the correct value could come

And, the same is to be considered

5 0
3 years ago
Which of the following statements regarding a balanced scorecard is correct? Multiple Choice A balanced scorecard includes non-f
Fynjy0 [20]

Answer:  All of these are correct answers.

Explanation: In simple words, Balanced scorecard refers to the strategic management system in which the organisational tries to communicate to the stakeholders what is their ultimate goal and what are they trying to establish.

In such a process, the managers of the organisation translate their mission statement relating to various aspects of customer service and declares their course of actions regarding the activities that really matters to the customers.

Hence from the above we can conclude that all the statements are correct in the given case.

4 0
4 years ago
Are liabilities debts or credits?
Olegator [25]
Credits.... is suitable ..hope it helped
4 0
4 years ago
Read 2 more answers
If Kelly deposits $10,000 into an account that pays 8 percent interest, compounded annually, and she makes no further deposits o
avanturin [10]

Answer:

C) $14,693

Explanation:

Compound interest considers the return on investment (or interest) to be reinvested and provides return as well. Future value of principal value considering compound interest can be determined by below formula:

FV = P(1+\frac{r}{n})^{nt}

where

FV = ? is the future value

P = \$10000 is the principal amount invested

r = 8\% is the rate of interest

n= 1 is the number of times interest is compounded within one time period

t = 5 years is the number of time periods

FV = P(1+\frac{r}{n})^{nt}

FV = 10000*(1+\frac{0.08}{1})^{1*5}

FV = \$14693

7 0
4 years ago
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