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Amanda [17]
1 year ago
6

Suppose you find $20. if you choose to use the $20 to go to the football game, your opportunity cost of going to the game is:___

____
Business
1 answer:
alukav5142 [94]1 year ago
6 0

Suppose you find $20. if you choose to use the $20 to go to the football game, your opportunity cost of going to the game is <u>$20</u>.

The opportunity cost is time spent analyzing and that money to spend on something else. A farmer chooses to plant wheat; the opportunity fee is planting a specific crop or alternate use of the assets (land and farm machine).

Opportunity value is a financial term that refers back to the cost of what you need to give up so that it will choose something else. In a nutshell, it is a price of the road not taken.

Whilst economists talk to the “opportunity cost” of a useful resource, they imply the fee of the following-maximum-valued opportunity use of that aid. If, for an instance, you spend time and money going to a film, you cannot spend that point at domestic analyzing an ebook, and also you cannot spend the cash on something else.

Learn more about opportunity costs here: brainly.com/question/481029

#SPJ4

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Employees at the university have negotiated a 5 percent increase in wages for the next year, based on their inflation expectatio
Trava [24]

Answer:

B. Real wages for university employees will rise.

Explanation:

Increase in income is @ 5%, and that the actual inflation is only 4% that is less than the increase in income. Accordingly, the company is paying more to the employees, and accordingly their wages have increased.

The amount of money available in real terms is more than the actual money, held by the employees earlier.

This is all because the actual increase in inflation rate is less than the increase in salary of employees.

8 0
3 years ago
Shirley Riddle earns ​$2 comma 327 biweekly. She is single and claims no withholding allowances. She saves​ 2% of her salary for
Paha777 [63]

Answer:

Shirley receive 2,126.16 dollars for each pay period.

Explanation:

the saving are considered part of his net earnings. The employeer gives a certain amount and from there, Shirley makes a save.

gross pay:                   2,327

insurance premium         22.82

Socal Security (6.2%)     144.274

medicare         (1.45%)      33.7415

Total deductions           200.8355‬

Net pay:                    2,126.1645‬    ≈ <em>2,126.16</em>

8 0
3 years ago
When the president issues a rule or regulation that reorganizes or otherwise directs the affairs of the executive branch?
oksano4ka [1.4K]
What you described is called an executive order. The president can do this whenever he wants and if it's unconstitutional then the congress and the judiciary system, more specific the Supreme Court, can overthrow this and ban the executive order because it's considered to be unconstitutional or harmful. The president can use this for almost anything.
4 0
3 years ago
Read 2 more answers
Longview Manufacturing Company manufactures two products (I and II). The overhead costs ($60,500) have been divided into three c
Mila [183]

Answer:

a. $8,000.

Explanation:

The computation of the amount of overhead cost assigned to the product I is shown below:

= $40,000 ÷ 2,500 × $500

= $8,000

Hence, the amount of overhead cost assigned to the product I is $8,000

Therefore the correct option is a.

7 0
3 years ago
Enron Corporation ultimately failed, in part, because top management at the company maintained the belief that it didn't matter
Sonbull [250]

Answer: Organizational culture.

Explanation:

The management at Enron Corporation are building an organizational culture of making profit by all means regardless of how it is made. An Organizational culture is what is expected from workers of an organization, this culture is normally developed overtime.

6 0
3 years ago
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