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2 years ago

A revenue that is foregone (or given-up) as a result of doing a another activity is known as:________

Business

1 answer:

Vitek1552 [10]2 years ago

3 0

Revenue that is foregone (or given up) as a result of doing another activity is known as an opportunity cost

This is further explained below.

<h3>What does the opportunity cost?</h3>

Generally, In the context of microeconomic theory, the opportunity cost of a certain action refers to the value or gain that is lost as a result of participating in that activity as opposed to participating in an alternative activity.

To put it another way, it indicates that if you choose one activity over another, you will not be able to participate in the other choice.

In conclusion, An opportunity cost is the amount of potential income that is lost as a direct consequence of a decision to engage in another activity instead.

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Henry Inc., a manufacturing firm, is able to produce 1,000 pairs of sneakers per hour, at maximum efficiency. There are three ei

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Answer:

515,000

Explanation:

The Master-budget capacity utilization is the expected level of capacity which a current budget needs. The term utilization means the amount of capacity needed to meet customer demand.

In the future, Henry Inc estmates that customer demand is unlikely affected and will be around 515,000 pairs for their current budget. Therefore the master-budget capacity utilization level for this budget period is 515,000 pairs.

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4 years ago

A client who had a transurethral resection of the prostate is to be discharged from the outpatient surgical department. Which cl

meriva

Answer:

"I will notify my health care provider if persistent bleeding occurs."

Explanation:

When a patient no longer needs hospital staff to care for them the hospital will discharge them and send them home. However the patient still needs to to follow all the instructions from their healthcare providers to prevent problems from arising that can lead the patient to end back in the hospital. This is why self-care teaching is so important.

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4 years ago

Joan sells new cars at a local dealership. she receives a 25% commission on the profit each car is sold for. last month she sold

Usimov [2.4K]

Okay. So Joan receives 25% commission on the profits of the cars she sells. She got $8,870 on the profit last month. To find the commission, let’s multiply the amount of profit by the percentage. 8,870 * 0.25 is 2,217.5. There. Joan earned $2,217.50 in commission last month.

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4 years ago

Why do basketball players switch teams?<br> Why do they have to sign a paper when they do that?

Anika [276]

It varies from player to player, some do it for better pay and some do it because they don't like the team their with. They have to sign papers because there transferring their services to another franchise, and are agreeing to new terms of contracts. Things that are disclosed in the contracts are things such as payment and how many years they will be bonded by the contract.

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3 years ago

he supplies account had a balance of $4,400 at the beginning of the year and was debited during the year for $2,400, representin

nexus9112 [7]

Answer:

$6,400

Explanation:

Financial Statements depicts the financial position of a firm at a particular point of time or specified date. The users of financial statements use various types of analysis to understand or compare the current financial statements of the company to prior years or with those of the competitors.

Supplies account is an asset account and has normal balance as debit balance. It increases with the purchase and decreases with the use of supplies.

Given:

Supplies (beginning) = $4,400

Purchased (supplies) = $2,400

Supplies (ending) = $400

Let supplies expense be x.

Now,

Supplies (ending) = Supplies (beginning) + Purchased (supplies) - Supplies expense

$400 = $4,400 + $2,400 - x

$400 = $6,800 - x

x = $6,800 - $400

Supplies expense = x = $6,400

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3 years ago