Answer:
The cost of something is what you give up to get it.
Explanation:
To partake in triathlon, Sam is forgoing the amount he would have earned if he went to work instead. This is known as the opportunity cost or implicit cost
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
Sam has to pay $5 to partake in the triathlon. This amount is known as explicit cost. Explicit cost is the cost incurred in carrying out an activity.
Sam's accounting cost is $5
Sam's economic cost is $5 + $10 = $15
I hope my answer helps you
Answer:
True
Explanation:
A person (or company or country) must specialize in the production of the good or service for which they possess a comparative advantage.
Lindsay has an absolute advantage in both cutting lawns and pruning trees, but that doesn't mean that she has a comparative advantage at both.
Answer:
a. $1,320.88
b. $1,182.19
Explanation:
The computation is shown below:
a. For market value of the bond
Given that
Rate = 9%
NPER = 10
PMT = $1,000 * 14% = $140
FV = $1,000
The formula is shown below:
= -PV(RATE;NPER;PMT;FV;TYPE)
After applying the above formula, the present value is $1,320.88 i.e. equivalent to the market value of the bonds
b. Now the net price be
= Market price × (1 - flotation cost)
= $1,320.88 × (1 - 0.105)
= $1,182.19
I'll say 20 percent im not complete sure if i am you should end up with
92000000
