1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
andrew11 [14]
2 years ago
11

A company bought a piece of land. It can use this resource to build a factory or to plant crops. The company can also hold onto

the land and try to resell it later for more money. The company decides to build a factory on the land. Any value given up from not choosing the other options is the _____. trade-off opportunity cost consequence
Business
1 answer:
Anvisha [2.4K]2 years ago
8 0

Answer:

Any value given up from not choosing the other options is the <u>opportunity cost</u>

Explanation:

The cost of opportunity is the alternative that you sacrifice when you choose an option.  

It represent the benefits that you misses out on when choosing one alternative over another.  

In this case, the cost of opportunity is to plant crops.  

You might be interested in
The two fundamental sources of marketing research problems are a. ineffective advertising and change. b. poor sales and ineffect
Alex787 [66]

Answer:

Option c (planned change and unplanned change) is the correct choice.

Explanation:

  • Marketing research seems to be the sequential as well as analytical assessment, compilation, review, and distribution of knowledge about marketing performance and customer concerns with the specific goal of helping executives in decision-making related to recognizing and solving advertising major challenges.
  • The challenge regarding marketing research seems to be the assessment of Retailers' advantages and disadvantages. Vis-a-vis certain main competitors as regards factors affecting the profitability including its shop.

3 other alternatives aren't relevant to the subject. So that the option here is just the appropriate one.

8 0
3 years ago
The information needed to identify lines and other symbols on a construction drawings can be found in the
serious [3.7K]
Where is the picture?
8 0
2 years ago
In a decision to either sell as is or process a product further, __________costs are considered irrelevant and _____________cost
MrRa [10]

In a decision to either sell as is or process a product further, joint costs are considered irrelevant and process further costs are considered relevant.

The decision of whether to sell the product right away or wait to sell it in order to earn more money. Although we think that growing the business's income is great, we also need to make sure that the costs associated with the growth will be met. We must contrast the profit margin between selling now and selling later because additional processes will demand more resources and expenses.

Additionally, we need to make an effort to maximise the return on our investment. Additional processes might need more money spent on equipment. These factors require us to apply the sell or process further technique in order to choose the best course of action.

Typically, this scenario occurs in a joint product where one or more outputs can be generated and produce additional revenue. The joint products are produced at the same cost up until the point where they are divided and further sold or processed. Although the products can be sold at the split point, there are instances when continuing developing them is more profitable.

Learn more about joint cost here brainly.com/question/14988439

#SPJ4

6 0
1 year ago
As you will see from this agreement, there are different
Gnom [1K]

Answer:

a

Explanation:

because

6 0
3 years ago
Read 2 more answers
Provided other eligibility requirements are met, who is eligible for Medicare?
alexandr1967 [171]

Answer:

Generally, Medicare is available for people age 65 or older, younger people with disabilities and people with End Stage Renal Disease (permanent kidney failure requiring dialysis or transplant). You or your spouse had Medicare-covered government employment.

5 0
2 years ago
Other questions:
  • Step Up Ladders Company provides the following financial​ information: Income from operations ​$400,000 Interest expense ​47,000
    12·1 answer
  • The chi-square goodness-of-fit test for multinomial probabilities with 5 categories has _____ degrees of freedom.
    7·1 answer
  • Which one of the following is an example of the circular flow model and shows the interdependence of households and firms? a. Th
    10·1 answer
  • Assume a central bank exchanges its currency for other foreign currencies in the foreign exchange market, but does not adjust fo
    14·1 answer
  • What are the three legal forms of business organization? What are the advantages and disadvantages of each one
    6·1 answer
  • Fitbit makes health and fitness tracking devices. some buyers want very basic fitness tracking such as steps taken and calories
    5·1 answer
  • Which of the following is an example of comparative advantage​? A. Michael Jordan is an American basketball player. B. The Unite
    12·1 answer
  • Most people reject what they don’t understand because ______. a. It is too expensive to change b. It challenges their own ideas
    12·2 answers
  • A(n) ___________________ is performed to identify the most serious risks, help you manage risks, and identify the best methods t
    13·1 answer
  • Which of the following qualitative considerations may impact capital investment analysis? a.Manufacturing productivity b.Manufac
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!