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gogolik [260]
3 years ago
10

What is an opportunty cost?

Business
2 answers:
ivanzaharov [21]3 years ago
7 0
The loss of potential gain from other alternatives when one alternative is chosen: "idle cash balances represent an opportunity cost in terms of lost interest"
Virty [35]3 years ago
4 0
The definition of Opportunity cost is - The loss of potential gain from other alternatives when one is chosen.  
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___competition is a competitive advantage based on factors other than price.
Degger [83]
The blank should have “nonprice competition” the answer is C.
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3 years ago
You think that in 15 years it will cost $214,000 to provide your child with a 4-year collge education. Will you have enough if y
prisoha [69]

Answer:

You will not have enough.

Explanation:

The rate of the investment is compounded, so the value at year 1, will be the value at year 0, increased in a 4%. Then, the value at year 2 will be the value at year 1, increased in other 4%, that's equal to the value at year 0 increased twice at 4%.

So, the formula to calculating the value at year 15 is 75,000*(1.04)^15 = 135,070.63. THen, it will not be enough. You have to invest at least 214,000/1.04^15 = 118,826.20 at year 0, at a rate of 4%.

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3 years ago
Stephanie Johns is a member in a store that is a nonprofit organization that buys grocery items in bulk. The savings on these bu
Luden [163]

Answer:

E.cooperative

Explanation:

Based on the information provided within the question it seems that Stephanie Johns is most likely shopping in a cooperative store. This is a type of store that is owned and managed by the customers themselves, using their own capital for the business and at the same time share in the dividends provided. Which in this case are savings from lower food prices.

8 0
3 years ago
The difference between the actual amount paid and the standard price paid to purchase an item is called a
Ksivusya [100]

Answer:

Purchase Price Variance (PPV)

Explanation:

6 0
3 years ago
Of the last 100 customers entering a computer shop, 25 have purchased a computer. If the classical method for computing probabil
nlexa [21]

Answer:

correct option is b.0.50

Explanation:

given data

computer shop = 100 customers

purchased computer = 25

solution

we know that past data does not affect the probability of next outcome

so when they buying computer or net

so here

probability of customer buy computer is = \frac{1}{2}  = 0.5

and

probability of customer not buy computer is = \frac{1}{2}  = 0.5

so here chance of buying as they buying or not buying is 50 %

so correct option is b.0.50

3 0
3 years ago
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