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
Westkost [7]
3 years ago
5

Jacques has plans to go to a play and already has a $50 nonrefundable, nonexchangeable, and nontransferable ticket. Now Kyoko, w

hom Jacques has wanted to date for a long time, asks him to a party. Jacques would prefer to go to the party with Kyoko and forgo the play, but he doesn't want to waste the $$50 he spent on the play ticket.
From the perspective of an economist, if Jacques decides to go to the party with Kyoko, what has he just done?
Business
1 answer:
Gemiola [76]3 years ago
3 0

Answer:

evaluate under opportunity cost

Explanation:

This is an exmaple of opportunity cost:

The opportunity cost is the cost of the best alternative rejected:

Jacques  opportunity cost of the date is lossing the play and the $50 dollars of the ticket

as the date and party opportunity cost is not datingthe girl

As Jacques picks the date , it will be evaluating dating as more rewarding than the play as it prefer to renounce to the play rather than the date

You might be interested in
Khrist Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. At the beginning
zloy xaker [14]

Answer: A.) $32.64 per machine hour

Explanation:

Given the following :

Estimated machine hours = 41,000 machine hours

Estimated variable manufacturing overhead = $4.16 per machine hour

Estimated total fixed manufacturing overhead = $1,167,680

Total Estimated manufacturing overhead :

(Estimated total variable manufacturing overhead + Estimated total fixed manufacturing overhead)

Estimated total variable manufacturing overhead:

$4.16 × estimated hours

= $4.16 × 41,000

= $170560

Total Estimated manufacturing overhead :

$170560 + $1,167,680 = $1338240

Hence,

Predetermined overhead rate :

Total Estimated manufacturing overhead / estimated hours

= $1338240 / 41000

=$32.64

4 0
3 years ago
studies of bias in the media have reached which of the following? group of answer choices different conclusions: some found a li
denpristay [2]

Studies of bias in the media have reached different conclusions: some found a liberal bias, while others found a conservative bias. The correct answer is option(a).

Bias is an unequal burden friendly or against a plan or thing, normally in a habit that is to say stubborn, undermining, or prejudiced. Biases may be native or learned. People concede the possibility cultivate biases for or against an individual, a group, or an assumption. In learning and metallurgy, a bias is an orderly mistake.

Three types of bias may be distinguished: news bias, option bias, and confusion. These three types of bias and their potential answers are debated utilizing differing instances. In cognitive attitude and conclusion wisdom, orthodoxy or conservative bias is a bias that refers to the bias to correct one's faith barely when bestowed accompanying new evidence.

To know more about bias refer to:

brainly.com/question/4540984

#SPJ4

4 0
1 year ago
Vehicles from which country use the international registration letters WG?
grigory [225]
Japan. maybe it is maybe no
6 0
3 years ago
Read 2 more answers
Lakeside Manufacturing provided the following information for the month ended March​ 31:Sales Revenue​$26,000Beginning Finished
solmaris [256]

Answer:

cost of goods available for sale= $29,100

Explanation:

Giving the following information:

Sales Revenue​$26,000

Beginning Finished Goods Inventory​8,000

Ending Finished Goods Inventory​13,500

Cost of Goods Manufactured​15,600

cost of goods available for sale= beginning finished goods inventory + purchases

We have to find the amount of purchases.

We know that:

cost of goods manufactured= Beginning Finished Goods Inventory​ + purchases - Ending Finished Goods Inventory​

15600= 8000 + purchases - 13500

purchases= 15600 - 8000 + 13500

purcases= 21,100

cost of goods available for sale= 8000 + 21100= $29,100

5 0
3 years ago
Shirley Macuga is the world’s fastest typist and is also a world famous brain surgeon. She earns $5,000/hour operating on brains
mote1985 [20]

Answer:

Yes

Explanation:

30 mins of typing would have an opportunity cost of $2500 of surgery

She's paying $2000 and earning $2500.

So she is smart

8 0
3 years ago
Other questions:
  • Anyone wanna be marked brainliest?
    11·2 answers
  • In its first month of operations, Concord Corporation made three purchases of merchandise in the following sequence: (1) 650 uni
    9·1 answer
  • Soon after becoming the new manager of operations at the Cooper Motors, a local car dealership, Finn discovers that employees ar
    15·1 answer
  • bought 2,000 shares of Print Company stock for $12,780. She sold the stock for $7 per share and paid a sales commission of $26.
    6·1 answer
  • Many business application software vendors are pushing the use of _____ for small and medium-sized enterprise (SME) to help cust
    15·1 answer
  • AudioCables, Inc., is currently manufacturing an adapter that has a variable cost of $0.50 per unit and a selling price of $1.40
    10·1 answer
  • Sandoval needs to determine its year-end inventory. The warehouse contains 26,000 units, of which 3,600 were damaged by flood an
    7·1 answer
  • What are two factors used to determine a credit score? Explain how they indicate good or poor credit. Write in complete
    12·1 answer
  • An unfavorable materials quantity variance indicates that:.
    8·1 answer
  • Suppose that an economy produces 2,400 units of output, employing 60 units of input, and the price of the input is $30 per unit.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!