All categories

2 years ago

What is the opportunity cost of saving money to purchase a car?

Business

2 answers:

gogolik [260]2 years ago

8 0

The answer is the money could be used to go on vacation

bixtya [17]2 years ago

5 0

I thinkbthe answer is a. it seems right

You might be interested in

Secondary data consist of ________. A) data that is unreliable and unsuitable for the purpose of making marketing decisions B) i

aev [14]

Answer: D) information that already exists somewhere, having been collected for another purpose.

Explanation:

Secondary data in a research is data that has already been collected by others and usually for the another purpose but can be used for the purpose at hand.

These other sources could be from the government or private institutions and individuals but when they are used in research they must be referenced so that viewers know where the information is from.

Secondary data is used in our daily lives. For instance, if you had a weather report and used data from the National Weather Service (NWS), that is secondary data being used.

5 0

2 years ago

If the world price for a good exceeds the before-trade domestic price for a good, then that country must have.

lions [1.4K]

If the world price for a good exceeds the before-trade domestic price for a good, then that country must have a comparative advantage in the production of the good.

The domestic price level represents the current price of a particular good or service in an economy. Government agencies or national economists tend to look at different price levels to gauge how prices rise or fall, which is economically known as inflation and deflation, respectively.

If the world price is lower than the domestic price of a good in a country, allowing free trade will reduce that country's total surplus. When the world price of a good is lower than the domestic price of a good, the imposition of a tax on an imported good will increase the total surplus in the market.
Economic pricing theory asserts that in a free market economy, market prices reflect the interaction between supply and demand: prices are set to match the quantity supplied and the quantity demanded.

Learn more about domestic goods here: brainly.com/question/1383956

#SPJ4

3 0

11 months ago

Accrued sales salaries amount to $1,700. Prepaid selling expenses of $3,000 have expired. A physical count of year-end merchandi

Korolek [52]

Answer:

The answers are given below;

Explanation:

a. Adjusting Entries

Salaries Expense Dr.$1,700

Salaries Payable Cr.$1,700

Selling Expenses Dr.$3,000

Prepaid Selling Expenses Cr.$3,000

Inventory Dr.$28,700

Cost of Goods Sold Cr.$28,700

b. Income summary Account (1,700+3,000+28,700) Dr.$33,400

Salaries Expense Cr.$1,700

Selling Expense Cr.$3,000

Cost of Goods Sold Cr.$28,700

Capital Dr.$33,400

Income Summary Account Cr.$33,400

4 0

3 years ago

Read 2 more answers

QUESTION 7 of 10: What aspect of your advertising is it vital to measure?

Dominik [7]

A) Effectiveness.
That is the most important aspect to measure.

3 0

2 years ago

You are working as a manager of a financial planning office where you require your employees to have a presence on social media.

Kitty [74]

Answer:

Yes

Explanation:

In the context, it is given that I am working as a manager in a financial planning office. One of my employees posted in the twitter that he need $ 500 to pay for his house rent for the month.

I would call the employee and would ask him to remove the post from the social media account as it might hamper the business of our company and sends a negative signal to the customers about the efficiency of the employees.

If the employees of the financial planning office cannot plan his spending and savings, then how the customers will have faith that our office will help them plan their money. It will have a negative effect to our reputation of the company and so I will ask him to remove it form the social media account and prevent anybody from doing this in the future.

7 0

3 years ago