Answer:
The correct answer is Opportunity cost.
Explanation:
The opportunity cost is understood as the cost incurred in making a decision and not another. It is that value or utility that is sacrificed for choosing an alternative A and neglecting an alternative B. Taking a path means that the benefit offered by the discarded path is waived.
In any decision taken there is an implicit waiver of the utility or benefits that could have been obtained if any other decision had been made.
For each situation there is always more than one way to address it, and each form offers a greater or lesser utility than the others, therefore, whenever one or the other decision is made, the opportunities and possibilities offered by the others will have been renounced, that may be better or worse (opportunity cost greater or lesser).
Answer:
$1,169,685
Explanation:
The total variable cost is dependent on the level of activities. Usually, it increases as the level of activities increases.
Given that at an activity level of 8,400 units in a month, Braughton Corporation’s total variable maintenance and repair cost is $697,284, at an activity level of 8,500,
the total variable maintenance and repair cost would be
= (8500/8400) × $697,284
= $705,585
Then, the total maintenance and repair cost, both fixed and variable, at an activity level of 8,500 units in a month
= $464,100 + $705,585 (Assuming
= $1,169,685
Answer:
enter into a joint venture.
Explanation:
Based on the information provided within the question it can be said that the company's best option in this scenario would be to enter into a joint venture. This term refers to a business arrangement where various parties agree to combine all of their resources (including personnel) in order to achieve the same goal. Which would benefit the metal fabrication company since the partner company would provide the knowledge and experience of the host country market and they would in term provide more resources to the partnership.
Answer:
87.72%
Explanation:
Calculation to determine the ratio of the utilization of the system to its efficiency
Using this formula
Ratio=Orientation session/Effective capacity of the Academic*100
Let plug in the formula
Ratio = (1,500 / 1,710) * 100
Ratio= 0.8772 * 100
Ratio= 87.72%
Therefore the ratio of the utilization of the system to its efficiency will be 87.72%
Answer:
B
Explanation:
You have to pay for a vaccination, and people want and sometimes need the vaccine. The taxes the hospital pays are from the public indirectly. Therefore, vaccinations are sources of the public good.