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Dovator [93]
3 years ago
6

Hal currently works as the burger guy at Burger Haven but is thinking of quitting his job to attend college full time next semes

ter. Which of the following would be considered an opportunity cost of attending college? a. The costs of the textbooks. b. The costs of the cola that Hal will consume during class. c. Hal’s lost wages at Burger Haven. d. The cost of commuting to the Burger Haven job.
Business
1 answer:
dlinn [17]3 years ago
3 0

Answer:

c. Hal’s lost wages at Burger Haven

Explanation:

The opportunity cost is the cost of the best alternaive rejected to perform the current project.

We must calculate the opportunity cost for each factor when needed. The most common example, if someone is using a place for a personnal project, the opportuniy cost will be the sum of:

The rent factor, the proceeds it could receive from the space

The labor factor, the salary it could recieve if it is working on a different project.

In this case, Hal only is resining to labor factor, so the opportunity cost for collegue is the lost wages at burger haven

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Brazilian Juice, a manufacturer of healthy fruit juices in Brazil, sells juice in six different countries including United State
STALIN [3.7K]

Answer:

d. globalization.

Explanation:

In this scenario, Brazilian Juice, a manufacturer of healthy fruit juices in Brazil, sells juice in six different countries including United States. Hence, we can safely conclude that Brazilian juice is engaging in globalization.

Globalization can be defined as a strategic marketing process which involves rapidly, effectively and efficiently providing finished goods and services to meet the needs of potential customers across the world or in various countries across the globe.

<em>Simply stated, it involves the spread of products, technology, and significant investments across many countries in the world. </em>

5 0
3 years ago
uppose that Rowan, Inc. builds a high-speed, magnetically powered transportation system from New York to Los Angeles, which is t
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Answer: b. increasing returns to scale.

Explanation:

With the high capital costs having enabled decreasing average costs for any conceivable level of demand, the company would be making an increasing returns to scale which means that it would be making more return per capital spent.

This will create a natural monopoly because the company will be more efficient in this particular industry and if another company tried to come in, they would have to spend a lot of money to get to a point of increasing returns to scale.

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3 years ago
Dog owners do not bear the full cost of the noise their barking dogs create and often take too few precautions to prevent their
Reil [10]

Answer:

making it illegal to "disturb the peace."

Explanation:

The local government addresses this problem by making it illegal to "disturb the peace." This means that any form of unruly public behavior, such as fighting or causing excessively loud noise is considered a criminal offense misdemeanor. Individuals charged with this crime may face some jail time, fines, or alternative sentences such as community service depending on the laws in that jurisdiction.

6 0
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When direct labor employees contribute to the production process, the cost of their labor is recorded by debiting: O Wages Expen
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Answer:

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Explanation:

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social integration. i hope this helps for you!

Explanation:

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