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Lyrx [107]
3 years ago
11

Ken and traci are two woodworkers who both make tables and chairs. in one month, ken can make 3 tables or 18 chairs, whereas tra

ci can make 8 tables or 24 chairs. given this, we know that the opportunity cost of 1 table is
Business
2 answers:
marysya [2.9K]3 years ago
7 0
<span>The answer is 1/6 table for ken and 1/3 table for traci. Woodworking is the activity or talent of making items from wood, it includes cabinet making, wood carving ,carpentry and woodturning, with the advantage of modern technology and the demands of industry, woodwork nowadays has changed.</span>
Nookie1986 [14]3 years ago
3 0

Answer:

Opportunity Cost (of 1 Table) = <u>6 Chairs</u> for Ken

Opportunity Cost (of 1 Table) = <u>3 Chairs</u> for Traci

Explanation:

Opportunity cost is the "cost" incurred when one foregoes the benefit associated with the best substitute choice

In this case, we have Ken and Traci

Both Ken and Traci can choose either to make Tables or Chairs

Opportunity Cost = Return on Most Profitable Investment Choice - Return on Investment Chosen to Pursue

<u>Ken</u>

Makes 3 Tables or 18 Chairs, this implies that for every Table made, 6 Chairs could have been made

Opportunity Cost (of 1 Table) = <u>6 Chairs</u>

<u>Traci</u>

Makes 8 Tables or 24 Chairs, this implies that for every Table made, 3 Chairs could have been made

Opportunity Cost (of 1 Table) = <u>3 Chairs</u>

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DaniilM [7]

Tesla was able to raise via $410.1 million from common stock offerings, net of fees and expenses to finance the business.

<h3>What was the finance for?</h3>

As part of shareholder's capital, the fund was used by the firm to finance the vehicle innovations.

Hence, the firm called "Tesla" was able to raise via $410.1 million from common stock offerings, net of fees and expenses to finance the business.

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"In the context of grand strategies, the _____ of a company focuses on increasing profits, revenues, market share, or the number
expeople1 [14]

Answer:

The correct answer is growth strategy.

Explanation:

As the emphasis for the focus of the strategy is given on an increase in the profits, revenues, market share or the number of places. All of these parameters are linked with the growth of the company. Thus this leads to a growth strategy. This is also evident from the definition of the growth strategy which is stated as the strategy to increase the market share of a company.

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4 years ago
True or False: In a competitive labor market, increasing the minimum wage always raises the number of employed workers.
Brrunno [24]
I believe it’s true
4 0
3 years ago
How much must be deposited today into the following account in order to have 35000
almond37 [142]

Answer:

$21,691.43

Explanation:

We are to determine the present value of 35,000

the formula for determining present value is :

PV = FV (1 + r)^-nm

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8 0
4 years ago
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KonstantinChe [14]

Answer:

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- Selection of year or semester and the base year period.

- Assign 100% weight to the amounts in the financial statements of the base year.

- In the financial statements of other years, the corresponding amounts are expressed as a percentage of the base year or period then calculate percentages by year / base year and click 100 to get one percent.

6 0
3 years ago
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