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White raven [17]
3 years ago
7

Which of these would be an opportunity cost of going to college?

Business
2 answers:
nikitadnepr [17]3 years ago
8 0

Answer:

d.the money you could have earned at a job

Explanation:

An opportunity cost refers to the cost you have by not receiving the benefit of the most valuable choice that was not taken. According to this definition,  the opportunity cost of going to college from the options given would be the money you could have earned at a job because working will be the alternative of going to college and the cost wil be the money you won't receive as this alternative was not taken.

Lemur [1.5K]3 years ago
3 0

The correct answer to this "Which of these would be an opportunity cost of going to college?"

Is answer D.) the money you could have earned at a job.

The degree and money is the outcome of going to college. The cost of books and other items are directly related to going to college, you do not give them up.

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Suppose the current market price of corn is $3.75 per bushel. Your firm has a technology that can convert 1 bushel of corn to 3
Aleks04 [339]

Answer:

At 1.783 or more, the conversion yield better gain than sales the corn

Explanation:

The ethanol conversion become attractive if the cost for doing the conversion are lower than the sale revenue for the product.

<u>total cost: raw materials + conversion cost</u>

corn price:           $  3.75

conversion cost:  $  1.60

Total cost:            $  5.35

<u>output: gallon of ethanol per bushel</u>

3 gallons of ethanol per bushel

total cost / output = 5.35/3 = 1.783 cost per gallon

5 0
4 years ago
Mikalya put 500$ in the bank. The annual interest rate is 2 percent. How much money will mikalya earn in one year?
Tema [17]

Answer:

&10

Explanation:

This is a case of simple interest.

It gotten as Interest= Prt

Where:

P=principal

r=rate

t=time

Therefore

$500×2%×1= 10

5 0
4 years ago
Downsizing describes the practice of companies shifting their production overseas.
quester [9]
Downsizing is the reduction of employees in a company's payroll. It involves the elimination of some positions and thus reducing the operational cost of the company. The given statement "Downsizing describes the practice of companies shifting their production overseas" is false. Downsizing does not<span> describe the practice of companies shifting their production overseas</span>
3 0
3 years ago
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Romashka [77]

Answer:

Direct material= $5,600

Explanation:

<u>First, we need to calculate the direct labor added to Work in Process:</u>

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Direct labor= $8,000

<u>Now, by difference, the direct materials:</u>

Direct material= Ending balance - allocated overhead - direct labor

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3 years ago
Which phrase best completes the diagram?
igomit [66]
Low gross domestic product
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