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Svetlanka [38]
3 years ago
7

A firm purchased copper pipes a few years ago at ​$2 per pipe and stored​ them, using them only as the need arises. The firm cou

ld sell its remaining pipes in the market at the current price of ​$8. What is the opportunity cost of each pipe and what is the sunk​ cost?
Business
1 answer:
const2013 [10]3 years ago
5 0

Answer:

The opportunity cost of each pipe and sunk cost of each pipe is $ 8 and $6 respectively.

Explanation:

Opportunity cost: The opportunity cost is that cost which gives the best alternatives options.

Sunk cost: The sunk cost is that cost which is incurred in the past and hence, not recovered in the future.

So, in the given question, the opportunity cost is $8 per pipe as it reflects new current price whereas, the sunk cost is $6 per pipe ($8 per pipe - $2 per pipe) that cannot be recovered in the future

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g Bob makes his first $ 800 deposit into an IRA earning 7.4 % compounded annually on his 24th birthday and his last $ 800 deposi
Gala2k [10]

Answer:

FV= $137,440.62

Explanation:

Giving the following information:

Bob makes his first $ 800 deposit into an IRA earning 7.4 % compounded annually on his 24th birthday and his last $ 800 deposit on his 39th birthday ​(16 equal deposits in​ all). With no additional​ deposits, the money in the IRA continues to earn 7.4 % interest compounded annually until Iob retirees on his 65th birthday.

First, 16 years:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {800*[(1.074^16)-1]}/0,074= $23,067.90

Next 25 years.

FV= PV*(1+i)^n

FV= 23,067.90*(1.074)^25= $137,440.62

6 0
3 years ago
Why do you think people have taken the risk and invested in overseas companies? What are the pros and cons of doing this?
dem82 [27]

Why do you think people have taken the risk and invested in overseas companies? What are the pros and cons of doing this? Investing in overseas companies is good because it gives better openings because of the vast amount of countries in the world. It also gives one influence socially in other countries.

4 0
2 years ago
Kim placed an order with her broker for 800 shares of each of three IPOs being offered this week. Each of the IPOs has an offer
Ainat [17]

Answer:

B. $3,251

Explanation:

Stock shares × Allocated price = Shares closing price

A 700 ×$ 29.15 =$20,405

B 430 ×33.86=$14,560

C 340× 36.43 =$12,386

Total $47,351

Stock shares × IPO price= Shares IPO price

A 700 ×$30=$21,000

B 430×$30= $12,900

C 340×$30=$10,200

Total $44,100

Total Profits $47,351-$44,100

=$3,251

Therefore Kim's total profit on these three stocks at the end of the first day of trading will be $3,251

8 0
3 years ago
Why does a price floor lead to surpluses?  Why does a price ceiling lead to shortages?  ​
Degger [83]

Answer:

Shortage: there is more demand than there is at the equilibrium price. There is also less supply than there is at the equilibrium price, thus there is more quantity demanded than quantity supplied.

Your pretty much short in supply and cant fulfill the demand

While surplus

When a price floor is set above the equilibrium price, quantity supplied will exceed quantity demanded, and excess supply or surpluses will result.

Theirs a a large amount of supply due to the pricing most likely beign high

Explanation:

7 0
3 years ago
In an interview, a tough question _____. A. May show the interviewer how you think under pressure b. May be designed to rattle y
m_a_m_a [10]

Answer:

D) All of the above

Explanation:

In a job interview, the interviewer must try to determine if a candidate fits the job profile or not, and he/she really has a very limited amount of time. A very effective way of knowing someone is how that person reacts under pressure when faced with really tough and problematic situations. Being interviewed is already tough, and a really difficult question that doesn't necessarily have a right or wrong answer doesn't make it easier.

Many times the applicant's reaction is more important than the answer itself.

3 0
2 years ago
Read 2 more answers
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