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lord [1]
3 years ago
8

For high school graduation, Ryan’s family is giving him a choice between two presents that are both worth $900. He can choose ei

ther a new laptop that’s loaded with graphic design programs he will need for art school, or he can choose to go to a surf camp in Mexico with three of his best friends from high school. What is the opportunity cost of Ryan chooses the laptop?
Business
1 answer:
yulyashka [42]3 years ago
3 0

Answer: The Mexican trip with his best friends

Explanation:

Ryan cannot choose both options and thus has to make a decision of which option to take. Therefore he automatically sacrifices the other option. This type of decision is relevant and is known as a relevant cost. Relevant costs are costs that differ between alternatives, and thus influence the decision that you will make.

Opportunity cost is a type of relevant cost. This is the option that is given up / sacrificed when one option (laptop) is chosen over another (Mexican trip). In this case the opportunity cost is the Mexican trip when the laptop is chosen.

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Marketing-channel management is related to which of the four ps?
Usimov [2.4K]
Marketing channel  management is related to place.
3 0
3 years ago
Colliers, Inc., has 100,000 shares of cumulative preferred stock outstanding. The preferred stock pays dividends in the amount o
rodikova [14]

Answer:

Preference dividend = $2 x 100,000 shares x 2 years

Preference dividend = $400,000

The dividend paid to common stockholders = $600,000 - $400,000

                                                                         = $200,000

Explanation:

Dividends paid on preference shares are cumulative in nature because preference shares are fixed income securities. The dividends not paid last year would be paid this year. This is the rationale behind the multiplication of preference dividend by 2 years.

The dividend paid to common stockholders is the difference between the total dividend and dividend paid to preferred stockholders.

8 0
3 years ago
he sale price of a spring break vacation package was $194.99, and the travelagent said by booking early, you saved $30. Find the
Vinvika [58]

Answer:

The answer is 13.33%

Explanation:

Sales price of a spring break vacation package = $194.99

Amount saved for booking early = $30

The original sale price(price before the saved amount) = 224.99

Percentage decrease in price is:

Saved amount ÷ original sale price 30/224.99

=0.1333

Expressed as a percentage:

13.33%

The percent decrease in price is therefore 13.33%

7 0
3 years ago
Cash and Carry is a store that carries food, clothing, and household goods at lower price margins than other nearby stores. Ther
bagirrra123 [75]

Answer: Discount store

Explanation: As the name suggests, discount store is the store in which the prices of general products are lower than other retail shops.

            These stores makes it possible to provide such discounts by purchasing in bulk from the intermediary, or direct purchase from the producer or by cutting the cost of other services provided.

So, from the above we can conclude that cash and carry is a discount store.

7 0
3 years ago
Is considered to be the shortest path to failure in business.
Degger [83]

Answer:

c

Explanation:

I thinks it's c because when you deal with stress, you can't do a lot of other things

8 0
3 years ago
Read 2 more answers
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