1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lord [1]
2 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]2 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.

You might be interested in
Which examples demonstrate common Therapeutic Services workplaces and employers? Check all that apply. Reiko owns and operates h
AleksAgata [21]

Any career in the therapeutic services pathway is someone that is working hands on with a patient and is working to improve the overall health status of the patient.

<h3>Therapeutic Services workplaces </h3>

Correct options are A, C and F

"Reiko owns and operates her own private chiropractic practice, Harmony assists with surgeries in a nonprofit community hospital and Ian helps patients with basic tasks in their own homes" are the examples of demonstrate common Therapeutic Services workplaces and employers.

Careers in Therapeutic Services are focused on improving the health of patients over time through direct care, treatment, counseling or health education. Many of these careers require certification or additional education.

Learn more about workplaces, refer to the link:

brainly.com/question/24780768

6 0
2 years ago
Job enrichment differs from job rotation in that job enrichment Select one: a. empowers workers by adding more decision-making a
pychu [463]

Answer:

a. empowers workers by adding more decision-making authority to their jobs.

Explanation:

Job enrichment differs from job rotation in that job enrichment empowers workers by adding more decision-making authority to their jobs.

Job enrichment can be defined as a strategic approach or technique adopted by organizations, which typically involves the process of adding more authority, dimensions and responsibility to the job of an employee in order to get them motivated and induce greater satisfaction. For example, an employee whose job description is to stock shelves, could be enriched to take customer orders, incoming inventory and closing sales.

On the other hand, job rotation can be defined as the process in which employees are shifted or moved from one job function to another at regular intervals in order to boost their knowledge, skills and experience.

4 0
3 years ago
A mortgage-loan officer persuades unsuspecting consumers to sign up for exotic mortgages, such as "option ARMs." These mortgages
Alex

Answer: A. legal but not ethical

Explanation: Introducing mortgage plans to consumers in other to cater for their needs by a mortgage-loan officer is not a legal crime which will be penalized by the law. However, it is an ethical obligation on the path of the mortgage-loan officer to explain the modalities attached to a certain mortgage plan to consumers, both the advantages and the demerits. In the options ARM mortgage plan, it affords consumers to pay below the interest rate on the mortgage, this short paid interest are later added to the principal and the rates increases. This may cause a lot more harm than good to consumers who do not have detailed knowledge of this particular loan process.

5 0
3 years ago
Any cost that remains unchanged as output changes represents a​ firm's A. opportunity cost. B. fixed cost. C. marginal cost. D.
patriot [66]

Answer:1. Fixed Cost

...2. Variable cost

3. Farmland.

Explanation:

Fixed cost remains fixed no matter the change in output eg cost of building, whereas a variable cost change as the level of output increase e.g raw material cost.

The land is example of fixed cost to a famer which does not vary with the level of output.

6 0
2 years ago
Prepare a statement of cash flows for MED Corporation. (Enter your answers in thousands. Amounts to be deducted should be indica
Allushta [10]

Answer:

Explanation:

Question

Prepare a statement of cash flows for MED Corporation. (Enter your answers in thousands. Amounts to be deducted should be indicated with a minus sign.) Cash flow from Operating Activities $ Cash flow from Investing Activities $ Cash flow from Financing Activities $ Net Change in Cash and marketable securities $

4 0
2 years ago
Other questions:
  • Employers who receive a citation and want to protest it should contact osha within
    10·1 answer
  • Rick took his family to a major league baseball game. he gave his son $100 to buy food and drinks for the group. hot dogs cost $
    11·1 answer
  • According to the Taylor rule, what is the federal funds target rate under the following conditions?
    8·1 answer
  • Anette used 136.12 inches of lace equally on 12 dresses. How much lace did she use on each dress?
    11·1 answer
  • If some activity creates external benefits as well as private benefits, then economic theory suggests that the activity ought to
    9·1 answer
  • 2. "Because corporations do not actually raise any funds in secondary markets, secondary markets are less important to the econo
    12·1 answer
  • Expected monetary value (EMV) is:________.a. the average or expected value of the decision if you knew what would happen ahead o
    5·1 answer
  • Three examples of when interest rates are bad for you​
    13·1 answer
  • Gull Corp. is considering selling its old popcorn machine and replacing it with a newer one. The old machine has a book value of
    15·1 answer
  • Isamu owns I Pity the Foot, a retail shoe store. Isamu carefully controls costs by ordering in bulk, limiting labor costs, and r
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!