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ozzi
3 years ago
7

Suppose that a friend asks you to drive him to the airport this weekend so that he can catch a flight. He pays you for the gas u

sed driving to the airport and for the cost of parking the car at the airport while you help him in with his bags. He then declares that you are now even, since he has fully compensated you for any costs you incurred in helping him get to his flight. From your perspective, what aspects of the price of taking your friend to the airport has he omitted?
Business
1 answer:
galina1969 [7]3 years ago
4 0

Answer:

Implicit Imputed opportunity cost of time sacrifised while airport drop .

Explanation:

My friend asking me to drop at airport, & paying costs : gas used while driving, parking cost of car - has excluded certain price giving aspects.

He has included all the Explicitly quantified costs , whose payment is made to third person - like fuel & parking.

However, he has not included the implicit cost in terms of opportunity cost i.e other things sacrifised while going to drop him. Such costs payment is although not directly made to third person, but they still reflect a 'cost' as they reflect a gain sacrifised meanwhile.

In this case, it includes time sacrifised while going to drop friend at airport. That time could be used at work, which could have monetary benefits. So, this cost is eliminated to be evaluated by my friend.

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Assume that a context switch takes T time. Suggest an upper bound (in terms of T) for holding a spinlock. If the spinlock is hel
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Answer:

Assume that a context switch takes T time. Suggest an upper bound (in terms of T) for holding a spinlock. If the spinlock is held for any longer, a mutex lock (where waiting threads are put to sleep) is a better alternative.

Explanation:

The top limit is to be twice the value of (2xT). Holding the spinlock for a longer time, it will be necessary to put the thread to sleep and get a context switch, so one process awakes the sleeping thread  without the need of a second context switch.

In process synchronization, cooperating process can affect or be affected by other processes  executing in the system,  either directly share a  logical address space, both code and data, or be allowed to share data  only through files or messages, although concurrent access to shared data may result in  data inconsistency. But there are several mechanisms  to help the orderly execution of cooperating processes that share a logical  address space, so that data consistency is kept.

5 0
3 years ago
Your broker suggests that the stock of DUH is a good purchase at $25. You do an analysis of the firm, determining that the recen
jarptica [38.1K]

Answer:

The correct answer is "$28.03".

Explanation:

The given values are:

Good purchase,

= $25

Dividend,

= $1.40

Annually earning,

= 5%

Beta coefficient,

= 1.3

Treasury bills,

= 1.4%

Now,

= 1.4+1.34\times 8-1.4

= 1.34\times 8

= 10.244 (%)

hence,

The fair value will be:

= 1.4\times \frac{1.05}{.10244}-.05

= 28.03

Absolutely, the proposal including its brokerage must be adopted because as fair market value was almost $25.

5 0
2 years ago
A bed mart company is in the business of manufacturing beds and
vladimir1956 [14]

The maximum daily profit for the company is $860

<h3>What is an inequality</h3>

Inequality is an expression that shows the non equal comparison of two or more variables and numbers.

Let x represent the number of bed and y represent the number of pillow, hence:

4x + 2y ≤ 40    (1)

Also:

2x + 4y ≤ 32   (2)

From the graph, the solution is at:

(8, 4)

Profit = 80x + 55y = 80(8) + 55(4) = $860

The maximum daily profit for the company is $860

Find out more on inequality at: brainly.com/question/24372553

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2 years ago
According to the New York Times, during the mortgage crisis real estate brokers had an incentive to steer borrowers to higher-co
just olya [345]

Answer:

Rawls' Theory of Justice.

Explanation:

Rawls argues that self-interested rational persons behind the veil of ignorance would choose two general principles of justice to structure society in the real world: 1) Principle of Equal Liberty: Each person has an equal right to the most extensive liberties compatible with similar liberties for all.

7 0
3 years ago
The following errors took place in journalizing and posting transactions:
kirill115 [55]

Answer: See explanation

Explanation:

The journal entry to correct the errors is given below:

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6 0
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