Answer:
The costs of opportunity are described as that of the cost of the overlooked nearest best option. A further explanation is given below.
Explanation:
In basic terms, we could conclude that the quantity of several other goods as well as services to be lost to receive more than one good becomes considered the opportunity cost of such a commodity.
- Brenda has two alternatives throughout the specified case, one to go out to the Sharks game as well as the other is to go to the Warriors game.
- The happiness of going to something like the Sharks game seems to be worth $60 to Brenda whereas going to either the Warriors game is $80 more, which also indicates that Brenda needs to even go to the Warriors game around $140.
- The cost of both the opportunity to even go to the Sharks game seems to be the loss of utility resulting from either the forgotten Warriors game, in other words, 140.
- The price including its forget Sharks game seems to be the opportunity point of paying to either the Warriors game, for example, 60. Ticket purchases offer $30 worth of gratification, but this is not the only choice.
Answer: C) Frank is an outside director on Lofloy's board of directors.
Explanation:
As Frank has a full time employment position as a senior manager at Spinson Locomotives, he is most likely an outside director on Lofloy's board of directors.
Outside directors are those members of the board in a company that are not employed by the company which Frank isn't.
Outside directors like Frank are thought to be more impartial in decision making and for this reason companies are usually required to have a certain number of them sitting on the board.
Answer:
The cost of equity for Neal Enterprises is 5%
Explanation:
In order to calculate the cost of equity for Neal Enterprises we would have to make the following calculation:
cost of equity=((Do(1+g)/Po)+g
According to givn data we have the following:
Do=$1.20
Po=$36.80
g=2%
cost of equity=((1.20(1+0.02)/36.80-1.20)+0.02
cost of equity=((1.20(1+0.02)/35.60)+0.02
cost of equity=0.05
The cost of equity for Neal Enterprises is 5%
Answer:
The answer is: Josh's utility maximizing point is when he buys 2 pizzas and 4 burgers.
Explanation:
If Josh gets equal marginal utility per dollar spent when buying one pizza and 2 burgers, that means that every pizza and every burger give Josh 10.67 utility unit per dollar spent. So Josh can obtain maximum 16 units of utility with his budget and his purchasing options (= $24 x 0.67 units of utility per dollar). The way he can maximize his utility is by buying two packs of one pizza and two burgers per pack, since every pack will give him 8 units of utility.
