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attashe74 [19]
4 years ago
15

You work as an assistant coach on the university basketball team and earn $15 per hour. One day, you decide to skip the hour-lon

g practice and, instead, go to the county fair, which has an admission fee of $9.
Business
2 answers:
PIT_PIT [208]4 years ago
6 0
Admission to the fair for one day - $9

Hour-long practice pay (opportunity cost) - $15

15 + 9 = 24

You lost $24 on not working at the university for that day. 
Tamiku [17]4 years ago
3 0
The total cost of skipping practice to go to the fair is $9 the opportunity cost is $15 therefore you are loosing $24 because you miss your chance of earning the $15 and you lost $9 from the mony you already had so when you add the together you get $24 hope this helps
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The business cycle is thea.predictable changes in economic activity due to changes in government spending and taxes.b.irregular
Nitella [24]

Option B

The business cycle is irregular fluctuations in economic activity.

<u>Explanation:</u>

The business cycle is the constant rise and decline of financial growth that transpires overhead time. A cycle is a valuable mechanism for probing the market. It can further assist you to perform more reliable monetary choices. The state administration handles the business cycle.

The business cycle depicts the germination and bankruptcy in the making yield of assets and services in a marketplace. Business cycles are usually estimated relating to the boom and recession in the actual entire domestic goods or modified for inflation.

4 0
3 years ago
Manufacturing costs from a scraped poor-quality product are $6000 per year. AN investment in an employee training program can re
romanna [79]

Answer:

We see that Prog A will give an annual CF of 75%*$6000 = $4500

Prog B will give annual CF of 95%*$6000 = $5700

Disc Rate Kd = 20%

So PV of Annuity of $1 for 5 yrs with Kd = 20% is 2.9906

So NPV of Prog A = CF0+CF1+ ....+Cf5 = -12000+2.9906*4500 = $1,458

So NPV of Prog B= CF0+CF1+ ....+Cf5 = -20000+2.9906*5700 = $(2,954)

So Prog A is more effective as it gives a Positive NPV

8 0
4 years ago
Mervon Company has two operating departments: mixing and bottling. Mixing occupies 23,045 square feet. Bottling occupies 18,855
fiasKO [112]

Answer:

Mixing= $112,000

Bottling= $91,800

Explanation:

Giving the following information:

Mixing occupies 23,045 square feet

Bottling occupies 18,855 square feet.

Total sq= 41,900

Indirect factory costs include maintenance costs of $204,000.

First, we need to calculate the proportion of square feet for each department:

Mixing= 23,045/41,900= 0.55

Bottling= 18,855/41,900= 0.45

Now, we can allocate overhead:

Mixing= 0.55*204,000= $112,000

Bottling= 0.45*204,000= $91,800

7 0
4 years ago
Monetarists reject using discretionary monetary policy as an effective stabilization tool because they believe:_____.
WINSTONCH [101]

Monetarists reject using discretionary monetary policy as an effective stabilization tool because they believe the Fed will miss its money supply targets and make the economy worse.

Monetary policy is the macroeconomic policy set by the central bank. It involves the management of the money supply and interest rates, and is the demand-side economic policy adopted by national governments to achieve macroeconomic goals such as inflation, consumption, growth and liquidity.

Monetary policy is the action and communication of the central bank that controls the money supply. Central banks use monetary policy to prevent inflation, reduce unemployment, and promote moderate long-term interest rates.

Monetary policy refers to the measures taken by a country's central bank to control the money supply in order to stabilize the economy.

Learn more about monetary policy here:brainly.com/question/13926715
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3 0
2 years ago
The cost of goods sold for Frye Manufacturing in the year was $ 325 comma 000 . The January 1 Finished Goods Inventory balance w
zheka24 [161]

Answer:

$318,400

Explanation:

Cost of Goods Sold                              $325,000

Less: Inventory Opening January 1        ( $ 31,800)

Add;Closing Inventory                               $25,200

Cost of Goods Manufactured                    $318,400

The cost of goods sold are found out by adding opening stock and deducting closing stock from cost of goods manufactured.

In the given scenario we had to follow reverse order to reach out at amount of cost of goods manufactured.

4 0
3 years ago
Read 2 more answers
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