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exis [7]
3 years ago
12

ECONOMICS: Opportunity Costs: Suppose on Friday night you have a choice to go either to a Katy Perry concert or a Lady Gaga conc

ert. You won a free ticket to see Katy Perry. You would pay as much as $200 to see Lady Gaga perform, but tickets to her show cost $100 . Assume that you end up going to the Katy Perry concert.
Since you went to the Katy Perry concert, you must be willing to pay at least $_____ to see Katy Perry.
Business
2 answers:
KengaRu [80]3 years ago
8 0
Since you went to Katy Perry concert, you must be willing to pay at least $100 to see Katy Perry. 
You desire to go to Lady Gaga concert and you are ready to pay as much as $200 to see her show, even though the entry ticket fee is $100. This implies that, you must be willing to pay at least $100 to see another show, if you decide to give up Lady Gaga show.
topjm [15]3 years ago
5 0

Answer:

This suggests merely, basically must be willing to pay at scarcest $100 to see another show up, in case you select to allow up Lady Gaga show.

You might be interested in
Scenario B: Raney Pharmaceuticals Corp. has completed a SWOT analysis as part of their ongoing strategic planning process. They
pickupchik [31]

Answer:

SWOT ANALYSIS

Explanation:

A SWOT analysis looks at internal and external factors that can affect a business.

In SWOT analysis Internal factors are strengths and weaknesses. External factors are the threats and opportunities. An example of an external factor is changes in technology or a new government policy.

The Strategic planning process implored by Raney Pharmaceuticals Corp should help them:

1. respond to new trends

Since more people are becoming interested in natural alternatives to traditional chemical pharmaceuticals and the trend is expected to continue over the next decade Raney Pharmaceuticals Corp could take advantage of this opportunity by diversifying to produce natural alternative medication.

2. Discover threats (external factor)

Since New regulations have been passed limiting their ability to sell certain formulations over the counter, it would likely reduce their sales.

3. Overcome Weakness

The company has inadequate financial resources to invest in their operations and thus would need to get new investors.

Also, since they have fallen behind in research and development in the last few years adequate measures should be taken to improve their research and development.

4 0
3 years ago
Click this link to view O*NET's Work Activities section for Architects. Note that common activities are listed toward the
Oxana [17]

Answer:

communicating with persons outside of the organization

drafting, laying out, and specifying technical devices, parts, and equipment

making decisions and solving problems

thinking creatively

4 0
3 years ago
Read 2 more answers
The manufacturing overhead budget of Paparella Corporation is based on budgeted direct labor-hours. The November direct labor bu
Andru [333]

Answer:

The answer for question A is $ 70,200

The answer for question B is $ 15.20

Explanation:

A.

 Budgeted direct labor hours = 6,000  hours

Variable overhead rate = $2.00

Variable manufacturing overheads = 6000 x $2 = $ 12,000

Fixed manufacturing overhead = $ 79,200

Total Manufacturing overheads = $ 91,200

Depreciation = $ 21,000

Cash disbursement of manufacturing overhead for November = total manufacturing overheads - Depreciation

= $91,200 - $ 21,000 = $ 70,200

B.

From above, we have  Total Manufacturing overheads = $ 91,200

Budgeted direct labor hours = 6,000  hours

Predetermined overhead rate for the month of November = Total Manufacturing overheads ÷ Budgeted direct labor hours

= $91,200 ÷ 6000 = $ 15.20

3 0
4 years ago
What annual rate of return would Jia need to earn if she deposits​ $20,000 per year into an account beginning one year from toda
Nimfa-mama [501]

Answer:

3.12%

Explanation:

We use formula in excel to calculate annual rate of return

Rate = (Nper,PMT,,FV,1)

Nper (number of payments): 30

PMT (payment made every period) : -$20,000

FV (future value of investment): $1,000,000

type 1 for payment beginning of period

Then rate = (30,-20000,,1000000,1)= 3.12%

Please see excel attached for the calculation

Download xlsx
5 0
3 years ago
Once a firm has diversified and established itself in several different businesses, then its main strategic alternatives include
RoseWind [281]

Answer:

E. Shifting from a multi-country to a global strategy.

Explanation:

  • The process of diversification allows the firms to reap the competitive advantages as the benefits of the skills and transfers, low costs economies of scope.  
  • Cross boundaries used by the powerful brands and collaboration in the creation of stronger and competitive capabilities.
  • A diversified firms thus look for a global strategy to spread its risks and establish its business and develop its main strategic alternatives.  
  • The diversified firms hence have ample market opportunities and thereby brain the scope of the business.
6 0
3 years ago
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