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Black_prince [1.1K]
4 years ago
6

You can spend $100 on either a new economics textbook or a new CD player. If you choose to buy the new economics textbook, the o

pportunity cost is:A)$100.B)your enjoyment of the new CD player.C)both the $100 and the your enjoyment of the new CD player.D)impossible to
Business
1 answer:
Fed [463]4 years ago
4 0

Answer: Option (B) is correct.

Explanation:

Given that,

Cost of new economics textbook = $100

Cost of new CD player = $100

Opportunity cost is the benefit that is foregone for an individual by choosing one alternative over other alternatives available to him.

If the opportunity cost is lower for an individual then this will benefit him whereas if the opportunity cost is higher then this will not benefit the individuals.

As the cost of both the products are identical, so the opportunity cost of buying new economics textbook is the enjoyment of the new CD player.

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Leaf Co. purchased from Oak Co. a $20,000, 8%, 5-year note that required five equal, annual year-end payments of $5,009. The not
Shtirlitz [24]

Answer:

A. $5,560

Explanation:

The computation of the total interest revenue is shown below:

= Five-year payments received of note payable - present value of note payable

where,  

Five-year payments received of note payable =  Annual year payment received × number of years

= $5,009 × 5 years

= $25,045

And, the present value of the note payable is $19,485

Now put these values to the above formula

So, the value would equal to

= $25,045 - $19,485

= $5,560

6 0
3 years ago
Principales características de las AGENCIAS
Licemer1 [7]

Answer:

CARACTERÍSTICAS DE UNA AGENCIA O DE UN AGENTE

Tiene personalidad jurídica propia.

Normalmente distribuyen productos de diferentes marcas y fabricantes.

Cobran comisión por las mercancías vendidas.

No mantienen inventarios. Colocan pedidos, además de efectuar cobranzas y remitir el efectivo a la casa matriz

4 0
3 years ago
International Imports (I2) pays an annual dividend rate of 10.40% on its preferred stock that currently returns 13.94% and has a
dangina [55]

Answer:

$74.61

Explanation:

The computation of the value of preferred stock is shown below:

Value of preferred stock = Annual dividend ÷ return of preferred stock per share

= 10.40% × 100  ÷ 13.94%

= $74.61

Simply we divide the annual dividend by the value of preferred stock per share so that the correct value of preferred stock can be computed

7 0
4 years ago
I need help please. I just need verification if these are the right answers- if not, then please correct me.
Anvisha [2.4K]
Yes number 1 is correct and 2 is correct and the rest
6 0
3 years ago
Your investment has a 20% chance of earning a 30% rate of return, a 50% chance of earning a 10% rate of return, and a 30% chance
stellarik [79]

Answer:

9.2%

Explanation:

expected return of the investment = potential return x chance of each return happening

Expected return of the investment:

  • 20% chance of occurring x 30% potential return = 0.2 x 30% = 6%
  • 50% chance of occurring x 10% potential return = 0.5 x 10% = 5%
  • 30% chance of occurring x -6% potential return = 0.3 x -6% = -1.8%
  • total expected return = 9.2%
6 0
3 years ago
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