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bagirrra123 [75]
3 years ago
6

Which of the following best defines "opportunity cost"?

Business
2 answers:
mafiozo [28]3 years ago
8 0
The answer I believe is c because I just did this section.
melamori03 [73]3 years ago
6 0

The answer is<u> "c. giving up the next best alternative by selecting the best option".</u>


Opportunity costs represent the advantages an individual, financial specialist or business passes up while picking one option over another. While financial reports don't demonstrate opportunity cost, entrepreneurs can utilize it to settle on taught choices when they have various choices previously them. Since they are inconspicuous by definition, opportunity expenses can be neglected in the event that one isn't cautious. By understanding the potential botched chances one renounces by picking one investment over another, better choices can be made.

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Thad, Jamarcus, and Willy have been working for Davidson International each for three years. While the trio started together as
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Answer:

A) cognitive

Explanation:

Since in the question it is mentioned that three persons are working for DavidSon international. All three have in their positions in the company but Willy received a small raise after considering the evaluation of  last performance

In case when Thad complained regarding the raise so he was experiencing a cognitive attitude that deals in belief, knowledge, thoughts of a particular person

hence, the correct option is A.

4 0
4 years ago
Capital city of Morocco​
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Answer:Rabat

Explanation:

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"Miller made a contract to sell his condominium to Jefferson for $80,000." Two days later Miller changed his mind after discover
vredina [299]

Answer:

Specific performance

Explanation:

Specific performance is the contract in which the party performs for the specific purpose rather than the general purpose. In this contract, one party is refusing to perform the contract due to some better options or by any other reasons

Examples - in case of real estate properties, antiques, etc.  

In the given case, the contract was made for  $80,000  but after two days the party deny to perform it as the party got an additional $20,000. So, this is the case of the specific performance.

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3 years ago
High Step Shoes had annual revenues of $192,000, expenses of $107,200, and dividends of $20,800 during the current year. The ret
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Answer:

Debit Income Summary $84,800, Credit High Step Shoes, Capital $84,800

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Preparation of what The entry to close the Income Summary account at the end of the year, after revenue and expense accounts have been closed, is:

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Credit High Step Shoes, Capital $84,800

($192,000-$107,200)

(To close the Income Summary account )

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The Revenue Reconciliation Act of 1993 modified the 1986 passive loss restrictions by allowing individuals who materially partic
solong [7]

Answer:

The answer is "50%"

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Modify the state budget Act of 1974 to boost the FY in 1994 and 1995. It is the maximum federal debt quantity and also to set these other quantities for FY 1996 to 1998. Repudiates in the 1994 and 1995 boundaries on consumption spending.

In the Act of 1993, it modifies the 1986 active losses restrictions so, that it allowed rental damages from other revenues to also be deducted from persons who significantly participated such rental properties.  

The person may allocate 50% to his time towards services rendered throughout a tax year from the business.

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4 years ago
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