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Nostrana [21]
3 years ago
10

It usually takes less time to buy a six-pack of Pepsi, a loaf of bread, and a bag of potato chips at a small convenience store (

such as 7-Eleven) than at a large, full-service grocery store. Which of the following persons is most likely to buy these items at a convenience store? a. a person with a high opportunity cost of time b. a person who is out of work c. a person who works at a full-service grocery store d. a person with a low opportunity cost of time
Business
1 answer:
dybincka [34]3 years ago
6 0

Answer:

The correct answer is the option A: a person with a high opportunity cost of time.

Explanation:

To begin with, the opportunity cost of something is what the person sacrificies in order to be doing that thing. Therefore that when we talk about the opportunity cost of time it refers to what the person sacrificies in order to do something with that time. If the person has a high opportunity cost of time then the sacrificies that he made with that time will be higher than other person that has a low opportunity cost of time, meaning that the time spent by that person is less important than to the one that has a lot of time to spare.  

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es el número total de protones que tiene cada átomo

Explanation:

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A major ethical dilemma in modern business stems from the growth of environmentalism and the “green” lifestyle. Businesses argue
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Businesses have a moral obligation that must be politically enforced.

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There are two ways in which the fed can provide additional reserves to the banking system: it can ________ government bonds or i
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Fed can <u>purchase</u> government bonds or it can <u>extend</u> discount loans to commercial banks.

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3 0
2 years ago
The type of appeal used to imply either directly or subtly that the product is more fun or exciting than competitors' offerings
xenn [34]

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7 0
2 years ago
Integrated Masters Inc. (IMI) is presently operating at 80% of capacity and manufacturing 116,000 units of a patented electronic
balu736 [363]

Answer:

a. $3.13 per unit

b. No

c Yes

Explanation:

The computation is shown below

a. Fixed overhead per unit is

= Fixed overhead ÷ Number of units manufactured

= $363,000 ÷ 116,000 units

= $3.13 per unit      

b. The cost calculation is not appropriate because the fixed overhead per unit is not be involved while calculating the cost

c. Now the acceptance of the offer should be based on total relevant cost which is            

Total relevant cost

= $6.1 + $6.1 + $8.1

= $20.3  

Since the offer is accepted because total relevant cost is less than the offered purchase price i.e $24.50    

       

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3 years ago
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