3 years ago

What is opportunity cost

Business

2 answers:

RideAnS [48]3 years ago

8 0

<span>the loss of potential gain from other alternatives when one alternative is chosen.</span>

Gre4nikov [31]3 years ago

4 0

Opportunity cost is the alternative we give up when we choose one option over the other.

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Select the correct answer.

Ksenya-84 [330]

Answer: E. she can now work as a trainee with an expert

Explanation:

Since Jessica hopes to get an entry level job in an audit firm, the professional organization will help her in her quest as she can now work as a trainee with an expert.

By joining the professional organization, she'll get the work experience that's needed when she finally get the role on the audit firm. She would have learned from a professional who's experienced and this will be vital in her getting into the workforce.

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3 years ago

If the mean time between in-flight aircraft engine shutdowns is 12,500 operating hours, the 90th percentile of waiting times to

Elis [28]

To determine the 90th percentile of waiting times to the next shutdown, we use the formula
(10)* E[X] = 2.30258509*E[X] 2.30258*12500 = 28782.31 HOURSTherefore, the 90th percentile of waiting times to the next shutdown will be approximately 28782 hours

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3 years ago

You run a nail salon. Fixed monthly cost is $5,518.00 for rent and utilities, $6,014.00 is spent in salaries and $1,613.00 in in

Liono4ka [1.6K]

Answer:

With 266 costumers it is indifferent where the nail salon is located.

Explanation:

Giving the following information:

Fixed monthly cost is $5,518.00 for rent and utilities

$6,014.00 is spent on salaries.

$1,613.00 in insurance.

Every customer requires approximately $4.00 in supplies.

You charge $120.00.

New location:

Fixed costs in rent and utilities= $11,401

Salaries= $6,716.00

Insurance to $2,203.00 per month.

The cost of supplies will increase to $7.00 per service.

Selling price= $150.00 per service.

Gross profit old location= Contribution margin*Q - fixed costs

Gross profit old location= (120-4)*Q - 13145

Gross profit new location=Contribution margin*Q - fixed costs

Gross profit new location= (150-7)*Q - 20320

116*Q-13145= 143*Q - 20320

7175=27*Q

Q=265.74074 = 266costumers

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3 years ago

Suppose that disposable income, consumption, and saving in some country are $200 billion, $150 billion, and $50 billion, respect

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3 years ago

A. she was born on august? 4, 1950, and lived at 37 gesner street until she was sixteen.

Korolek [52]

??? C ???

whats the question here

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3 years ago