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drek231 [11]
3 years ago
14

Russell spends an hour studying instead of playing basketball. Russell’s willingness to study is due to the fact that he... Your

answer:
a. must enjoy studying more than he enjoys playing basketball.
b. believes the marginal cost of studying an extra hour is immensely challenging.
c. feels the marginal benefit of an extra hour of studying exceeds the marginal cost of not playing basketball.
d. considers his opportunity cost to be zero.
Business
2 answers:
labwork [276]3 years ago
8 0

Answer:

The correct answer is letter "C": feels the marginal benefit of an extra hour of studying exceeds the marginal cost of not playing basketball.

Explanation:

In decision-making, an analysis of benefits-costs is essential to select the choice with the greatest return.<em> If the marginal benefit of the choice is greater than the marginal cost, it is reasonable to take that option</em>. If the marginal cost is greater than the marginal benefit, it is convenient to leave that option behind.

Thus, <em>Russell must have considered the marginal benefit of an extra hour studying greater than the marginal cost of not playing basketball.</em> That is the reason why he rather spent an hour with his books than with a basketball.

love history [14]3 years ago
4 0

Answer:

c. feels the marginal benefit of an extra hour of studying exceeds the marginal cost of not playing basketball.

Explanation:

Russel made a choice to study for an hour instead of playing basketball. When making choices people weigh the benefits of an action against its opportunity cost.

Opportunity cost is the forgone alternative when we choose to do something.

In this instance Russell chose to study and the opportunity cost was to enjoy playing a basketball game.

For him to choose to study it means he saw the benefit of reading to be greater than the marginal cost of playing basketball. So he chose the most beneficial activity for him.

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Answer:

True

Explanation:

There are several Supreme Court Rulings regarding the ADEA during the past two decades, most of them concerning technical issues, but  the most straightforward ruling regarding the question is:

General Dynamics Land Systems, Inc. v. Cline, 540 U.S. 581 (2004)

The Supreme Court ruled that the purpose of the ADEA is to prevent discrimination against older workers in benefit of younger workers, but it does not prevent discrimination against younger workers in benefit of older workers.

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3 years ago
You are a junior in college. You sent your resume to a half-dozen companies hoping to get a summer internship. Two weeks ago XYZ
zlopas [31]

Answer:

I would politely reach out to XYZ organization and let them know I won't be taking them on their offer

Explanation:

In this particular situation, there is no legal binding in this agreement to start work. There is no responsibility from me to XYZ corporation.

If this new offer excited me more than what XYZ corporation has offered, then I have to decide which company i would decide to do my internship with. So I would have to politely decline the offer from XYZ.

3 0
3 years ago
WHAT IS THE DIFFERENT BETWEEN BUSINESS MANAGEMENT AND BUSINESS ADMINISTRATION
myrzilka [38]

Answer:

A business management degree focuses more on planning and organizing, whereas a degree in business administration provides a broad background and then allows the student to focus on a specialized area of business

Explanation:

Business administration (also known as business management) is the administration of a business. It includes all aspects of overseeing and supervising business operations. From the point of view of management and leadership, it also covers fields that include accounting, finance, project management and marketing.

3 0
3 years ago
If you found that the total of the debits column of the trial balance for a company is $200,000, while the total of the credits
jarptica [38.1K]

Some accounting errors that cause the difference between the debits and credits columns of the trial balance are as follows:

  • Data entry errors
  • Errors of omission
  • Errors of commission
  • Errors of transposition of one side of the entry
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These errors are called accounting discrepancies. They are not intentional mistakes, but they often occur.

Thus, to forestall accounting errors, every company requires good accounting software to record its transactions, while the accounting staff should be adequately trained.

Learn more about the accounting errors that cause the trial balance not to balance at brainly.com/question/25671653

3 0
3 years ago
Southwestern Bank offers to lend you $50,000 at a nominal rate of 6.9%, compounded monthly. The loan (principal plus interest) m
san4es73 [151]

Answer:

0.98%

Explanation:

Note: Options provided is slightly different for this question

EAR = (1+APR/m)^m - 1  

EAR = (1+0.069/12)^12 - 1

EAR = (1.00575)^12 - 1

EAR = 1.07122449517 - 1

EAR = 7.12%

Hence, higher EAR  charged by Woodburn versus the rate charged by Southwestern = (8.1% - 7.12%) = 0.98%

5 0
3 years ago
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