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Angelina_Jolie [31]
3 years ago
14

Denasia is planning a cruise to the Bahamas and has a budget for new evening wear of $400. The average price for a pair of shoes

is $50 while the average price for an evening dress is $100. If Denasia already has 3 dresses purchased for her cruise, what is the opportunity cost of buying one more dress?

Business
1 answer:
zubka84 [21]3 years ago
4 0

Answer:

The opportunity cost of buying 1 more dress is 2 pairs of shoes

Explanation:

In the graph attached to this question below, it is seen that when Denasia purchases 3 dresses, he has 4 pairs of shoes. Now if he wants to purchase 1 more dress, he has to sacrifice 2 pairs of shoes.

Thus, the opportunity cost of buying 1 more dress is 2 pairs of shoes.

Note: Kindly find an attached image of the graph as a part of the solution to the question below.

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Victoria’s 2021 tax return was due on April 15, 2022, but she did not file it until June 12, 2022. Victoria did not file an exte
Vesnalui [34]

Based on the information the amount of penalty that Victoria will have to pay is $850.

<h3>Penalty amount:</h3>

Using this formula

Penalty amount=(Tax return×Tax rate)×2

Where:

Tax return=$8,500

Tax rate=5%

Let plug in the formula

Penalty amount=( $8,500 x 5%) x 2

Penalty amount=$425×2

Penalty amount=$850

Inconclusion the amount of penalty that Victoria will have to pay is $850.

Learn more about penalty here:brainly.com/question/1178265

8 0
2 years ago
Elaina and Allen just purchased a home using a deed of trust. Which of the following is most likely true about their home loan
kozerog [31]

Elaina and Allen just purchased a home using a deed of trust: A trustee will keep the title in its most basic form until the debt is paid off. This is further explained below.

<h3>What is a deed of trust?</h3>

Generally, From the perspective of the lender, a deed of trust offers a significant advantage over a mortgage in a number of important respects. In the event that the borrower fails to make their required payments on the loan, the trustee has the authority to use their right to foreclose on the property on behalf of the beneficiary.

In conclusion, A deed of trust was used in the recent purchase of a property by Elaina and Allen. Until the mortgage debt is completely paid off, a trustee will retain the title in its simplest form.

Read more about the deed of trust

brainly.com/question/8920219

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3 0
2 years ago
Pay your Taxes :DDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDD
horrorfan [7]

Answer:

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Explanation:

7 0
3 years ago
Read 2 more answers
Heidi ganahl's life story helps the employees and franchisees of camp bow wow understand _____.
GrogVix [38]

Answer: Culturally consistent decisions

Explanation:

The options are:

a The organizational structure

b The environmental complexity

c Behavioral substitutions

d Culturally consistent decisions

Heidi Ganahl's life story helps the employees and franchisees of Camp Bow Wow understand culturally consistent decisions.

Organizational stories are being told by people in order to recall certain things that has happened in an organization and to also emphasize culturally consistent decisions, assumptions, and actions.

4 0
3 years ago
Use the following selected balance sheet and income statement information for Caroline Supply Co. (in millions) to compute asset
lidiya [134]

Answer:

3.15 times

Explanation:

Asset turnover = Sales revenue / Average total assets

Asset turnover = $1,135,420 / $360,600

Asset turnover = 3.15 times

7 0
3 years ago
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