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Rasek [7]
3 years ago
14

If xavier gives up a job in which he earns $23,000 per year in order to go to college full time, his foregone income is part of

the opportunity cost of going to college.
Business
1 answer:
natulia [17]3 years ago
3 0
Yes his foregone income is part of the opportunity cost of going to college
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The model commonly used by large organizations places the information security department within the __________ department.\
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<span>Information technology</span>
7 0
3 years ago
13. Assume that Cane’s customers would buy a maximum of 80,000 units of Alpha and 60,000 units of Beta. Also assume that the raw
timurjin [86]

Answer:

80000 unit of Alpha

Explanation:

This is a Limiting factor/resource constraint question. In certain situations entities suffer from shortage of necessary resources (e.g: shortage of material, labor hours, machine hours), in such circumstances entities strive to allocate the constraint resources to the production of those products which generate the highest contribution per limiting factor and help maximize total contribution. In this case the limiting factor for Cane is Raw material.

Lets suppose that each unit of <em>Alpha and Beta sell for $120 and $80</em> respectively and variable cost per unit of <em>Alpha and Beta is $69 and $20 </em>respectively. Each unit of <em>Alpha and Beta require 2 and 5 pounds</em> of raw material for production respectively.

Now that we have supposed the data we have to compute contribution per unit and then contribution per limiting factor and based on the ranking (i.e highest first) of contribution per limiting factor we decide which product should be given priority for resource allocation.

<em>Lets calculate contribution per unit.</em>

Alpha:

Contribution per unit= SP-VC

Where, SP stands for selling price and VC stands for variable cost.

CPU= 120-69

CPU=$51

Beta:

Contribution per unit= 80-40

CPU=$40

<em />

<em />

<em>Now, lets calculate contribution per limiting factor.</em>

Alpha:

CLF: $51÷2

CLF: $25.5        1st Rank

Beta:

CLF: $40÷5

CLF: $8              2nd Rank

So clearly Alpha has a greater contribution per limiting factor and it implies that Alpha will earn the highest contribution margin therefore Cane should produce and allocate resources to Alpha first and then Beta if there remains any?

Profit maximizing output:

It requires 2 pounds of raw material to produce one unit of Alpha (i.e 80000×2=160000) Therefore Cane should produce 80000 units of Alpha only in order to maximize its profits.

3 0
3 years ago
The shifting balance from tangible goods to intangible services has marketing leaders adopting​ ________ as a guiding principle
aliina [53]

A marketing leaders adopts a ​service-dominant logic as guiding principle when there is shift in balance from tangible goods to intangible services.

<h3>What is ​service-dominant logic?</h3>

This logic refers to a perspective which introduces a new method for articulating an alternative view of exchange and value creation in the markets.

In conclusion, sometimes, a marketing leaders adopts a ​service-dominant logic as guiding principle when there is shift in balance from tangible goods to intangible services.

Read more about service-dominant logic

<em>brainly.com/question/17961245</em>

7 0
2 years ago
Assume that the following data characterize the hypothetical economy of Trance: money supply = $200 billion; quantity of money d
Oliga [24]

Answer:

a. What is the equilibrium interest rate in Trance?

The equilibrium interest rate is 6%, because it is the interest rate that brings the money supply and the money demand to equilibrium.

At 12% interest rate, the quantity of money demanded is 170 billion, while the money supply is 200 billion.

The quantity of moned demanded as an asset increases by 10 billion if the interest rate falls by two percentage points. Thus, if the interest rate falls 6 percentage points, the quantity of money demanded as an asset will increase by 30 billion, reaching 40 billion.

At this point, money demand is:

$160 billion (money demanded for transactions) + $40 billion (money demanded as an asset) = $200 billion.

Which is the same as the money supply.

b. At the equilibrium interest rate, what is the quantity of money supplied, the money demanded, the amount of money demanded for transaction, and the amount of money demanded as an asset in trace?

The quantity of money supplied is still 200 billion.

The quantity of money demanded is 200 billion.

The amount of money demanded for transactions is 160 billion.

And the amount of money demanded as an asset is 40 billion.

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3 years ago
Nergui buys only specialized mountain bikes because he believes they are the best product available. He will not buy any parts o
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Nergui is displaying brand loyalty
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