1. A) Because you don't want to be stuck living with your parents until you are 30
2. B) Living and educational expenses
Reason:
I took a test very similar to this a few days ago, and I am a straight-A student.
Answer:
$ 363,880
Explanation:
The seller must cover the mortgage, closing costs, and brokerage fee. Once these expenses are covered, the down payment is added. This adds the minimum amount for the house price.
Mortgage 290,000
Closing costs 1,400
Brokerage fee <u> 17,400</u> (6% * 290,000)
<h3>Total Expenses 308,800</h3>
Down payment <u> 55,000</u>
<h3><u>Minimun price</u> 363,880</h3>
The factor that protects Tricare beneficiaries from devastating financial loss due to serious illness or long-term treatment by establishing limits over which payment is not required is known to be called catastrophic cap benefit.
<h3>What is catastrophic cap benefit?</h3>
The catastrophic cap is known to be a word that connote the highest or maximum a person and their family can be able to pay so that they can be able to covered TRICARE health care services in all of the calendar year.
Note that this is known to be a plan that tends to protects a person due to the fact that it lowers the amount in terms of the out-of-pocket expenses a person need to pay for TRICARE covered medical services.
Therefore, The factor that protects Tricare beneficiaries from devastating financial loss due to serious illness or long-term treatment by establishing limits over which payment is not required is known to be called catastrophic cap benefit.
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Answer:
the benefit to his grades from studying for an hour
Explanation:
Opportunity cost also known as the alternative forgone, can be defined as the value, profit or benefits given up by an individual or organization in order to choose or acquire something deemed significant at the time.
Simply stated, it is the cost of not enjoying the benefits, profits or value associated with the alternative forgone or best alternative choice available.
In this scenario, Gomer decided to spend an hour playing basketball rather than studying his books. Thus, his opportunity cost is the benefit to his grades from studying for an hour.
This ultimately implies that, if he had spend the time he used in playing basketball to study, it would have added value to his grades.
Inventory carrying cost means total expenses incurred while storing an unsold good.
<h3>What is
Inventory carry cost?</h3>
Basically, an Inventory carry cost means the total holding cost for holding an inventory which includes the cost of capital, warehousing, depreciation, insurance, taxation, obsolescence, opportunity cost.
In other word, the Inventory carrying cost means the total expenses incurred while storing an unsold good.
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