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Flauer [41]
3 years ago
5

Select the correct answer.

Business
1 answer:
Ilya [14]3 years ago
7 0

Answer:

What represents the value of the second-best alternative that a person gives up when making a choice?

Opportunity cost

Explanation:

Opportunity cost entails the next value best to alternative available, the availability to choose from pool of alternatives results into an opportunity cost

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What factors do you think are most important to luxury buyers?.
wolverine [178]

Explanation:

•The Value of Space. When it comes to luxury homes, it's all about space. ...

•Entertaining Excellence. ...

•Security & Convenience. ...

•Keeping Things Exclusive.

4 0
2 years ago
Rick, who is single, has been offered a position as a city landscape consultant. The position pays $131,000 in cash wages. Assum
Inessa05 [86]

Answer:

a. $99 560     b. $66900 c. option a

Explanation:

Rick deducts on a standard deduction which lowers his income by one fixed amount.

Ricks gross income $131000. He has no one else except himself so no other deductions besides tax.

(a) After tax compensation = Gross income – Deductions(tax)

                                          = $131000 - $131000*24%

The tax percentage is taken from the tax table so rick earns between the tax brackets $84201 to $160725 as we are told he is also single.

                                            =$131000 - $31440

                                             =$99 560 is Ricks after tax compensation or income.

(b) After tax compensation = Gross Income – Deductions(tax) + Benefits

                                             =$80 0000 - $80000*22% +$4500

                                             =$66900 will be Ricks after tax compensation for the other option.

The tax percentage of 22% is taken from the tax schedule on the tax brackets of $39476 to $84200 as the option contains $80000 which rick can potentially earn if he chooses this option.

(C) Rick should take the $131 000 option which is the option calculated first as it has a higher take home pay than the second option with benefits so he can be more satisfied as the bottom option for $80000 charges more tax at a lower amount the tax amounts are much closer in percentages but their difference is greater as it is approximately $51000 so he will benefit more on the first option than the second option.

6 0
3 years ago
You are a collector of antique coins. you purchase a silver dollar minted in 1898. is this sale included in gdp for the current
stich3 [128]
The answer is No, unless the coin has been in circulation. Hope this helps.
3 0
3 years ago
During its first year of business, Oceanic, Inc. has sales of $300,000 and pays warranty claims of $10,400. Oceanic offers a one
Helga [31]

Answer:

$4,600

Explanation:

The computation of the balance in Oceanic's Warranty Liability account is shown below:

= Sales × estimated percentage - warranty claims

= $300,000 × 5% - $10,400

= $15,000 - $10,400

= $4,600

We simply find out estimated warranty cost and then deduct the warranty claims so that the accurate value can come.

Thus, All the items are need to be considered for the computation part.

5 0
3 years ago
Write one paragraph about SOMETHING THAT CHALLENGED YOU AND MADE YOU STRONGER.
Amiraneli [1.4K]

Answer:

gjgjdhgtkdghdhtuhiuhidgauiwhjkHR>hiugska./burwq.dfjkcsabkdguiqwbasckjbuqi;JDPOQKASBFIU;whjcb hjadgf9;jfpihfaoki8yeriPHGNUAEIYE87YEL

Explanation:

4 0
3 years ago
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