The following statement "Opportunity costs are not found in accounting records because they are not relevant to decisions" is false.
The opportunity cost is the time spent learning and the money that might have been used for something else. When a farmer decides to grow wheat, there is an opportunity cost associated with not doing so or using the resources in another way (land and farm equipment).
The apparent advantage of not selecting the next best alternative when resources are limited is what is commonly referred to as opportunity cost. Opportunity costs are not just monetary or financial expenses. An opportunity cost is also the real price of missed productivity, time, or any other for-profit gain.
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This is true Parole violators account for more than half of prison admissions in many states Parole is a popular sentencing option.
Answer:
<u>the trend of more Latino immigration </u>
Explanation:
The stores have identified a market opportunity because of the increase in Latino immigrants in Boston, Massachusetts.
Note that when a significant amount of a population come from a certain ethnic group, demand for ethnic products is more likely to increase. Thus, this has made Marco feel very much at home.
Answer:
In which of the following situations would each of the members be responsible for producing an equal share of the total amount of output sold by the cartel engaged in joint profit maximization?
When marginal costs of production are the same for each of the members of the cartel.
Explanation:
D
Employees who have the ability to work well with others to get things done are said to have technical skills.
An employee is an employee hired by an employer to do a specific job. Employers control how employees are paid, when employees work, and how employees work. In return, employees receive benefits that contractors do not.
You should take care of your employees as much as you take care of your customers. If you trust and value your employees, they will be more committed to serving your customers well and ultimately contributing to your company in a great way.
An employer is an individual, firm, or organization that employs people and pays them wages for their work. A person who works and gets paid is called an employee.
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