<u>Full question:</u>
Rob Redbird is interested in attending a concert next weekend. Unfortunately, he is scheduled to work. If he finds a substitute for his shift so he can attend the concert, what kind of cost is he incurring?
A. Fixed
B. Opportunity
C. Unexpected
D. Unavoidable
E. Tangible
<u>Answer:</u>
He incurring is Opportunity
kind of cost
<u>Explanation:</u>
Opportunity costs describe the gains a somebody, investor or business craves out on when picking one choice over another. Analyzing opportunity costs can manage you in exceeding profitable decision-making. Bottlenecks are frequently a case of opportunity costs.
The most fundamental description of opportunity cost is the cost of the subsequent most immeasurable thing you could have accomplished had you not obtained your primary option. Opportunity cost examination also operates a vital role in preparing a business's capital building. Opportunity costs are universally and transpire with every decision made, huge or little.
Answer:
Adverse selection
Explanation:
Adverse selection typically refers to such a circumstance when sellers possess knowledge that customers just don't have, about some type of quality of products — in other terms, it is a method of leveraging asymmetric data.
In other words, Asymmetric information, often referred to as intelligence loss, occurs when any group has better knowledge of data than any of the other group.
Thus, we can conclude that the warranty is given to ensure customers that nothing has been hidden from them.
i think its computer assembly and repair.
Answer:
Equity at August 1st 0
adds: Carmen Camry Investment 101,4000
Net Income 5,410
Subtotal 106,810
Withdrawals -5,950
Carmen Camry capital account at the end of August 31th 100,860
Explanation:
We have to calculae the net income
Fees earned 26,960
office 5,200
rent expense 9,500
salaries expense 5,560
telephone expense 820
miscellaneous expenses 470
Total Expenses 21,550
Net Income 5,410
Then we do the equity stamtent:
beginning + investment + net income - withdrawals = ending
Equity at August 1st 0
adds: Carmen Camry Investment 101,4000
Net Income 5,410
Subtotal 106,810
Withdrawals -5,950
Carmen Camry capital account at the end of August 31th 100,860
The parts of a company's business model that are often easiest to identify are market strategy and market opportunity.
A market opportunity is a newly identified demand that a company could use to grow; often, this is because competitors aren't filling it.
A marketing strategy is a long-term plan for achieving a company's goals through comprehending customer needs and creating a distinct, sustainable competitive advantage. Everything is covered, from selecting the channels to use to get in touch with your customers to identifying them.
The target market for the venture, a competitive analysis, marketing strategies, estimated launch expenses, and funding sources should all be included in the business model of a new company.
For more information, Market strategy and market opportunity
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