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beks73 [17]
3 years ago
9

Lisa is choosing between three alternatives: a) working at her job that pays 60 dollars; b) writing a term paper which she value

s at 40 dollars; or c) going out with a friend, which she values at 80 dollars. The opportunity cost of writing the term paper is:a. 140 dollars.
b. 0 dollars.
c. 80 dollars.
d. 20 dollars.
Business
1 answer:
Mkey [24]3 years ago
7 0

Answer:

c. 80 dollars.

Explanation:

Opportunity cost represents the next best alternative missed.  It is the forfeited benefits arising from choosing one option over the others. Opportunity cost is expressed as a value or the worth of the forgone alternative.

Lisa's opportunity cost is $ 80.  She has valued going out with her friend at $ 80, which is the highest value amongst her three choices. Since she can not engage in all the three activities at the same time, the next best alternative to writing her exam is the opportunity cost.

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Larry's parents divorced when he was 5. His father moved out of the area, and his mother is kept busy with trying to keep a roof
Aleks [24]

Answer:

The correct word for the blank space is:  Permissive.

Explanation:

Permissive parenting is the style by which parents allow their children to do what the children consider best for them, even if it is not necessarily correct. Under this approach, parents are seen more like friends since they do not provide the children with a well-established set of rules.

3 0
3 years ago
Which statement below best describes the accounting equation? Multiple Choice The change in retained earnings equals net income
8_murik_8 [283]

Answer:

The correct answer is Resources of the company equal creditors' and owners' claims to those resources.

Explanation:

It can be used to determine that the income or income of the consumer is exactly equal to the expense (purchase) of goods, for the determined period of consumption. In other words, by adding the value spent on the acquisition of goods "x" and goods "y". To have such values it is enough to multiply the number of possible units to acquire - in each of the points - by their respective price and then add them; This can be done at any point in the price line.

4 0
3 years ago
Baskets Inc. gathered the following actual results for the current month: Actual amounts: ​ Units produced 6000​ Direct material
ss7ja [257]

Answer:

price variance  $(22,800.00) UNFAVORABLE

Explanation:

(standard\:cost-actual\:cost) \times actual \: quantity= DM \: price \: variance

std cost                           $6.00

actual cost                    $9.00

quantity                       7,600

difference                   $(3.00)

price variance  $(22,800.00)

We calculate the actual cost by dividing total cost by the lbs purchased:

68,400/7,600 = 9

Because the diference is negative, the variance is unfavorable.

Each pound cost more than it was planned.

8 0
3 years ago
Financial managers should strive to maximize the current value per share of the existing stock to:_____.
My name is Ann [436]

Financial managers should strive to maximize the current value per share of the existing stock to  represent the interests of the current shareholders.

<h3>What is the functions of the Financial managers?</h3>

Financial managers can be described as the type of managers that are  responsible for the financial health of an organization.

They help in the  creation of the  financial reports as well as  directing investment activities, and develop plans , hence Financial managers should strive to maximize the current value per share of the existing stock to  represent the interests of the current shareholders.

Learn more on Financial managers at:

brainly.com/question/1279044

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6 0
1 year ago
eastern hotel corp. pays a constant $7.80 dividend on its stock. the company will maintain this dividend for the next 13 years a
Lesechka [4]

The stock is now trading at $52.16 per share.

The current value of an annuity of n regular payments of P at r% with yearly payments is provided by:

PV = P × (1 -((1 + r) ^{-n}÷r))

Estes Park Corp. distributes a fixed rate of a dividend of P = $7.80 per share on its shares. The corporation will retain this dividend for the following n = 13 years before ceasing dividend payments permanently. If the necessary returns on this stock are not metis r = 11.2% = 0.112.

The actual share price is calculated as follows:

Current share price = $7.80 × (1 -((1 + 0.112) ^{-13}÷0.112))

$7.80 × ((1 - 0.251) ÷ 0.112)

$52.16

Therefore, the current share price is $52.16

Read more about the stock price at

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6 0
10 months ago
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