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irina1246 [14]
3 years ago
7

You purchase a $30, nonrefundable ticket to a play at a local theater. Ten minutes into the show you realize that it is not a ve

ry good show and place only a $10 value on seeing the remainder of the show. Alternatively you could leave the theater and go home and watch TV or read a book. You place an $12 value on watching TV and a $8 value on reading a book. 1.You should go home and watch TV. 2.You should go home and read a book. 3.You should stay and watch the remainder of the show. 4.You should go home and either watch TV or read a book.
Business
1 answer:
Murljashka [212]3 years ago
3 0

Answer:

1) You should go home and watch TV.

Explanation:

Since you value seeing the play $10, then you should leave the theater and go to your house to watch TV since that has a higher value for you ($12).

We are talking about opportunity costs here. Opportunity costs are the extra costs or benefits lost from choosing one activity or investment over another. In this case the opportunity costs are:

  • watch the play = $10
  • watch TV = $12
  • read a book = $8

Since watching TV is more valuable to you, then that is what you should be doing.  

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Q 6.41: Which of the following companies is most likely to have lost sales due to an inventory shortage? Company 1 has an invent
V125BC [204]

Answer:

Company 1 is most likely to have lost sales due to an inventory shortage.

Explanation:

Inventory turnover is the ratio that how many time a business has sold or replaced the inventory during a given period. A business is considered more profitable if it has high inventory turnover.

Company with highest Inventory turnover may lost sales due to inventory shortage.  Company 1 1 has the highest inventory turnover of 46.3. Which may lead to to the shortage of stock because the inventory in stock is more likely to sold earlier than other companies. High inventory turnover will lead to low inventory days.

6 0
3 years ago
For a piece of legislation to proceed to the Senate, it needs a certain number of votes. Whose job is it to organize votes by me
Zigmanuir [339]

Answer:

The Whip

Explanation:

According to my research on the process that every legislation goes through in order to proceed to the senate, I can say that based on the information provided within the question it is the job of The Whip to organize the votes. Formally known as the "assistant party leader", The Whip's primary job is to keep track and sum up the number of votes for and against a piece of legislation.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

7 0
3 years ago
Bernice’s has $823,000 in sales. The profit margin is 4.2 percent and the firm has 7,500 shares of stock outstanding. The market
Irina-Kira [14]

Answer:

a. 3.58

Explanation:

the price earning ratio is obtain with the following formula:

\frac{Market \: Price}{EPS}

We are given with the market price, now we need to solve for the EPS

with sales and profit margin we solve for net income. then we divide by the shares outstanding to get the EPS

823,000 sales x 4.2 profit margin = 34.566‬ net income

now we solve for EPS Earning per share:

\frac{Income}{Shares}\\\frac{34,566}{7,500} = 4.6088‬

Now we can sovle for price-earnings ratio

\frac{Market \: Price}{EPS}

16.50/4.61 = 3,5791 = 3.58

8 0
3 years ago
Exchange rate forecasting is: Group of answer choices important because exchange rates influence all aspects of business. import
Taya2010 [7]

Answer: Exchange rate forecasting is important because exchange rate influence all aspects of business.

Explanation:

Exchange rate forecast is a method that is used to predict exchange rates by collecting all the relevant factors that may affect a currency.  Exchange rate forecasting is vital because exchange rates influence all aspects of business.

The exchange rate plays a vital role for firms that import raw materials and export goods. A depreciation i.e a devaluation of the currency will make exports cheaper and therefore exporting firms will benefit. Every firm is interconnected in one way or the other, therefore exchange rate is vital.

7 0
3 years ago
A part of a business's message that distinguishes it from all its competitors
MrMuchimi

Answer: Brand.

Explanation:

A brand usually a logo, name,  word or sentence or the comnbination  is  a company's valuable assets that  distinguishes its  their product from its competitors. Overtime, A Brand which proves credibility will promote the company's worth and value  and endear potential buyers   to the benefit  its owners and shareholders.   A brand becomes a trademark when legal protection is conferred on it.

7 0
3 years ago
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