All categories

3 years ago

Select the answer that best describes opportunity cost:

Business

2 answers:

Lapatulllka [165]3 years ago

5 0

The best option that describes opportunity cost is:

C. What you gain as a result of choosing one option versus another; a benefit.

Opportunity cost is defined as the loss of a potential gain from another alternative being chosen. The best option is C, because it mentions what you gain and benefit from chosing something over another. Most people have opportunity costs in their life daily, but do not realize that they are constantly making these types of decisions.

Zanzabum3 years ago

4 0

(C. What you gain as a result of choosing one option versus another; a benefit.)
It would be C, because if it's an opportunity then that means it's going to benefit you, your gaining a resource in your business.

You might be interested in

Marc and michelle are married and earned salaries this year of $70,400 and $14,400, respectively. In addition to their salaries,

Fiesta28 [93]

Answer:

Since we are not given any specific year, I will use the 2020 tax schedule:

Marc and Michelle's gross income = Marc's and Michelle's salaries + interest from corporate bonds = $70,400 + $14,400 + $1,300 = $86,100

they should choose the standard deduction since it is higher than their itemized deductions = ($24,400)

<u>contribution to IRA = ($3,300)</u>

Marc and Michelle's taxable income = $58,400

Marc and Michelle's tax liability = $1,975 + [12% x ($58,400 - $19,750)] = $6,613

Alimony payments are not longer tax deductible and interests on municipal bonds is not taxable.

Since their income tax withholdings exceed their tax liability, they should get a refund for $6,665 - $6,613 = $52

Also, since they are allowed a $2,000 child tax credit, but they do not owe any more taxes, they are entitled to a $1,400 refund.

Total refund for 2020 = $1,452.

5 0

3 years ago

A registered investment adviser often recommends real estate limited partnership investments to her wealthy clients. The RIA's p

Levart [38]

Answer:

B.Her actions are inconsistent with the advice being given to her clients and this must be disclosed

Explanation:

A registered investment adviser often recommends real estate limited partnership investments to her wealthy clients. The RIA's personal financial statement and income are consistent with those of her wealthy clients, yet she never buys limited partnership units for her personal account. Which statement is TRUE

A real estate limited partnership (RELP) is a group of investors who pool their financial resources to invest in property purchasing, development, or leasing. Under its limited partnership status, This form of partnership has a general partner who bears full liability and limited partners who are predispose only up to the amount they contribute

The registered investment adviser does not practice what she teaches. She might just be in the profession for the money. She might also understand the risk associated with the real estate limited partnership investments and hence would want to be risk averse herself. she should let her clients know the nitty gritty of the partnership and put a disclaimer across to them

4 0

3 years ago

The parameters of nonlinear models have exponents _____.

9966 [12]

Answer:

b. other than 1

Explanation:

Nonlinear models are called that way because they are not linear in parameters. In order for this nonlinear characteristic to exist, the exponents of the parameters must be any number other than 1.

While linear models can have a nonlinear relationship between the predictors and independent variables. But when you analyze the mean (predictor), it must be linear with the parameters.

4 0

3 years ago

Identify five entrepreneurial qualities that have contributed to the success of his/her business .justify your answer

statuscvo [17]

The entrepreneurial qualities that helps any businessman to be successful in his or her business are as follows:

1) The quality of goods and services should be maintained.

2) The information regarding the product needs to be disseminated to the public.

3) Finance and funding should be taken care of to avoid illegal profits and bankruptcy.

4) True and fair means of practices should be followed.

5) The entrepreneur should be accountable and responsible for the services provided by him.

5 0

3 years ago

What is the process of researching or studying a concept?

Zolol [24]

Learning.
Or at least I believe so. Are there multiple choice?

4 0

3 years ago