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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.

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Answer:

The correct answer is letter "B": The firm be able to charge the low-value customers a lower price than the higher-value customers.

Explanation:

Price discrimination is the practice by which producers charge different prices to different consumers based on factors such as age, income or location to mention a few. This differentiation in prices is always justified by producers with one of those factors otherwise the approach would be considered illegal.

Direct price discrimination is carried out when the firm charges lower prices to an unfavored sector of the market keeping the regular price in sectors where income is higher.

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Answer:

The Break-even annual sales= $2,222,222.22

Explanation:

The break-even sales is the amount of revenue that a business must generate that would equate its total costs to total revenue. At the break even sales, the contribution is exactly to total iced cost, and the business makes no profit or loss

Contribution margin ratio = (20-5)/20=75%

Break-even (units) = Total general fixed cost /(selling price- variable cost)

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The Break-even annual sales= $2,222,222.22

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2 years ago

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Answer:

A IS THE ANSWER

Explanation:

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