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GrogVix [38]
3 years ago
7

Alexandra wants to play soccer & also work at McDonald's. She cannot do both so she decides to play soccer. What is her oppo

rtunity cost?
Business
1 answer:
Tanya [424]3 years ago
4 0

Answer:

Opportunity cost is giving up the working at Mc Donald's

Explanation:

Opportunity cost is the term which is stated as the profit, value of something or the benefit which is given up for something in order to acquire or accomplish something else.

In this case, Alexandra wants to work at Mc D and play soccer. So, she decided to play soccer. Therefore, the opportunity cost is working at Mc Donald in order to play.

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Demand for earbuds is represented by: P = 402 – 2Q The costs are $8 per set of earbuds. In order to stock earbuds, other items w
Mkey [24]

Answer:

Q is 98

Explanation:

Marginal (average) cost (including opportunity cost) = $8 + $2 = $10

Profit is maximized when MR = MC = 10.

P = 402 - 2Q

Total revenue (TR) = P x Q = 402Q - 2Q^2

MR = dTR/dQ = 402 - 4Q

Equating with MC,

402 - 4Q = 10

4Q = 392

Q = 98

7 0
2 years ago
In 2017, Blake purchased a new home. In addition to the purchase price of $200,000, he paid $700 in legal fees and $2,000 in rec
slavikrds [6]

Answer:

$207,700

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Since the deck that Blake added to his home is considered an improvement that is permanent and increases the home's value, it will also increase the home's basis = $202,700 + $5,000 = $207,700

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3 years ago
Why do people need to buy and sell products or services? people need to provide the market with goods and services. people need
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Being self sufficient means that one is able to supply one's own or its own needs without external assistance which in an individual case is impossible, everyone needs to rely for some service or something on others, and other people rely on someone too for a specific service this is how a society works.

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