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AnnyKZ [126]
3 years ago
6

The term "opportunity cost" is best defined as:

Business
1 answer:
Wittaler [7]3 years ago
8 0

Answer:

4. the benefit associated with a rejected alternative when making a choice.

Explanation:

Opportunity costs refer to the foregone benefit as a result of choosing one option over the another. It is the value of the missed best alternative. For example, with $100, one can either watch a movie or have a meal. If having a meal is chosen, the joy derived from watching the movie is the opportunity cost.

Opportunity cost is occasioned by the scarcity of resources, including time. Individuals and firms have to make economic choices every day. The sacrificed benefit in every decision is the opportunity cost.

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Jeff and Ryan rent a house from Mike and Yolanda Reynolds. They are three months behind in their rent and neighbors have been co
Nady [450]

Answer:

C) Yes, Yolanda is correct. It is illegal for Mike to take such actions. The landlords may serve the tenants with a three-day notice of eviction.

Explanation:

Eviction processes can be relatively simple, by just sending an eviction notice and the tenants voluntarily leaving the property, or they can be very messy and end up in court. But in no case, can the landlord just get into the property and kick the tenants out.

The length of the eviction process also varies depending on the cause, in this case since the tenants already we more than 3 months of rent tht is more than sufficient cause.

If after the 3 day notice Jeff and Ryan still haven't left, then Yolanda and Mike will have to start an eviction lawsuit that usually takes a few weeks (its a speedy process). Since Yolanda and Mike have a reasonable cause for evicting the tenants, the court will probably order and immediate eviction (or maybe give them a week or so).

Then if Jeff and Mike still stay on the property things get messy and the police should force them out.  

5 0
3 years ago
Benji works for a private firm that has been contracted to examine the books of accounts of the sanborn corporation. after she h
Lorico [155]
I would say that the work that Benji conducted on the books of the Sanborn Corporation would be classified as a financial audit because she checked their figures, examined their accounting procedures and prepared a report so this would qualify as an audit. 
5 0
4 years ago
The size and cut of a diamond allows people looking at a ring to roughly estimate its cost and make a judgment about the wearer'
Sholpan [36]

The answer is the Status symbol.

A status symbol is typically an object meant to symbolize the high social and financial position of its owner.

Status symbols frequently vary as a culture and its ideals evolve.

Different status symbols may also be dictated by one's line of work, and some uniform designs may be interpreted as status symbols.

Status symbols in capitalist society are frequently connected to material prosperity. Status symbols might alter depending on where they are used.

For instance, a physical scar may signify honor or bravery in cultures where warriors are revered, becoming a status symbol.

Hence, in the given scenario where the size and cut of a diamond allow people looking at a ring to roughly estimate its cost and make a judgment about the wearer's economic status. A diamond is a status symbol.

Learn more about capitalist society:

brainly.com/question/10441842

#SPJ4

5 0
2 years ago
Responsible boaters use cleaning products that won't harm lakes or rivers. which product is a responsible choice for cleaning yo
Stella [2.4K]
Keeping the boat you are riding clean is the most fundamental responsibility to do in order to maintain the structure and efficiency of the watercraft. In addition, its hull is at most important to be cleaned using detergents. Among this type of detergent that is commonly used in cleaning would be a non-phosphate detergent.
5 0
3 years ago
Read 2 more answers
InSeason Inc. started a chain of organic supermarkets that had initial success. The managers achieved a mastery of the firm's cu
Hitman42 [59]

Answer: Resistance to change

Explanation: In the given case the managers of Inseason inc. made the focus on short term goals rather than the long term. The manager in the given case did not took proper actions to continue the firm with large scale operations.

The managers was resisting the change due to the risk factor that it might not lead to benefit and the continuous success that the entity is making might stop.

Thus, the correct option is A.

4 0
3 years ago
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