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Karolina [17]
3 years ago
9

1. Understanding opportunity costYou work as an assistant coach on the university basketball team and earn $15 per hour. One day

, you decide to skip the hour-long practice and, instead, go to the local carnival, which has an admission fee of $9.The total cost (valued in dollars) of skipping practice and going to the carnival (including the opportunity cost of time) is .A.$6 B.$9 C.$15 D.$24
Business
1 answer:
Gwar [14]3 years ago
6 0

Answer:

The correct answer is letter "D": $24.

Explanation:

Opportunity cost can be defined as the cost of the best next available option after taking another decision in regards to a situation. It is also the return that the chosen option provides compared to the return that could have provided the option that was forgone.

In this case, choosing to go to the local carnival will represent losing one hour of working as a coach assistant ($15). Besides, as there is a $9 admission fee to the carnival, you will need to spend that money. Thus, the total opportunity cost of going to the carnival instead of working is $24 (<em>$15+$9=$24</em>).

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Answer:

A.

Explanation:

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Ber [7]

Answer:

Macbeth claimed that he had found the guards covered in the blood of King Duncan.

Explanation:

He further used this to explain how the sight drove him to a point of extreme grief and being so distraught he was overcome with the need to avenge the murder of his King. Using this false story, Macbeth was successful in diverting any suspicion from him without the need of potential suspects -meaning there would be no one to argue or prove their innocence if whoever was blamed for it was no longer living.

<h3>Hope this helps!</h3>
5 0
3 years ago
Mr. Wise is retiring In 25 years He would like to accumulate $1,000.000 for his retirement fund by then He plans make equal mont
Montano1993 [528]

Answer:

$532.24

Explanation:

Since Mr. Wise will be making monthly payments for the period of 25 years in order to accumulated the $1,000,000 at the end of 25 years, therefore, the future value of annuity shall be used to determine the monthly payments to be deposited by Mr Wise. The formula of future value of annuity is given as follows:

Future value of annuity=R[((1+i)^n-1)/i]

In the given scenario:

Future value of annuity=amount after 25 years=$1,000.000

R=monthly payments to be deposited by Mr Wise=?

i=interest rate per month=12/12=1%

n=number of payments involved=25*12=300

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Patagonia donates at least 1% of profits to support environmental causes. There products are also produced under safe, fair, leg
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Corporate social responsibility occurs when organizations contribute to societal goals by supporting practices that are ethically oriented and have a positive effect on the economy.

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