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slamgirl [31]
3 years ago
11

Here are three things you could do if you do not attend your economics class, watch television with some friends, read a good no

vel, or go in to work. The opportunity cost of going to your economics class is:________.
a. $20, because this is the only alternative of the three where you actually receive a monetary payment.b. $13, because this is the lowest valued alternative forfeited.c. $25, because this is the highest valued alternative forfeited.d. $58, because this is the total dollar sum of the alternatives forfeited.
Business
1 answer:
mezya [45]3 years ago
8 0

Answer:

.c. $25, because this is the highest valued alternative forfeited

Explanation:

Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.

If I attend my economics class, the $25 I would be missing out on is the opportunity cost because it is the highest valued alternative (which indicates that it is the next best option) I forfeited.

I hope my answer helps you

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_________was established by the Better Business Bureau to evaluate ads directed at children based on guidelines that encourage s
Phantasy [73]

Answer: The Children's Advertising Review Unit.

Explanation:

The Children’s Advertising Review Unit or CARU was established in 1974 as an independent self-regulatory agency. Its function is to regulate publicity in the media so can be suitable for children under 12 years of age.

CARU regulate television, radio, print media, and virtual media, so the advertising directed at children under the age of twelve is not misleading, immoral, and is consistent with the child's cognitive ability.

<em>I hope this information can help you.</em>

4 0
3 years ago
Economist robert reich advocates that the outsourcing of productive activities to different suppliers results in the creation of
Digiron [165]

The creation of "Worldwide Products"—items with a global focus—results from the outsourcing of productive tasks to various providers.

<h3>What are Worldwide Products?</h3>

The aggregate gross national income of all the nations in the globe is known as the gross world product (GWP).Because imports and exports are exactly balanced when looking at the entire planet, this also equals the total global GDP. The nominal GWP in 2013 was around 75.59 trillion US dollars, according to the World Bank. The GWP was around $80.27 trillion in nominal terms and was over 127.8 trillion international dollars in terms of purchasing power parity in 2017, according to the CIA's World Factbook (PPP).

To learn more about Worldwide Products from the given link:

brainly.com/question/15283031

#SPJ4

6 0
2 years ago
Perhaps the greatest risk for a company that chooses to pursue an integrated low cost/differentiation strategy is that it will
Amiraneli [1.4K]

The greatest risk of a low-cost provider strategy is getting lost with overly high price reduction and ending up with lower profit.

<h3>Low-cost / low-price advantage </h3>

It results in high profit only if;

  • (1) prices are reduced by less than the size of the cost advantage or
  • (2) the added volume is large enough to bring in a bigger total profit despite lower margins per unit sold.

Therefore, the greatest risk is a low profit.

learn more on low cost strategy from here: brainly.com/question/5516605

6 0
2 years ago
Pizza Express Inc. began the 2016 accounting period with $2,500 cash, $1,400 of common stock, and $1,100 of retained earnings. P
sweet-ann [11.9K]

Answer:

Answer is explained in the explanation section below.

Explanation:

Part A: In part a, we are required to show the effects on the financial statements using horizontal statements model.

For that, we need to tabulate the entries properly. So, it cannot be done be done here in the typing section. So, I m putting it into the attachments. Please refer to the attachment for the part a solution.

Part B:

Reason of the difference:

Cash revenue is $8650 but cash flow amount is $9600

Total operating expense incurred is $3350 but the amount paid only $2700

It will create $650 difference income statement and cash flow.

These activities are reasons for the differences between cash flow from the operating activity and net income.

8 0
3 years ago
While waiting in line to buy two tacos at 80 cents each and a medium drink for 90 cents, Jordan notices that the restaurant has
marysya [2.9K]

Answer:

(B). 50 cents

Explanation:

<u>Marginal cost</u><u> is the cost incurred by producing or purchasing one more unit of an item.</u>

If Jordan buys two tacos and a medium drink, it will cost him $2 and 50 cents or 250 cents (80 + 80 + 90).

However, if he opts for the value meal of three tacos and a medium drink, that costs $3 (300 cents), then he would be purchasing one additional taco at a marginal cost of 50 cent.

Marginal cost of additional unit of taco = 300 cents - 250 cents = 50 cents.

4 0
3 years ago
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