1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
svetlana [45]
3 years ago
8

Understanding opportunity cost before you started applying for college, a job recruiter offered you a full-time cashier position

at a doctor’s office, earning an after-tax salary of $22,000 per year. However, you turn down this offer and attend your first year of college. The additional monetary cost of college to you, including tuition, supplies, and additional housing expenses, is $34,000. You decide to go to college probably because?
A. You value a year of college at $22,000
B. You value a year id college of $34,000
C. You value a year of college less than $34,000
D. You value a year of college at more than $56,000
Business
1 answer:
natta225 [31]3 years ago
3 0

Answer: You decide to go to college probably because<em><u>"You value a year of college at more than $56,000"</u></em>

<em><u>Opportunity costs are the benefits an respective individual, leaves while determining to pick one alternative over another. </u></em>

So, you will attend college if you perceive value of attending college more than  ($22,000 + $34,000)= $56,000

You might be interested in
During the recession witnessed in early 2001, many firms laid off their employees and downsized. the reason for this decrease in
nevsk [136]
<span>During the recession witnessed in early 2001, many firms laid off their employees and downsized. The reason for the downsizing of employees from these firms in 2001 was the incompetency and poor performance of the employees. It may sound mean but to the company, this is advantageous since they can reduce the costing while at the same time maintain or increase the final goods.</span>
4 0
3 years ago
___ is the process of examining, documenting, and assessing the security posture of an organization’s information technology and
pychu [463]

Answer:

The correct answer is letter "A": Risk identification.

Explanation:

Risk identification is one of the steps used in the risk management process. Risks are determined through the measurement of the parameters that define them, the size of the loss or possible damage, and the possibility that the loss or damage eventually takes place.

5 0
3 years ago
Sherman Peabody earns a monthly salary of ​$1,500​, which he receives at the beginning of each month. He spends the entire a
ale4655 [162]

Answer: A. maximizes the profits from money management.

Explanation:

The optimal average level of money is indeed the amount that maximises profit from money management.

Money management is essentially taking charge of your money and ensuring that you manage it in such a way as to limit unnecessary expenses whilst growing money through measures such as budgeting, investing and expenses tracking.

With Mr Peabody's income and other financial constraints, the optimal average level of money will be the most he can maximise from managing his money.

6 0
4 years ago
_____ is the amount of information a communication medium can carry and the extent to which the medium enables the sender and re
asambeis [7]

Answer:

Information richness.

Explanation:

<u>Information richness</u> is the amount of information a communication medium can carry and the extent to which the medium enables the sender and receiver to reach a common understanding. This is the correct answer to your question.

Hope this helps!!!

Kyle.

8 0
3 years ago
Considerable research has documented that in many product categories, consumers are unable to distinguish among brands when give
kirill115 [55]

Answer:

brand loyalty

Explanation:

Brand loyalty: The term "brand loyalty" is determined as the propensity of specific consumers to "continuously purchase" a particular brand's products over some other brand's products. However, a specific consumer's behavioral patterns are responsible for demonstrating that he or she will continue to purchase products from the same company that has been fostered a "trusting relationship".

In the question above, the given statement represents brand loyalty.

5 0
3 years ago
Other questions:
  • Maynard Inc. preferred stock pays an annual dividend of $7 per share. Which of the following statements is true for an investor
    11·1 answer
  • Now suppose firm x undertakes a process innovation that reduces its marginal cost of production from $20 to $15. the fixed cost
    5·1 answer
  • The Supply/Demand equilibrium price is __________ with an equilibrium quantity of _________. PRICE Column 1 Quantity Column 2 Qu
    12·1 answer
  • Pittsburg Resources acquired a coal mine for $6,000,000. The company’s survey estimates that 120,000 tons of coal can be extract
    12·1 answer
  • Tucker's National Distributing has a current market value of equity of $32,400. Currently, the firm has excess cash of $2,100, t
    7·1 answer
  • Belltone Company made the following expenditures related to its 10-year-old manufacturing facility: 1. The heating system was re
    6·1 answer
  • Assume the spot exchange rate for the Hungarian forint is 267.767 HUF. Also assume the inflation rate in the United States is 1.
    10·1 answer
  • How effective do you think ads are in facilitating need recognition? Explain.
    13·1 answer
  • Dreary Credit Agency processes credit applications. The labor standard at Dreary is $15 per hour, 8 hours per day (per employee)
    8·1 answer
  • The middle sale when sales for a given period of time are arranged in order of their increasing value is the:__.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!