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
egoroff_w [7]
3 years ago
12

A group of college students start a dog-walking service. At the end of the first month, they meet to discuss their business perf

ormance. Which statement reveals sound economic thinking in their analysis? A. We were profitable, because our total costs exceeded our total revenues. B. In considering our costs, we need to include what we could have earned by working at part-time jobs instead. C. The ethics of dog ownership need to be evaluated before proceeding with our business. D. The only relevant consideration is the total of our explicit costs. E. We want to continue to maximize the number of utils we gain as a business.
Business
1 answer:
Daniel [21]3 years ago
5 0

Answer:

B. In considering our costs, we need to include what we could have earned by working at part-time jobs instead.

Explanation:

When the group of college students include, in their analysis of costs, what they could have earned by working at part-time jobs instead, they are including the opportunity cost.

The opportunity cost is what is given up to do something: the cost of not choosing an alternative.

Including opportunity costs in their cost-benefit analysis reveals sound economic thinking.

You might be interested in
Dani's denim sells blue jeans. in 2017, dani's specialized in selling moderately priced jeans with a 25% markup. in 2018, dani's
stira [4]

The markup percentage tells you how much money a business makes off each sale. If Dani is selling products with a higher mark up, this means she makes more money off each dollar of sales. In this case, you would expect Dani's profit margins to increase due to the increased markup percentage.

5 0
3 years ago
Read 2 more answers
According to the video, what do Security Guards commonly protect? Select all that apply.
dimaraw [331]

Answer: I think its C

Explanation: hey

8 0
3 years ago
Read 2 more answers
Sheridan Company used high-low data from June and July to determine its variable cost of $12 per unit. Additional information fo
Vinvika [58]

Answer:

See below

Explanation:

June 37,600 - 2,300 = 35,300

July 17,200 - 600 = 16,600

5 0
3 years ago
Explain the teams and conflict in organization
zzz [600]

\:  \:  \:  \:  \:  \:  \:

<h2><u>arise when there are disagreements over their goals, methods or needs of the team. </u></h2>

  • <u>So </u><u>w</u><u>hen </u><u>the </u><u>conflicts </u><u>are </u><u>in </u><u>between </u><u>the </u><u>team </u><u>members </u><u>they</u><u> arise, addressing these disagreements and coming to a mutual </u><u>understanding </u><u>it </u><u> allows everyone to collaborate harmoniously and productively.</u>

<h2><u>hope</u><u> it</u><u> helps</u></h2>
7 0
2 years ago
Which of the following exemplifies a benefit of good​ communication?
Katyanochek1 [597]

Answer:E- Earlier warning of potential problems.

Explanation:Benefits of a good communication are numerous and are listed below:

1- It gives clarity and direction.

2-Effective communication skills provide clear and defined policies. 3-Organizational communication helps organization to be successful. 4- Effective interpersonal communication skills such as listening skills, making eye contact gives boost to your personality.

5- It informs of earlier warnings of potential problems.

5 0
4 years ago
Other questions:
  • ________ are obstacles in which the design of organization structure, information processing, and reporting relationships, imped
    9·1 answer
  • At December 31, 2018, Moonlight Bay Resorts had the following deferred income tax items: Deferred tax asset of $54 million relat
    10·1 answer
  • The International Trade AdministrationA) provides aid to underdeveloped countries and has limited protection in support of "esse
    7·1 answer
  • Assume the perpetual inventory method is used. The company purchased $12,500 of merchandise on account under terms 2/10, n/30. T
    10·1 answer
  • A graduating high school student decides to take a year off and work to save money for college. The student plans to invest all
    10·1 answer
  • Currie Company borrowed $30,000 from the Sierra Bank by issuing a 9% three-year note. Currie agreed to repay the principal and i
    11·1 answer
  • What is the purpose of a cover letter?
    12·2 answers
  • Parking Reading Quiz
    5·1 answer
  • Southfield Company reached an agreement with its bank to transfer a piece of land with a historical cost of $500,000 and a fair
    9·1 answer
  • How to calculate direct labor
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!