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3 years ago

The opportunity cost of a choice is the _____ of the opportunities lost.a. Valueb. Interest

Business

1 answer:

vlada-n [284]3 years ago

5 0

Answer:

value

Explanation:

Opportunity cost or implicit is the value of the option forgone when one alternative is chosen over other alternatives.

For example, if I leave by job where i earn $100,000 per year to study economics in college. My opportunity cost is $100,000. This is the amount i would have been earning if i didn't go to college

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Amanda's Interior Design has credit sales of $783,000, costs of goods sold of $418,000, and average accounts receivable of $107,

posledela

Answer:

The 50.30 days are required to take its credit customers to pay for their purchases.

Explanation:

For computing the average collection period, we have to use the formula of the average collection period.

Average collection period = Average accounts receivable ÷ Credit sales × total number of days in a year

= $107,900 ÷ $783,000 × 365

= 0.13780 × 365

= 50.30 days

We assume 365 days in a year

The cost of goods sold is irrelevant. Thus, it is not considered in the computation part.

Hence, 50.30 days are required to take its credit customers to pay for their purchases.

5 0

3 years ago

When a company chooses to market a product in certain parts of the country but not in others because consumer preferences of one

dexar [7]

When a company chooses to market a product in certain parts of the country but not in others because consumer preferences of one region differ from another region, it is known as geographic segmentation.

<h3>What are consumer preferences?</h3>

The products or commodities, which are demanded by consumers in a specific quantity at a given price due to the utility it brings to an individual consumer, is known as a consumer preference.

Hence, option A holds true regarding consumer preference.

Learn more about consumer preferences here:

brainly.com/question/3129917

#SPJ1

6 0

2 years ago

Refer to the diagrams. The numbers in parentheses after the AD1, AD2, and AD3 labels indicate the levels of investment spending

FrozenT [24]

Answer:

Decrease the money supply from $120 to $100

Explanation:

If the monetary authorities reduces aggregate demand from AD3 to AD2, money supply decreases from $120 to $100. This decrease will cause a decrease in consumer spending. There will be a reduction of price levels and real output.

This is also called contractionary monetary policy and it causes interest rate to be higher there by reducing investments.

4 0

4 years ago

Read 2 more answers

A company launched four new products. The market price, in dollars, of the four products after different number of years is show

iragen [17]

anonymous 2 years agoA company launched four new products. The market price, in dollars, of the four products after different number of years is shown below: The price of which product will eventually exceed all others?

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3 years ago

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The last department in a production process shows the following information at the end of the period: Units Beginning Work in Pr

Drupady [299]

Answer:

goojnb

Explanation:

fbbkkknb. ..kkjbbvfffdbhvbbnnmmjjhbbbhhhhhhhvvbnmm

8 0

3 years ago