To stay on campus or visit important places
Answer:
100 bed linens
Explanation:
Opportunity costs of South Korea:
- Computer chips = 100 chips / 12 hours of labor = 8.33 computer chips per hour of labor.
- Bed linens = 50 chips / 6 hours of labor = 8.33 bed linens per hour of labor.
Since both products require the same amount of labor hours (8.33 labor hours per unit), then the opportunity cost of producing 100 computer chips is 100 bed linens.
Opportunity costs are the extra costs or benefits lost from choosing one activity or investment over another alternative.
Answer:
$104,318.10
Explanation:
For computing the putting amount now i.e present value we have to applied the present value formula i.e to be shown in the attachment below:
Given that,
Future value = $580,000
Rate of interest = 10%
NPER = 18 years
PMT = $0
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after solving this, the present value is $104,318.10
If Ballard company reported assets of $500 and liabilities of $200, Ballard's stockholders' equity equals <u>$300</u>.
Liability is a time period in accounting that is used to explain any type of monetary duty that a commercial enterprise has to pay at the cease of an accounting period to someone or a commercial enterprise. Liabilities are settled with the aid of shifting economic blessings which include cash, items, or services.
Liabilities are any money owed to your enterprise, whether or not it's financial institution loans, mortgages, unpaid bills, IOUs, or some other amount of money that you owe someone else. if you've promised to pay a person an amount of cash within the future and have not paid them but, that is a liability.
Learn more about Liabilities here: brainly.com/question/17090843
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Answer:
b. The producer who gives up less of other goods to produce Good X has the smaller opportunity cost of producing Good X
Explanation:
<u>The opportunity cost is the cost of the best alternative.</u>
In this case, the producer uses factors (labor, raw materials, capital) to produce good X. His opportunity cost is the goods he would produce instead of good X.
A producer who gives up less of the other goods means his best alternative is lower than one who gives up more.
<em>For example</em>
if a producer can do
10 good X
or 50 of good Y
The opportunity cost for good X is 5 units of Y
if another producer can do
10 good X
or 20 of good Y
The opportunity cost of good X is 2 units of Y
For this second producer, it is more feasible to produce X than the first producer. It renounces to fewer unis of good Y
