Answer:
Opportunity costs = 42,000 + 14,000 + 21,000 + 9,000 = $86,000
Explanation:
Opportunity cost is the cost of doing the next alternative.
In this case the opportunity cost would be the profits she has forgone and the costs she incurred to run the florist shop. Personal expenses are not included as we assume apartment and bill costs would be payable regardless of any decision.
Opportunity Costs = Next alternative + Costs of being a florist
Opportunity costs = 42,000 + 14,000 + 21,000 + 9,000 = $86,000
If Jacinda were making profits, we would subtract them from the salary that she could have earned.
Hope that helps.
Answer:
The correct answer is D) product differentiation.
Explanation:
Product differentiation is a competitive strategy that aims to allow the consumer to perceive differently the product or service offered by a company, with respect to those of the competition.
Product differentiation can be based mainly on various attributes such as quality, color, size, after-sales service, specialized attention, location, brand recognition or luxury. But any attribute makes perceive a product or service differently is considered product differentiation.
It should be noted that the differentiation also has a subjective element since consumers can perceive that a certain brand is different from another based not on the comparison of objective characteristics but on the idea that they have made of the company and its image.
Answer:
New England produces Milk and Middle Colonies produces Barley is correct.
Explanation:
New England's opportunity cost of producing barley= 4/3 = 1.33 ton of milk
New England's opportunity cost of producing Milk = 3/4= 0.75 ton of barley.
Because New England has lower opportunity in the production of Milk .Therefore,it has the comparative advantage in the production of Milk. Hence, New england produces Milk.
Similarly, Middle Colonies's opportunity cost of producing Barley= 5/6= 0.83 ton of milk.
And Middle colonies opportunity cost of producing Milk= 6/5= 1.2 ton of barley.
Because Middle colonies opportunity cost in the production of Barley . Therefore, it has the comparative advantage in the production of Barley. Hence, Middle colonies produces Barley.
Hence,option(C) i.e New England produces Milk and Middle Colonies produces Barley is correct.
Answer:
Return on equity in 2017 is 12% while that of 2016 is 12.5%
Explanation:
The formula for return on equity is given as net income/equity.
The net income is $120000 for 2017 and $100000 for 2016.
Shareholders' average equity is 1000000 shares in 2017 and 800000 shares in 2016.
2017 2016
Return on equity 120000/1000000 100000/800000
Return on equity 0.12 0.125
The return on equity is 12.0% in 2017 and 12.5% in 2016.
From all indications, the issue of additional shares to the tune of $120000 lead to a reduction in return on equity in 2017 by 0.5%
