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Vsevolod [243]
3 years ago
11

Lois promised to take her nephew to the zoo on Tuesday afternoon. On Tuesday, her boss hands her a new project, due by the end o

f the day. Which of these is an opportunity cost of Lois using Tuesday to work on her project?
a. She and her nephew enjoy an afternoon at the zoo.
b. Her project will be late.
c. She could lose her job.
d. She will save the cost of two zoo tickets.
Business
2 answers:
tia_tia [17]3 years ago
8 0

Answer:

Best answer a. She and her nephew enjoy an afternoon at the zoo.

Explanation:

LenKa [72]3 years ago
6 0

Answer:

A) She and her nephew enjoy an afternoon at the zoo.

Explanation:

An opportunity cost are the extra costs incurred or benefits lost from choosing one activity or investment from another alternative.

In this case, Lois has to choose between taking her nephew to the zoo or working on the new project.

If she takes her nephew to the zoo, her opportunity cost will be not being able to work in the new project.

If she decides to work on the new project, her opportunity cost will be not being able to go to the zoo.

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As a new leader you have decided to apply the path-goal theory in managing your staff. one of the two important personal charact
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A subordinate should have the ability to manage the organization's workforce as a leader. The subordinates' impression of their talents is an important personal quality.

<h3>What is the path-goal leadership theory?</h3>

According to the path-goal theory, a leader's conduct is influenced by their employees' satisfaction, motivation, and performance. The manager's task is considered as improving employees ’ performance in choosing the best pathways to achieve both their own and the company's goal.

  • Inclusive leaders,
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As a result, the two most important personal characteristics of subordinates in the theory. for example locus of control and abilities perception.

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6 0
2 years ago
Berry Co. purchases a patent on January 1, 2021, for $33,000 and the patent has an expected useful life of five years with no re
Ghella [55]

Answer:

The correct answer is C.

Explanation:

Giving the following information:

Berry Co. purchases a patent on January 1, 2021, for $33,000 and the patent has an expected useful life of five years with no residual value.

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= 33,000/5= $6,600

4 0
3 years ago
The Vitamin Shoppe sells natural vitamins and supplements. Product prices are adjusted frequently to meet the needs of individua
Anna11 [10]

Answer:

Dynamic Pricing

Explanation:

Dynamic pricing is the price set to reflect the changes in environment factors and factors that are included in the company's corporate policies. In the above scenario, the company has set a different price in different scenario. The normal customer who visits the store fewer times are not given any discounts however the permanent customer is given discount. This is because of the changes in customer loyalty factor. The company is charging different in different scenarios which means it is pursuing Dynamic Pricing strategy.

6 0
3 years ago
According to your book, a group of six people waiting at a bus stop constitutes a group.
Arte-miy333 [17]
We need the book to see what's happening
3 0
3 years ago
Match the following:
asambeis [7]

Explanation:

1. If butter complements margarine for instance, and there occurs a sudden increase in the price of butter leading to lower demand, this would affect the demand for margarine negatively leading to a fall in the demand for margarine.

2. If this goods are substitutes the demand for butter will increase when the price of margarine rises.

This is because it is only natural for people to switch to the next best alternative (substitute) that fills the same purpose or needs.

3. Remember Ice cream and ice cream cones complementary goods; meaning the demand for one increases the demand for the other and vice versa.

4. If the price of ice cream increases, demand would also decrease for ice cream as consumers are usually sensitive to price.

This decrease in the demand for ice cream would also affect ice cream cones since they complement each other, leading to a decrease in the demand for ice cream cones.

5 0
3 years ago
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