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3 years ago

_____ refer to all of the opportunity costs of using resources that belong to the firm.

Business

1 answer:

never [62]3 years ago

4 0

Answer: Implicit costs

Explanation: Implicit costs is a form of opportunity costs that is based on resources that is already owned by the firm. They are implicit because the firm already owns them. They form part of opportunity costs because the firm needs to decide how to use them, thus losing out on other ways the firm could have used these resources. It is thus based on internal resources already owned instead of still needing to choose between alternatives to spend on resources externally.

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Executives who make assumptions about what an adversary can and cannot do put their organization's performance in jeopardy. Grou

ehidna [41]

Answer:

The statement is: False.

Explanation:

Managers must make decisions based on facts and support data -such as the accounting books of the company- since those sources provide objective information on what is happening in regards to the organization. Even if they might be allowed to follow their instinct in taking risky investment decisions, a study must be made before taking a step forward to analyze what the best output could be.

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3 years ago

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QS 4-15 Computing and analyzing gross margin ratio LO A2 Carrier Lennox Trane York Sales $ 150,000 $ 550,000 $ 38,700 $ 255,700

kogti [31]

Answer:

Maybe is you payed attention you would have knew the answer

Explanation:

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2 years ago

Suppose that the residents of Colgateville play golf incessantly. In fact, golf is the only thing they spend their money on. The

olchik [2.2K]

Answer:

CPI in 2020 =142.7

CPI in 2019 = 100

Inflation rate = 42.7%

Explanation:

Inflation is the increase in the general price level. Inflation erodes the value of money.

Consumer Price Index(CPI ): This is the weighted average price of a basket of goods and services consumed by a typical consumer. It is used to measure the rate of inflation.

The increase in the CPI is taken to be the rate of inflation. For example, the CPI rose to 1.09 from 1.00, this implies an inflation rate of 9% within the time period in focus.

The CPI =

The price of a basket of goods in a current year ÷ Divided by the price of a basket of goods in a base year

The consumer price

Value of basket of goods in 2019 = (1000× $2) + (100× $50) + ( 500× $0.10)= 7050

Value of basket of goods in 2020= (1000× $2.50) + (100× $75) + ( 500× $$0.12)=10,060

CPI in 2020 = 10,060/7050× 100 =142.7

CPI in 2019 = 100

CPI in 2020 =142.7

CPI in 2019 = 100

The inflation rate =(142.7/100-1 ) × 100 = 42.7%

Note , we assume the CPI for 2019 is 100, since we were not provided with data to compute the price of a basket of good in 2018

CPI in 2020 =142.7

CPI in 2019 = 100

Inflation rate = 42.7%

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2 years ago

The Federal Trade Commission (FTC) is a government agency that issues rules, orders, and decisions. The Georgia state legislatur

fomenos

Answer:

Explanation:

Administrative law is the body of law that controls all of the activities as well as the administrative agencies of a specific government. Administrative law includes the rules, orders, and decisions of the Federal Trade Commission. This branch of public law can also enforce certain regulatory agenda that has already been made.

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2 years ago