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3 years ago

An example of opportunity cost:

Business

1 answer:

maria [59]3 years ago

8 0

Answer: b. Is the Chinese food that you gave up when you chose to eat Italian food.

Explanation: Opportunity cost refers to the cost of the next best alternative foregone or sacrificed. When an individual chooses to take a certain action, then his opportunity cost of doing that will be the alternatives that he has foregone.

IT can be expresses as,

$Opportunity cost = \frac{Units sacrificed}{Units Gained}$

When the individual chooses Chinese food when he could have choose to eat Italian food, his opportunity cost will be the Chinese food that you gave up.

For other options there is no information on what was given up.

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For its new Jeep Compass, Daimler Chrysler launched a campaign targeting young, hip consumers. To reach its target, Jeep’s adver

Vlad1618 [11]

Answer:

sender

Explanation:

Based on the information provided it can be said that Daimler Chrysler was the sender of the message in this communication process. This can be said because Daimler was the one who launched the campaign that was used to target these consumers and garner their interest towards the product they are selling.

4 0

3 years ago

You have been at fault in your sexond accident in 6 months. Your insurance company is going to increase your annual premium by 2

Flauer [41]

Answer:

$1,248

Explanation:

The current premiums are $975, which is equivalent to 100%. The new premium will increase by 28%.

New premiums will be $975% plus 28%, which is equal to 128% of $975

= $975 x 128/100

=$975 x 1.28

=$1,248

5 0

2 years ago

Read 2 more answers

What is an important part of taking meeting minutes?

Makovka662 [10]

An important part of taking meeting minutes is C. PAYING CLOSE AND CAREFUL ATTENTION.

A meeting minutes can be described as a log of chronological event within the meeting. It is a log wherein everything that happened during the meeting is noted. Like who led the meeting, the topics discussed, the questions raised and the answers given. It also records the plans for future discussions and resolutions reached during the meeting.

3 0

2 years ago

Which adjective best describes you at work? a.unique b.orderly

UkoKoshka [18]

Answer:

Explanation:

being unique can be good at work but making sure you're organized doing your job is vital.

5 0

2 years ago

Your boss has asked you to calculate the profitability ratios of Cold Goose Metal Works, Inc. and make comments on its second-ye

Alinara [238K]

Answer:

Gross Margin % 59.2% 53.8%

compares gross profit to sales revenue

Ne income Margin 32.0% 28.9%

compares net income to sales revenue

ROA return on assets 10.8% 12.3%

net earnings relative to the company’s total assets.

ROE return on equity 32.5% 23.1%

net income relative to stockholders’ equity,

Explanation:

Net Sales 3,810,000 3,000,000

Operating costs less depreciation/amortization 1,365,000 1,267,500

Depreciation and amortization 190,500 120,000

Total Operating Costs 1,555,500 1,387,500

Operating Income (or EBIT) 2,254,500 1,612,500

Less: Interest 225,450 169,313

Earnings before taxes (EBT) 2,029,050 1,443,187

Less: Taxes (40%) 821,620 577,275

Net Income 1,217,430 865,912

assets 11,277,600 7,050,000

Equity 3,750,000 3,750,000

Gross Margin % 59.2% 53.8%

compares gross profit to sales revenue

Ne income Margin 32.0% 28.9%

compares net income to sales revenue

ROA return on assets 10.8% 12.3%

net earnings relative to the company’s total assets.

ROE return on equity 32.5% 23.1%

net income relative to stockholders’ equity,

8 0

3 years ago