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scoray [572]
3 years ago
6

Malik has two options this weekend. He could work at his job and earn $9 per hour for three hours, or he could got o a show at t

he theater for that three hours. A ticket to the theater costs $30. What is the opportunity cost of going to the theater?
A. $27
B. $57
C. $47
D. $90
Business
1 answer:
Igoryamba3 years ago
8 0

Answer:

B. $57

Explanation:

The computation of the opportunity cost of the theater shown below:

= Earning per hour × number of hours + cost of the theater ticket

= $9 × 3 hours + $30

= $27 + $30

= $57

To find the opportunity cost we considered the total earnings and the cost of the theater tickets so that the accurate cost of the theater could come.

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Answer:

Date       Accounts Titles                Debit         Credit

Dec-31    Salaries expense              $2,300  

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Dec-31    Depreciation expense     $200

               (Furniture )

                      Accumulated depreciation        $200

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Dec-31    Insurance expense          $450

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Dec-31    Supplies expense             $80

                        Supplies                                   $80

7 0
3 years ago
22. Which one of the following is correct regarding the utilization of a good without an alternative use?
photoshop1234 [79]

Answer:

it's 2 opportunity cost will increase

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8 0
1 year ago
In order to communicate clearly with a resident who has hearing loss, the resident assistant should:
Tom [10]
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Answer:

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The balance sheet identifies the productive resources (assets) that a firm uses to generate income, as well as the sources of fu
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Answer:

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