Answer:
D) being unable to engage in all three of the above activities.
Explanation:
An opportunity cost is the cost (or lost benefit) of choosing one activity or investment over another. In this case, if the student decides to attend afternoon class, he/she will not be able to benefit from:
- taking a nap
- seeing a movie with a friend
- studying for next morning's test
So all the three activities represent the opportunity cost of attending afternoon class.
Answer:
Arbitrage
Explanation:
Arbitrage occurs when the same good sells for different prices at different market. This price difference allows market participants to earn riskless profit .
In this case, the generator is more expensive in South Carolina when compared with other places. Thus, in order to earn riskless profit, people would buy where it is cheaper and sell at South Carolina where it is more expensive.
Economic theory suggest that if this kind of buying continues, soon the prices would be the same in both markets .
I hope my answer helps you
Answer: Investing activities
Explanation:
The appropriate section in the statement of cash flows for reporting the purchase of equipment for cash is referred to as the investing activities.
The operating activities has to do with the reporting of cash payment for wages. The financing activities has to do with reporting issuance cash for the common stock.
3 i think is ( A ) 4th is ( C ) the 5th is ( A ) The 6th is ( B )
Answer:
$36
Explanation:
The contribution margin per unit is calculated by subtracting the variable cost per unit from the selling price.
Selling price is $60
Contribution margin per unit?
The total sales in dollar value are $15,000, The sales in units equal to
=$15,000 /60
=250 units
Total variable costs will include variable manufacturing cost plus variable selling and administrative costs
=$4000 + $2000
=$6000
variable cost per unit will be the total variable cost divide by units produced
=$6000/250
=$24
Contribution margin per unit = $60- $24
=$36
