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Free_Kalibri [48]
3 years ago
6

College football attendance, especially student attendance, has been on the decline. In 2016, home attendance at major college f

ootball games declined for the sixth consecutive year and was the lowest since 2000. The opportunity cost of engaging in an activity is the value of the best alternative that must be given up to engage in that activity. Source: Jon Solomon, "College Football Attendance in 2016: Crowds Decline for Sixth Straight Year," cbssports.com, December 16, 2016 Your opportunity cost of attending a game compared with the opportunity cost facing a college student 10 years ago is
A. lower, because of social media.
B. higher, because more games are televised today.
C. lower, because games are usually viewed on high-definition television today.
D. higher, because the cost of cable TV is higher today.
Business
1 answer:
Nimfa-mama [501]3 years ago
6 0

Answer:

B) higher, because more games are televised today.

Explanation:

Opportunity costs are the cost of choosing one alternative from another.

In this case, when college students attend college football games they are unable to do other activities while they are at the stadium or going to the stadium. The cost of those alternatives that are lost are higher now because many college football games are televised. So a student is now able to watch the game while doing other activities.  

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_____________ - a term referring to the fact that for many goods, as the level of production increases, the average cost of prod
amm1812

Answer:

Economies of scale

Explanation:

As the production increases, the cost per unit of a single product type decreases.

7 0
4 years ago
All of the following are necessary to calculate the total purchase price for a municipal bond traded on a yield basis in the sec
ahrayia [7]

Answer: The response options are wrong, those that correspond according to what I found on the internet are:

All of the following are necessary to calculate the total purchase price for a Municipal bond traded on a yield basis in the secondary market EXCEPT:

A. Coupon rate

B. Yield to Maturity

C. Dated date

D. Trade date

<u>The correct answer is "C. Dated date".</u>

<u>Option "C" is correct because to calculate the price of a bond it is not necessary the day of issuance of the bond, is enough with its YIELD TO MATURITY, RATE CUPON AND YEARS TO MATURITY.</u>

7 0
3 years ago
GDP calculated via factor payments includes: a consumption, investment, and government. b wages, interest payments, rent, and pr
erica [24]

Answer:

b wages, interest payments, rent, and profits

Explanation:

The GDP refers to the Gross domestic product which reflects the finalized market value of the goods and services that are to be produced within the country

Plus According to the factor payments, the GDP are to be calculated based on wages, interest payments, rents, and profits and the same is to be considered while calculating the GDP

8 0
4 years ago
A firm is thinking about adding a product to its product line. What is the most likely outcome if the firm goes through with thi
Alinara [238K]

The <u>most likely outcome</u> when a firm is thinking about adding a product to its product line is D. The new product can be advertised alongside existing products

<h3>What is product advertising?</h3>

Product advertising:

  • Is a management effort geared towards creating a demand for a product.
  • Promotes consumer awareness.
  • Fosters consumer interest in the product.
  • Encourages consumers to make purchase decisions quickly as they see the product.

Thus, most likely, adding a product to the product line will help the new product to be advertised alongside existing ones.

Learn more about product advertising at brainly.com/question/1658517

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<h3>Question Completion with Answer Options:</h3>

A. It will be difficult to manufacture the product.

B. The company will have to work hard to build up the brand.

C. The new product is certain to be accepted by the market.

D. The new product can be advertised alongside existing products.

E. It will take a long time for customers to feel loyal to the product.

7 0
2 years ago
There are 2 methods of accounting for uncollectible receivables: Direct Write-Off and Allowance methods. Describe and compare th
Kruka [31]

The direct write off does not report about the bad debt and does not use the allowance where as the allowance method uses the allowance for doubtful accounts because it provides an estimate for the same.

<u>Explanation:</u>

The allowance method speaks to the accumulation and accrual basis of bookkeeping and is the acknowledged technique to record uncollectible records for monetary bookkeeping purposes. The direct write off method is utilized just when we choose a client won't pay.

The allowance method utilizes the stipend for doubtful records to catch amassed assessments of awful obligations. The direct write-off method does not report bad debt estimates; therefore, it does not use the allowance for doubtful accounts when reporting bad debts.

3 0
3 years ago
Read 2 more answers
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