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Assoli18 [71]
3 years ago
8

The value of the best alternative activity that is forgone is known as the:a.marginal cost.b.marginal benefit.c.explicit cost.d.

opportunity cost.
Business
1 answer:
jeka943 years ago
4 0

Answer:

d.opportunity cost.

Explanation:

Opportunity cost is the cost of choosing some alternatives over the other alternatives.

It is the benefit that is sacrificing from choosing the best alternative among the available alternatives.  

The formula to compute the opportunity cost  

Opportunity cost = Not choose alternative - choose alternative

The example is an implicit cost

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Fees charge = 2%
Investment worth = $500,000
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The amount Andrew will receive as compensation is $10,000.
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3 years ago
How much of the federal government's income comes from individual income tax? (1 point)
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3 years ago
Vanessa bought a house for $268,500. She has a 30 year mortgage with a fixed rate of 6.25%. Vanessaâs monthly payments are $1,59
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Answer:

Ans. A) $9,314.45

Explanation:

Hi, first we have to bring to present value the monthly payments to be made for 30 years (360 months). In order for this to be useful, we have to convert this annua compounded monthly rate (6.25%) to an effective rate, that is 6.25% / 12 = 0.5208%. Now, when we find this present value, we are going to substract it from the price of the house and that is the value of the down payment. But let´s just go ahead and do it together.

We have to use this formula to bring to present value the $1,595.85 monthly payments, for 30 years (360 months) at a rate of 6.25% (0.5208% monthly).

PresentValue=\frac{A((1+r)^{n}-1) }{r(1+r)^{n} }

It should look like this

PresentValue=\frac{1,595.85((1+ 0.005208 )^{360}-1) }{0.005208(1+0.005208)^{360} }

Present Value=259,185.55

Now, let´s go ahead and find the down payment.

DownPayment=Price-PresentValue

DownPayment=268,500-259,185.55= 9,314.45

So, the answer is a). $9,314.45

Best of luck.

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3 years ago
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Answer:

Letter d is correct. <u>Coping behavior.</u>

Explanation:

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Therefore coping behavior is a process that an individual finds to manage stressful situations that can cause some type of anxiety.

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