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Alik [6]
3 years ago
6

Elda is a recent fashion graduate. She started her own apparel store with an investment of $300,000. In the first year she made

a profit of $60,000. If she had taken up a job as a fashion editor for a magazine, she would have earned $50,000 as salary per year. Also, she could have invested her capital, $300,000, in treasury bonds and earned an interest of $12,000. Thus, the amount $62,000 ($50,000 + $12,000) would be Genevieve's:______
A. Social cost.
B. Break-even price.
C. Reservation price.
D. Opportunity cost.
Business
1 answer:
ASHA 777 [7]3 years ago
6 0

Answer:

D. Opportunity cost.

Explanation:

Since she could have taken a job and would have earned $62,000, this represents opportunity cost, lost due to the decision of starting her own apparel store. Opportunity cost is the cost of foregone alternative. Therefore, if there are two alternative X and Y, and alternative Y has a benefit of $M, then by choosing alternative X, the decision-maker is giving up a benefit equal to $M, which is the opportunity cost associated with choosing alternative X over alternative Y.

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Sunland company installs a new parking lot. The paving cost $30,000 and the lights to illuminate the new parking area cost $12,0
padilas [110]

Answer:

D. $42,000 should be debited to Land Improvements

Explanation:

The cost of the land housing the parking is recorded in the land account. Other costs such as paving cost and lights are improvements and as such are added and recorded in the Land Improvements accounts.

Total Land improvements = $30,000 + $12,000

= $42,000

The right answer is D. $42,000 should be debited to Land Improvements.

4 0
3 years ago
Allocation of resources is inefficient only if:________
weqwewe [10]

Answer:

<em><u> we produce the goods and services that  people value less</u></em>

<em><u>Explanation:</u></em>

<em><u>Remember, </u></em> an inefficient activity is one that<em> fails</em> to achieve maximum productivity with minimum wasted effort.

Let's take for example a mobile producer (manufacturer) decides to allocate its resorces into producing<em> laptops.</em> However, it later determined that the allocated resources were inefficient since most consumers according to a  survey now prefer <em>tablet</em> <em>computers. </em>The company received low sales volume as result.

6 0
3 years ago
g You currently hold an inflation-indexed bond, which pays out real coupons of 10% per year, starting one year from now. The bon
Allushta [10]

Answer:

$618 dollars

Explanation:

The beginning face value will be our starting position: $600

Then, we have a 2 percent increase over the next three years

this makes for a principal at maturity of:

600 x (1 + 2% x 3 years ) = $618

This makes each coupon return in coins to also increase over time as, they are calcualted based on the adjusted face vale. This method iguarantee the 10% return on the bond regardless of inflation during the period.

3 0
3 years ago
When two or more nonunion employees act together to try to improve working conditions, or when a single employee approaches mana
sashaice [31]

Answer:

Protected Concerted Activity

Explanation:

Protected concerted Activity is a legitimate term utilized in labor approach to characterize representative security against manager counter in the United States. It is a legitimate standard under the subject of the opportunity of affiliation. The term characterizes the exercises laborers may participate in unafraid of boss reprisal. In nations where there is generally vigorous worker rejection insurance

The insurance of ensured purposeful action is to a lesser extent a particular lawful issue. In liberal market social orders like the United States, where it is relatively simple for a business to terminate a representative, the issue of ensured coordinated movement has become a significant work assurance.

7 0
3 years ago
Seng is a single mother struggling to raise her family with a low income. In 2006, the Pension Protection Act was passed. This a
elena55 [62]

Answer:

d. doesn’t have an employer-sponsored pension or retirement plan.

Explanation:

The Pension Protection Act provides for the benefit of employees, which is through their own and employer contributions.

This is a policy to provide benefit at times when the person turns old or is not physically fit to perform any job and this, provides pension in terms of money.

Here, if Seng being a single mother is not eligible for this, means that she did not had any employer who could sponsor her for such plan.

As this pension plan had to be sponsored by the employer Seng might did not had any employer.

4 0
3 years ago
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