Ask question

Ask question

All categories

3 years ago

8

A person has a choice between an apple or an orange. The person chooses the apple. What is the opportunity cost of choosing the

apple?

1 answer:

Inessa [10]3 years ago

8 0

The opportunity cost would then be not having the orange.

You might be interested in

You enter into a forward contract to buy a 10-year, zero coupon bond that will be issued in one year. The face value of the bond

weqwewe [10]

Answer:

$498.94

Explanation:

1 year interest rate = 5%

11 year interest rate = 7%

10 year spot interest rate at end of 1 year = [{(1+0.07)^11 / (1+0.05)}^(0.1) - 1]

10 year spot interest rate at end of 1 year = [(2.104852/1.05)^0.1] - 1

10 year spot interest rate at end of 1 year = 1.07202083615 - 1

10 year spot interest rate at end of 1 year = 0.072021

10 year spot interest rate at end of 1 year = 7.202%

Face value = $1,000

Forward Price of contract = $1000/(1+0.0720)^10

Forward Price of contract = $1000/2.00423136

Forward Price of contract = 498.944392915

Forward Price of contract = $498.94

5 0

3 years ago

A company's product sells at $12.26 per unit and has a $5.39 per unit variable cost. The company's total fixed costs are $96,700

Delvig [45]

Answer:

$6.87

Explanation:

Calculation for what The contribution margin per unit is:

Selling price per unit $12.26

LessVariable cost per unit ($5.39)

Contribution margin per unit $ 6.87

($12.26-$5.39)

Therefore The contribution margin per unit is: $6.87

7 0

3 years ago

your debit card is stolen, and report it to your bank within two business days. how much money can you lose at most?

Rashid [163]

They have two business days to take what they want so the most they can take is all of it

8 0

3 years ago

Read 2 more answers

A company distributes a product that sells for $50 per unit. Variable expenses are $10 per unit, and fixed expenses total $15,00

Sidana [21]

Answer:

Income will increase by $20,000.

Explanation:

<u>First, we need to calculate the current income:</u>

Current income= 4,000*(50 - 10) - 15,000= $145,000

<u>Now, the new selling price, fixed costs, and sales in units:</u>

Selling price= 50*0.9= $45

Fixed costs= $45,000

Sales= 4,000*1.5= 6,000

New income= 6,000*(45 - 10) - 45,000= $165,000

Difference= 165,000 - 145,000= 20,000

Income will increase by $20,000.

4 0

4 years ago

Jill has decided that she wants to start conserving gasoline. jill is concerned about the rising price of gas, as well as how th

Anarel [89]

<span>Jill should start building a renewable energy resource plant. What this means is that she should find the right people to convert by-products of gas into usable energy in a particular community. To solve her problem, she must also find statistics and studies on atmospheric pollution in order for her to find the right equipment to start conserving gasoline.<span>
</span></span>

3 0

4 years ago

Read 2 more answers