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Sphinxa [80]
3 years ago
12

Opportunity cost refers to _________.a. current economic conditions. b. your personal values.c. trade-offs when a decision is ma

de. d. commonly accepted financial goals.
Business
1 answer:
Len [333]3 years ago
3 0

Answer:

c. trade-offs when a decision is made

Explanation:

Opportunity cost is the value of the next best alternative.  It represents the foregone benefits as a result of choosing one option over the others. The forfeited option is the trade-off with the preferred choice.

Trade-offs are a result of decision-making processes. Individuals and businesses have many needs and want, which they have to meet with limited resources. Every decision requires preferring one choice and trading-off another. Opportunity cost is the trade-off option.

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Pemco Enterprises sells annual membership to its shooting lodge. The memberships cost $240 each. On January 1, Pemco sold 2,000
jenyasd209 [6]

Answer:

Option C. $480,000

Explanation:

The reason is that the consideration (Services of memberships which has monetary value) of the contract to deliver the subscribers has been delivered by the Pemco Enterprise which was active their member account and let them enjoy the services which they provide so the sales would be the amount that the company is legally entitled to receive after delivering the consideration of the contract and is $480,000 ($260 * 2000 memberships).

5 0
3 years ago
Why is it important for the balance of payments to balance?
Rudiy27

Answer:

A country's balance of payments tells you whether it saves enough to pay for its imports. ... A balance of payments deficit means the country imports more goods, services and capital than it exports. It must borrow from other countries to pay for its imports. In the short-term, that fuels the country's economic growth.

5 0
3 years ago
our business plan calls for sales of $45,000 in year 1 with compound growth of 30% per year thereafter. What are your projected
Law Incorporation [45]
477,202 are the projected sales after year 10.
4 0
3 years ago
How do changes in the environment affect businesses and thus consumers?
fiasKO [112]

Answer:

If the environment changes then the businesses will make products you need in that environment so consumers will buy more of that product because they need it. For example, if it's summer you need new summer clothes so companies will start to make summer clothes so people will buy them instead of winter or fall clothes because of the environment. So businesses are getting money and the consumers are getting what they need or want.  

8 0
2 years ago
A(n) _____ refer(s) to a detailed description of a brand's current marketing position.
NemiM [27]

Answer: Situation analysis

Explanation:

  The situation analysis is the collection of all the methods which is specifically used by the manager in an organization for analyzing both external and the internal environment of the firm.

 It is the process of evaluating the growth of the company and the potential of the customers in terms of business. The importance of the situation analysis is that it provide strength and various types of opportunities in the market.

 Therefore, Situation analysis is the correct answer.

   

3 0
3 years ago
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