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anyanavicka [17]
3 years ago
15

The opportunity cost of producing a bicycle refers to Group of answer choices the marginal cost of the last bicycle produced. th

e bicycle's retail price. the out-of-pocket payments made to produce the bicycle. the value of the goods that were given up to produce the bicycle.
Business
1 answer:
Sever21 [200]3 years ago
4 0

Answer:

the value of the goods that were given up to produce the bicycle.

Explanation:

Opportunity cost is the cost of the next best option forgone when one option is chosen over other alternatives.

the opportunity cost of purchasing the bicycle is the value of  other things that could have been bought instead of the bicycle

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With regard to New United Motor Manufacturing, Inc. (NUMMI), why did General Motors (GM) enter into a strategic alliance with To
hjlf

Answer:

to learn the lean manufacturing system pioneered by Toyota

Explanation:

The main reason for this strategic alliance was in order for General Motors to learn the lean manufacturing system pioneered by Toyota. The lean manufacturing system is a methodology derived from Toyota's 1930 operating model "The Toyota Way" which focuses on minimizing waste within manufacturing systems while at the same time being able to maximize productivity. This provides a great benefit to any manufacturing company, hence why General Motors was interested.

8 0
3 years ago
The term that best matches the description given.
Leto [7]

Answer:

I think Quantitative data

Explanation:

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2 years ago
A bond issued by the State of Pennsylvania provides a 5.75% yield. What yield on a Synthetic Chemical Company bond would cause t
sineoko [7]

Answer: 8.85%

Explanation:

GIVEN THE FOLLOWING ;

Municipal bond yield = 5.75%

After-tax rate = 35%

In other to produce the same after tax rate, What should be the yield of the synthetic company bond;

Assume yield on synthetic company bond = SC yield ;

We can connect our assumption using the mathematical relation below;

Municipal bond yield = after tax bond yield

5.75% = SC yield (1 - tax rate)

5.75% = SC yield (1 - 35%)

5.75% = SC Yield × 65%

SC yield = (5.75/65)%

SC yield = 0.08846%

SC yield = 8.85%

5 0
3 years ago
3. As the crisis in Venezuela deepened in late 2002 and early 2003, on January of 2003 the VEF was trading VEF1400/$. By Februar
aleksley [76]

Answer: 39.29%

Explanation:

For us to calculate the percentage change, we have to deduct the trading for VEF in January from the trading for VEF in February and then divide by VEF trading in January. This will be:

= (1950 - 1400)/1950

= 550/1400

= 0.3929

= 39.29%

The percentage change in January is 39.29%.

6 0
3 years ago
What is a delivery gap?
sertanlavr [38]

A delivery gap is,

a. the difference between a firm's service standards and the actual service it provides

- Mabel <3

7 0
3 years ago
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