Answer:
improvements to the building,
Explanation:
Opportunity cost is the foregone advantage of not setting certain options in decision making. When a particular option is preferred over others, then benefit from the other options not selected are forfeited. The forfeited benefits represent the opportunity cost.
The value of opportunity cost is equated to the value of the next best alternative. Where there were more than two alternatives available, the next best alternative from the chosen option becomes the opportunity cost. In this case, improvement to the building was voted the second preferred option; hence it becomes the opportunity cost.
Answer:
or
Explanation:
Assume an investment of $1.00
First Simple Bank:
Amount after 6 years = 1 + PRT
= 1 + 1(0.064)(10)
= 1.64
Complex Bank:
Take 10th root of both sides
or
Answer:
The correct answer is letter "C": Dry-pipe sprinklers.
Explanation:
Dry-pipe sprinklers systems use pressurized nitrogen in front of fire emergencies where the closed pipe valves open. Compared to systems using water, for a data center, it will be better to use a dry system like this since computer devices damages will be reduced exponentially or in the worse scenario, there will be higher chances to recover the material on those devices.
Answer:
The order, in terms of relative size, will be as follows:
(b) Consumption
(c) Investment
(a) Net Exports
Explanation:
The aggregate demand consists of the sum of four components which are government spending, consumption, investment and net exports.
Amongst which the consumption is the largest component of all, as it represents the total income spent by an individual or household on the goods and services in the economy. It's calculation is dependent of several factors such as disposable income, interest rates and future economic conditions.
Investment is the second largest component, after consumption, as shifts in it's value results in improvement/fall on the quality and quantity factors of production in the long run.
In terms of size when compared with the other components, the Net Exports stands as the smallest component. Practically due to the fact that it is calculated after deducting imports from exports.
Answer:
Estimated manufacturing overhead rate= $4.8 per direct labor hour
Explanation:
Giving the following information:
Estimated overhead= $12,000
Estimated direct labor hours= 100 jobs* 25 hours= 2,500 hours
To calculate the estimated manufacturing overhead rate we need to use the following formula:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= 12,000/2,500= $4.8 per direct labor hour
