Answer:
False
Explanation:
Since John could not possibly partake in all of the remaining three activities, the opportunity cost cannot be the benefit received from all of the other activities. Instead, the opportunity cost is the benefit he would have received from the next best alternative alone.
Answer:
E. 12,500 units
Explanation:
Contribution margin = Sales - Variable cost = $6800000 - $2800000 = 40,00,000
Contribution margin per unit = 4000000/20000 = $200 per unit
Break-even Point = Fixed cost/Contribution margin per unit = $2500000/$200 = 12500 units
Answer:
C. Greater specialization and a higher standard of living.
Answer:
stakeholders for the project, documented goal and objective of the assignment, discuss SMART(specific, measurable, agreed, reaganlistic, timeframe) for the assignment, resources for the assignment, GANTT chart of the assignment, risk assessment for the project.
Explanation:
Before starting any major assignment, one must set its goals and objectives very clearly. A list of milestone and progress measuring report must be prepared so that tracking is easy. Also, all the associated risks must be analyze and catered for
Answer:
a thing that is borrowed, especially a sum of money that is expected to be paid back with interest.