Answer and Explanation:
profit will increase to zero
.
Currently the firm is incurring loss as price is less than ATC. In the long run firms will exit.
What are the opportunity costs of building this bridge?
All the options are applicable
What are the benefits that citizens will likely receive if the bridge is built?
Option B, Reduced travel time for commuters and shoppers.
Explanation:
When economic experts speak of a source of money's "opportunity cost," they mean the significance of its next highly valued appropriate use.
For example, if you spend millions of dollars on a movie, you can't even spend the time at home by reading a book and don't spend the cash.
Due to the cost of resources, you will make more efficient choices.
In comparison to its potential gains, you will determine the mortality risk of each alternative.
Answer:
I think its D.
Explanation:
2007 saw over 100 recalls due to really high levels of lead in nursery items, toys, jewelry, and art supplies.
Answer:
A. T Account balance $19,100
B. $31,600
C.$31,600
Explanation:
Sarah Simmons Enterprises
A.
T-account account
Dr Cr
Dr C/o 10500 Cr Beginning balance 29,600
Cr C/o 10500
Cr Balance 19,100
b.
Simmons enterprise retained earnings ending balance will be:
Retained earnings 29,100
Less Dividends 10,500
Balance 19,100
Add (10,500+2,000) 12,500
Balance 31,600
C. Ending balance of Simmons, Capital will be 31,600 just as in ( b) where the retained earnings ending was 31,600
Answer:
Bezanitia,
1.782609
Explanation:
Opportunity cost is the cost of the next best option forgone hen one alternative is chosen over another alternative.
By choosing to produce one more motorcycle, the countries would be giving up the opportunity to produce one more unit of lawn mowers
Yekutia's opportunity cost in the production of motor cycle = 570 / 320 = 1.781250
Bezanitia's opportunity cost in the production of motor cycle = 410 / 230 = 1.782609