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Delvig [45]
3 years ago
12

Esther and Ebenezer produce hamburgers and hot dogs. Esther can produce six hamburgers per hour or four hot dogs per hour. Ebene

zer can produce three hamburgers per hour or one hot dog per hour. Based on the scenario, Ebenezer’s opportunity cost of one hot dog is ________ hamburgers.
Business
1 answer:
Oksanka [162]3 years ago
3 0

Answer:

The correct answer is Three.

Explanation:

Opportunity cost is defined as what it costs us to decide on a decision and what it costs us to carry it out. In this case Esther produces 6 hamburgers per hour and Ebenezer 3; if it were decided to choose the latter, they would stop producing 3 hamburgers since Esther produces double. This would be the opportunity cost.

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Bogdan [553]
A safe environment includes the safety of workers doing there jobs and could be to protect them if something bad occurred. In a restaurant, have a first aid kit, have an eyelash station if chemicals are used to clean, have a list of all important phone numbers available, depending on the neighborhood; a panic button to alert police, a system to ensure employees are safe in the parking lot; to and from work, have the workers in the kitchen wear non slip shoes, tie hair back, there are so many things that need to be considered.
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3 years ago
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Would this topic be studied in microeconomics or macroeconomics: If the amount of money in the economy increases more than the a
AleksAgata [21]

Answer:

Both microeconomics and macroeconomics involve examining economic behavior, but they differ in terms of the scale of the subjects being studied.

Explanation:

Microeconomics is the field of economics that looks at the economic behaviors of individuals, households, and companies. Macroeconomics takes a wider view and looks at the economies on a much larger scale—regional, national, continental, or even global. Microeconomics and macroeconomics are both vast areas of study in their own rights.

8 0
2 years ago
Explain what lower of cost or market means in regards to reporting merchandise inventory on the balance sheet.
Degger [83]

Answer and Explanation:

Inventory is an asset and is posted on the asset side of the balance sheet. As per accounting standards regarding inventory valuation, it can be either valued at historical cost or at market price, whichever is lower.

Historical cost is the cost at which asset was acquired. Market price is the price which would be received if the asset is replaced as on the date on which balance sheet is prepared. Inventory is valued at lower of the above mentioned costs.

4 0
3 years ago
Elise has debt problems and sees an ad for a credit counseling service. When she calls to get more details, she suspects that th
morpeh [17]
The right answer for the question that is being asked and shown above is that: "d) All answers are correct."  The situation that could have tipped Elise of is that of requiring a free course on money management; charging large monthly fees for the service;<span> asking her to cancel most of her credit cards</span>
4 0
3 years ago
Constance tells Jill, her best employee, that: "Your work is so good, if I like what you do over the next six months, I’ll give
frozen [14]

Jill will not win because this is an illusory promise without consideration.

<u>Explanation:</u>

Even if Jill sues his boss Constance for not giving him the bonus that she had promised to give if her employee, Jill works with great focus and dedication, he will probably not win the case.

The reason for this is that it was just a promise and not a contract signed between that employer and that employee. It was just an illusory promise which is not enough to sue the person or the employer. So there was no benefit of doing it.

7 0
3 years ago
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