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gulaghasi [49]
3 years ago
14

Janine is an accountant who makes $30,000 a year. Robert is a college student who makes$8,000 a year. All other things equal, wh

o is more likely to stand in a long line to get a cheap concert ticket?
(A) Janine; her opportunity cost is lower
(B) Janine; her opportunity cost is higher
(C) Robert; his opportunity cost is lower
(D) Robert; her opportunity cost is higher
(E) Janine; she is better able to afford the cost of the tickets
Business
1 answer:
Bingel [31]3 years ago
5 0

Answer:

Janine is an accountant who makes $30,000 a year. Robert is a college student who makes$8,000 a year. All other things equal, who is more likely to stand in a long line to get a cheap concert ticket?

Robert; his opportunity cost is lower

Explanation:

Robert has loss of potential gain from the alternative available, his low income will made him to queue in order to get the concert ticket

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A content analysis of an organization's messages, readability studies, and readership surveys are all tools used to conduct a(n)
olganol [36]

A content analysis of an organization's messages, readability studies, and readership surveys are all tools used to conduct a(n) communications audit.

The destiny price represents the anticipated worth of an unmarried quantity, while the prevailing value represents the present day well worth. is the discounted value of a chain of consecutive destiny payments of equal quantity.

The future fee of a single quantity is equal to the quantity we store or make investments nowadays, the present value of an item, and such multiplied by one plus the hobby charge to the nth strength, where n is the range of compounding durations we maintain that precept within the bank or the number of periods that we make investments the money.

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Present value = Factor x Accumulated amount

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7 0
1 year ago
Consider a competitive market with a large number of identical firms. The firms in this market do not use any resources that are
lakkis [162]

Answer:

a. increase price in the short run but not in the long run.

Explanation:

A perfectly competitive market is one in which firms in an economy produce similar goods, and use resources that are limited in quantity.

An increase in demand will result in a corresponding increase in price, and results in firms making high profits. In the diagram below it results in a shift of demand from D1 to D2.

In the long run as firms have low barrier to entry more firms enter the market and supply shifts from S1 to S2. There is reduction in prices and profits start to fall. This is illustrated in the second diagram.

8 0
3 years ago
Each unit requires 0.25 direct labor-hours and direct laborers are paid $14.00 per hour. In addition, the variable manufacturing
pshichka [43]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Each unit requires 0.25 direct labor-hours and direct laborers are paid $14.00 per hour. In addition, the variable manufacturing overhead rate is $1.60 per direct labor-hour. The fixed manufacturing overhead is $95,000 per quarter.

Direct labor per unit= 0.25*14= $3.5

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For example:

100 units

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7 0
3 years ago
A special tax was levied by Downtown City to retire and pay interest on general obligation bonds that were issued to finance the
jonny [76]

Answer:

C. Debt Service Fund.

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Dept service funds can be described as monies or reserves which are been used to pay for capitals, interest and certain dept that have accrued by the company and it can cover for any other form of dept owed by the company.

It's existence is put in place to reduce the risk of a debt security for future investors. This can be paid out monthly mid-monthly, quarterly or possibly yearly.

This why the tax on general obligation bonds that has been put upon Downtown city to finance the hall has it receipts in place at the dept service fund office.

5 0
3 years ago
Whats the difference between stock and stockholder?
Charra [1.4K]

To delve into the underlying meaning of the terms, "stockholder" technically means the holder of stock, which can be construed as inventory, rather than shares. Conversely, "shareholder" means the holder of a share, which can only mean an equity share in a business. Thus, if you want to be picky, "shareholder" may be the more technically accurate term, since it only refers to company ownership.

8 0
3 years ago
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