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jolli1 [7]
3 years ago
13

Walter builds birdhouses. He spends $5 on the materials for each birdhouse. He can build one in 30 minutes. He is semi-retired b

ut earns $8 per hour at the local hardware store. He can sell a birdhouse for $20 each. Refer to Scenario 13-11. The implicit cost for one birdhouse is:
Business
1 answer:
Leokris [45]3 years ago
6 0

Answer: $4

Explanation: Implicit cost or sometimes referred to as the opportunity coast is the part of economic cost of a project. It can be defined as the loss of profit someone faces when choosing one alternative over other.

So implicit cost of Walter is $4 ($8 * 1/2HOUR), that is, the amount he could have earned if he were not building a birdhouse.

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"Given the following information from Cullumber Corporation, what price would the CAPM predict that the company’s stock will tra
Natasha_Volkova [10]

Answer:

$68.70

Explanation:

Risk free rate: 3.6 %

Market risk premium: 8.6 %

Beta: 0.65

Current stock price: $64.60

Annual dividend: $1.84

The expected rate of return = 3.6% + 0.65*8.6%

The expected rate of return = 0.036 + 0.0559

The expected rate of return =  0.0919

The expected rate of return = 9.19%

Required return = (P1-P0+Dividends)/P0

9.19% =  [(Price + 1.84)/64.60 ] - 1

9.19% + 1 = (Price + 1.84)/64.60

64.60*(0.0919 + 1) = Price + 1.84

70.53674 = Price + 1.84

Price = 70.53674 - 1.84

Price = $68.69674

Price = $68.70

5 0
3 years ago
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Eduardwww [97]

Answer:

6.9899102e+12

Explanation:

8 0
3 years ago
Swifty Corporation expects direct materials cost of $6 per unit for 150000 units (a total of $900000 of direct materials costs).
OLga [1]

Answer:

Explanation:

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5 0
3 years ago
An increase in the price of gasoline will reduce the amount of gasoline purchased. This is
nekit [7.7K]

Answer:

<h2>In this case,the answer is option is B. or a positive economic statement.</h2>

Explanation:

  • In Economics or any Social Science,a positive statement basically refers to an assertion,proposition,fact etc. that can be practically tested or evaluated by examining statistical or empirical data,information and/or facts.
  • In this instance,the statement given represents an economic relationship between two economic variables,that is,price of gasoline and its consumption level.
  • Therefore,this is a general statement that can be verified or evaluated by collecting and examining relevant numerical data or facts on the price of gasoline and its consumption level at various parts of the country.
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5 0
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mariarad [96]

Answer:

A...............maybe D

4 0
3 years ago
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