I'll do a similar problem, and I challenge you to do this using similar techniques!
If John works for 15$ a hour with his friends rather than working for 20$ an hour for 50 hours a month, what's the monthly opportunity cost?
John would make 20*50=1000 dollars a month at the second option as he makes 20$ an hour 50 times. Next, if he works with his friends, he makes 15*50=750 dollars as he works 50 hours for 15 dollars an hour, or adds 15 50 times.
His opportunity cost would be <highest money>-<lowest money>=1000-750=250 dollars a month. Good luck on this question, and feel free to ask further questions!
Answer:
62.5
All you do is divide 5 by 8 and you get this .625 move the decimal over two spots to the right and you get 62.5%
Answer:
440
Step-by-step explanation:
55x8. 8x5=40 carry the 4. 8x5=40+4=44 so it is 440
Answer:
(hy)-(hx)=P
Step-by-step explanation: to get the total price of stock you multiply the cost of one share by how many shares were bought. After being sold years later they made a profit, you must subtract the total cost from this profit to find the total profit.