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3 years ago

Explain the link between scarcity and opportunity cost.

Business

1 answer:

Helga [31]3 years ago

5 0

Answer:

Resources are limited in supply(scarcity) while wants are unlimited thus one has to make a choice to satisfy a need.Some choices are forgone(opportunity cost)

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kim buys a treadmill with a faulty latch. when thinking about her rights as a consumer, kim is most likely concerned about

nlexa [21]

In the above scenario, Kim is most likely concerned about quality and price of the product to replace the faulty one.

<h3>What is consumers right?</h3>

This is known to be the Right to Choose from any goods and services of one's choice.

Note that there are a different kinds of quality products and services at competitive prices and as such, In the above scenario, Kim is most likely concerned about quality and price of the product to replace the faulty one.

Learn more about right from

brainly.com/question/19681204

#SPJ1

3 0

2 years ago

Bert's Car Sales is a new firm that is still in a period of rapid growth. The company plans on retaining all of its earnings for

DaniilM [7]

Answer:

The correct choice is C)

The most logical thing to do would be to calculate the value of the stock in 5 years time.

Explanation:

This speaks to ones understanding of dividend growth stock valuation models. These tools are used to establish a fair value for a stock by discounting the present value of its future dividends. A commonly used model is the constant growth dividend discount model.

The formula for the DDM, which assumes constant growth in dividends, is provided below.

P0 = D1/(r-g)

Where,

P0 = intrinsic value of stock

D1 = dividend payment one year from today

r = discount rate

g = growth rate

Identifying the correct answer entails establishing a timeline of the expected cash flows. We are given the following information:

t0 = $0

t1 = $0

t2 = $0

t3 = $0

t4 = $0

t5 = $0.20

t6 = $0.20 * 1.035

Given a rate of return, we could use the constant growth dividend discount model to establish the fair value of the firm at t5 (five years from today). Incidentally, to determine today's value, we'd discount it back another five years.

Based on the information above, we are able to prove that the answer is '5'.

Cheers!

3 0

3 years ago

The spaghetti sells 340 units per week at $12 per plate. The steak sells 212 units at $16 per plate. Which has the higher

stepan [7]

Answer:

a) Spaghetti

Explanation:

Dollar value means the actual amount raised from selling. In this case,

spaghetti will have dollar sales of:

=340 x $12

=$4,080

Steak

=212 x $16

=$3,392

Therefore, spaghetti has higher dollar sales.

4 0

2 years ago

Joseph is reviewing secondary data his company collected about seasonal variations in consumer spending because he is thinking a

Yanka [14]

Answer:

The advantages of using secondary data are several, but its main advantage is that it is the cheapest way to gather large sets of information. A lot of secondary data is available on the internet, so it is time saving. Using secondary data saves work, efforts and money.

We can also use secondary data to determine more specifically which primary data we need to gather, again saving resources.

7 0

3 years ago

If 7000 dollars is invested in a bank account at an interest rate of 7 per cent per year, Find the amount in the bank after 14 y

Harlamova29_29 [7]

Answer:

1. Interest compounded annually = $18,049.74

2. Interest compounded quarterly = $18,493.77

3. Interest compounded Monthly = $18,598.16

4. Interest compounded continuously = $18,651.19

Explanation:

First let me state the formula for compound interest:

The future value of a certain amount which is compounded is the total amount (Principal + interest) on the amount of money, after compound interests have been applied, and this is shown below:

FV = PV $(1+\frac{r}{n} )^{n*t}$