1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
elena-s [515]
4 years ago
12

Ed is taking off from work for 4 hrs. the afternoon and going to a baseball game. The ticket to the game cost $25 and it costs $

15 to park at the stadium. Ed earns $15 an hour at this job. Ed's opportunity cost of going to the ball game is:
a. $100.
b. $25.
c. $60.
d. $50.
Business
1 answer:
adell [148]4 years ago
5 0

Answer:

The correct answer is option c.

Explanation:

The opportunity cost of a decision is the cost of sacrificing the second-best alternative. It is the indirect or implicit cost involved in a process.

The ticket to the game costs $25 and it costs $15 to park at the stadium.

Ed earns $15 an hour at this job.

He is taking off from work for 4 hrs. the afternoon and going to a baseball game.

The opportunity cost of going to the game will be equal to the wage he could have earned if he went to work instead of the game.

The opportunity cost

= \$ 15\ \times\ 4

= $60

You might be interested in
The manager noticed that stephen slammed his desk drawer right after he said that he was happy to work late. the manager should
slega [8]
<span>politely seek additional information by saying, I'm not sure that you really want to stay late. Do you have somewhere you need to be When Stephen slams his desk drawer following him agreeing to work late when his manager asked, the manager should politely talk to him in order to get further information. The best way would be to state that the manager is feeling that Stephen doesn't really want to stay late, is there something Stephen needs to be doing?</span>
8 0
3 years ago
Airbnb, a room-sharing site, offers more rooms than Marriott. Goldman Sachs suggests that the supply of new rooms over the next
alexandr402 [8]

Answer:

C) The threat of new entrants.

Explanation:

Porter's Five Forces: It's an analysis helpful for the industries to get the understanding of the loopholes and their weaknesses. Porter suggested that anytime a company goes down, there would be one force involved among the following five forces.

  1. Threat of new entrants.
  2. Bargaining power of buyers.
  3. Threat of substitutes.
  4. Rivalry among existing competitors.
  5. Bargaining power of suppliers.

In our case:  

  • Threat of new entrants force is involved: There is always a threat to the existing companies of the new company entering the market. Some companies doesn't take them seriously and ends up getting damaged. And, as the Goldman suggests that new supplies of the rooms in coming years will hurt the existing companies. So they must act on this information and make a decision to change the event for their own better.  
4 0
4 years ago
2(10-24x)+y2evaluate the expression when x=3 and y=5
Semenov [28]

your correct answers is 114


4 0
3 years ago
Values are Group of answer choices a. The deeply held convictions that influence your thinking when you are faced with choices b
skelet666 [1.2K]

Answer:

a. Deeply held convictions that influence your thinking when you are faced with choices

Explanation:

A conviction refers to a firmly held belief of an individual.

An individual forms his values from his family, friends and people around which gradually shape perspective.

Values determine how an individual behaves socially, what constitutes morally right and what is not. They govern the ethical behavior of an individual.

Values are personal in nature in the sense those ain't generally acceptable principles. Those differ from individual to individual.  They determine the course of action of an individual when faced with challenges and alternatives.

3 0
4 years ago
If there are 200 rooms and the operating costs are $20,000 plus a cleaning fee of $5 per room per day, compute the profit during
Ne4ueva [31]

Answer:

$28,007,000

Explanation:

Number of rooms                                          =  200

Daily operating expenses for one room     = $20,000 + Cleaning fee

Daily operating expenses for one room    = $20,000 + $5

                                                                      = $20,005

One week period                                          = 7 days

Daily operating expenses for 200 rooms   = Daily operating expenses for  

                                                                         one room X  Number of rooms

                                                                       = $20,005 X 200

                                                                       = $4,001,000

Operating expenses for one-week period  = Daily operating expenses for

                                                                           200 rooms X 7

                                                                        = $4,001,000 X 7

                                                                        = $28,007,000

                                                                         

6 0
3 years ago
Other questions:
  • Maas LLP developed software that helps farmers to plow their fields in a manner that prevents erosion and maximizes the effectiv
    11·1 answer
  • As it advances on the ________, Boston Market has added pickup, delivery, and full-service catering to its original restaurant f
    11·1 answer
  • ​Bob's Bicycle Sales and Repair is a brand new company. From a marketing​ standpoint, what is the FIRST thing​ Bob's Bicycle Sal
    11·1 answer
  • The income statement for the Carolina Service Company for the year ended December 31, 2017, appears below. Sales revenue $670,00
    12·1 answer
  • We or False: You should calculate your regular monthly pay based on your Gross Pay.
    12·1 answer
  • When Tim earned​ $65,000 he purchased 10 novels a year. His income has just increased to​ $68,000 and he plans to purchase 15 no
    9·1 answer
  • The model used to describe the flow of economics activity in the free market is a
    6·1 answer
  • What is it called when a customer pays for an item in installments but doesn't
    7·2 answers
  • The Fashion Shoe Company operates a chain of women’s shoe shops that carry many styles of shoes that are all sold at the same pr
    11·1 answer
  • The maximal velocity v(max): the maximal velocity v(max): is obtained when approximately an equal amount of enzyme is in the ""f
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!