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
Slav-nsk [51]
3 years ago
9

You rent a DVD of The Dark Knight Rises. The rental is for seven days and you watch the movie on the first day. You tell a frien

d about the film and your friend asks to come over and watch the movie with you before it is due back. What is your opportunity cost if you decide to watch the movie a second time instead of going to a football game?
Business
1 answer:
bulgar [2K]3 years ago
8 0

Answer:

The correct answer is letter "D": The football game you forego by watching the movie again.

Explanation:

Opportunity cost is what a person sacrifices when they choose one option over another. Opportunity cost is calculated by subtracting the return of the forgone option from the return of the chosen option. The result represents what was left on the table. Sometimes the chosen option can provide better returns than the forgone option and vice-versa.

In that case, the opportunity cost of watching "<em>The Dark Knight Rises</em>" one more time with a friend is the <em>football game </em>left behind.

You might be interested in
What is the effect on market when suppliers under invest in their businesses​
yanalaym [24]

Answer:

  • Low supply
  • Scarcity
  • Low economic growth

Explanation:

When suppliers under invest in their business, they will end up having the capacity to only produce less than the market requires. Should this happen, supply will be reduced in the market which would lead to relative scarcity all else being equal.

For economic growth to happen, there must be increasing production in an economy so if suppliers are under investing and production is low, there might be low or no economic growth.

8 0
2 years ago
Zoey Bella Company has a payroll of $9,440 for a five-day workweek. Its employees are paid each Friday for the five-day workweek
Ratling [72]

Answer:

Dr Salaries expense $7,552

Cr Accrued salaries $7,552

Being entries to record salaries payable as at year end

Explanation:

When an expense is incurred but yet to be paid by an organization, the entries required are

Dr Expense (p/l)

Cr Accrued expense (B/s)

when payment is made

Dr Accrued expense (B/s)

Cr Cash account

Given that Zoey Bella Company has a payroll of $9,440 for a five-day workweek and the year ends on a Thursday. As such, the company  as at 31 December has incurred salaries for 4 days. This has to be accrued for but first to calculate the amount

= 4/5 * $9,440

= $7,552

Hence adjusting entry required on December 31, assuming the year ends on a Thursday

Dr Salaries expense $7,552

Cr Accrued salaries $7,552

Being entries to record salaries payable as at year end

7 0
2 years ago
Which term refers to the fundamental rethinking and radical redesign of a business activity to achieve dramatic improvements in
Reika [66]
<span>This fundamental rethinking and radical redesign of business to achieve major improvements in outputs is called as business process re-engineering. The process access and analyses the flow of work and other procedures that are carried in the business and make the necessary changes to the business plan.</span>
5 0
3 years ago
PLEASE HELP ASAP!!! HAVE TO PASS THIS!! WILL MARK BRAINIEST!!! Which of the following is true of temp agencies?
Jet001 [13]

The third option is correct

8 0
3 years ago
Bauer's Supply Chain Management Student Organization provides networking opportunities and dinner meetings with hiring managers,
givi [52]

Answer:

Bauer SPO

Explanation:

  • Bauer SPO is a primer student organization of the supply chain and management at the university of Houston C.T. Bauer College of Business.
6 0
3 years ago
Other questions:
  • Given the following data: Average operating assets $ 504,000 Total liabilities $ 23,520 Sales $ 168,000 Contribution margin $ 85
    14·1 answer
  • A restaurant review published in the local newspaper is an example of ________.
    9·1 answer
  • E13-5. (adjusting entry for sales tax) (lo 1) during the month of june, rowling boutique had cash sales of $233,200 and credit s
    5·1 answer
  • Blissful Blankets' target profit is $520,000. Each blanket has a contribution margin of $21. Fixed costs are $320,000. The numbe
    9·1 answer
  • External costs are A. borne by the public but incurred by the government. B. borne by the government but incurred by the public.
    6·1 answer
  • Bramble corp. wants to sell a sufficient quantity of products to earn a profit of $200000. if the unit sales price is $18, unit
    8·1 answer
  • Why is it important to start saving for retirement early?
    10·2 answers
  • Do some research on the country of Ethiopia and discuss:
    10·1 answer
  • Bill Darby started Darby Company on January 1, Year 1. The company experienced the following events during its first year of ope
    15·1 answer
  • A company has designed a new product and tested the prototype. what is the next step in product development?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!