Answer:
B) opportunity costs.
Explanation:
Opportunity cost is the fortified benefits when a choice is made. It is the sacrificed option from a variety of possible choices. The value of opportunity cost is expressed as the cost of the next best alternative.
According to the economist, Joe made a loss because his opportunity cost would have yielded a better return. In evaluating the viability of a project, economists always consider the returns from the next best alternative. Joe would have made a profit if the returns from the sales of gold were higher than the 3 percent from a certificate of deposit. Because Joe opted for the gold, he missed the chance to earn from the certificate of deposit. In economics, he made a loss.
Answer: $66,938
Explanation: The beginning inventory is calculated thus:
$50,000 / 3000 units = $16.67
while the purchases during the period is:
$150,000 / 8000 units = $18.75
Ending inventory value using average minus cost method is thus:
Ending inventory= 3,780
Average cost = $16.67+18.75= $35.42
Cost of ending inventory = $35.42/2=17.71
Ending inventory cost = $17.71 * 3,780=66,938
A) a proprietorship is the most common type of firm in the United States.
Bachlor's degree is the most common level of education Video Game Designers earn
bachelor's degree
<u>Explanation:</u>
The minimum degree required to become a video game designer is a high school diploma but the common level of the education people prefer is a bachlor's degree in the designing field.
Expertise computer science, programming, gaming, designing is necessary to become a professional. Many students choose to learn the technology on their own but the most students prefer doing a Bachlor's degree in their specific field. Therefore, the correct answer is Bachlor's degree.
Take-home pay is calculated through individual's monthly gross income and subtracting federal tax, government, health and other contributions.
Consumer credit can be goods, money or services provided to a consumer instead of a payment and an example are credit cards and personal loans.
As a percent of take-home pay, monthly consumer credit payment should not exceed to 20%.