Answer: The answer is as follows:
Explanation:
Opportunity cost refers to the benefit of a commodity that is forgone to produce one extra unit of some other commodity.
It is also refers to the value of next best alternative that is given up by choosing some other alternative.
Here, if Dexter accepts the laser printer as payment then the opportunity cost of this exchange is the value of next best alternative and that is television.
Answer:
The correct answer is $81,400.
Explanation:
According to the scenario, the given data are as follows:
Current earning = $74,000
As Brad is searching for a city which is 10% higher than current city then to maintain same living he has to earn 10% more than he earns.
So, total earning needed = $74,000 + 10% of $74,000
= $74,000 + $7,400
= $81400
Hence, the total earning brad needed is $81,400.
Answer:
d. Product financing arrangement.
Explanation:
A business transaction in which an organization sells and agrees to repurchase inventory with the repurchase price equal to the initial or original sales price plus the carrying and financing costs is known as the Product financing arrangement.
A product financing arrangement is more likely to exist when the seller commits to having a third party client purchase the item and then agrees to repurchase the item from the third party client.
It's noteworthy to know, that the seller controls how the item sold under either of the above mentioned situations is analysed and disposed of.
