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Flura [38]
3 years ago
7

Select the correct answer.

Business
1 answer:
Aleksandr [31]3 years ago
3 0

The value of the second-best alternative that a person gives up when making a choice represents the opportunity cost. The answer is C.

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You might be interested in
Who developed a three-step model for change that included unfreezing, movement, and refreezing?A) John KotterB) David McClelland
ohaa [14]

Answer:

The correct answer is letter "E": Kurt Lewin.

Explanation:

German psychologist and philosopher Kurt Lewin (1890-1947) developed a Change Model involving three steps: <em>Unfreezing, Changing</em>, and <em>Refreezing</em>. It represents a very simple model to understand the change process compared to the psychical matter state of the ice. The model starts by creating the idea in the organization that something must not continue to be the same (<em>unfreezing</em>), then moving towards the new desired behavior (<em>changing</em>) and, finally, solidifying that new behavior as the norm (<em>refreezing</em>).

8 0
3 years ago
Jackson Implements, Inc. uses straight-line depreciation for an item of equipment that cost $135,000, had a salvage value of $15
ch4aika [34]

Answer:

the depreciation that should be charged over the useful life each year is $20,000

Explanation:

The computation of the depreciation expense using the straight line method is shown below:

= (Purchase cost of an equipment - residual value) ÷ (useful life)

= ($135,000 - $15,000) ÷ 6 years

= $120,000 ÷ 6 years

= $20,000

hence, the depreciation that should be charged over the useful life each year is $20,000

3 0
3 years ago
Tabby Tolman is a project coordinator at Tristar Solutions. Whenever a new project comes her way, she holds a project meeting an
Delicious77 [7]

Answer: Option (E)

Explanation:

From the following given case or scenario, we can state that the development occurring in this particular case reflects that this group is still at the stage of transition, under which they are still following or are underway the halfway level or mark in the given timeline, which is given beforehand the project is started.

7 0
4 years ago
Suppose the growth of production in Country B follows Solow Model. Country B's production function is Y = F(K,L) = K0.5 L0.5 . C
BartSMP [9]

Answer:

80

Explanation:

Given the Solow Formula Y = K^{0.5} *L^{0.5} in the question, we have:

Capital K = 64

Labors L = 100

Substituting the number for K and L into the equation, we have:

Y=64^{0.5} *100^{0.5}

Y = 8 * 10

Y = 80

Please Note:

Country B's production function is Y = F(K,L) = K0.5 L0.5 is not correctly stated as the real Solow Model using equation format in the question. This has therefore been done under the explanation above and now correctly stated as Y = K^{0.5} *L^{0.5} .

3 0
4 years ago
Chavin Company had the following results during August: net operating income, $350,000; turnover, 2; and return on investment (R
mixas84 [53]

Answer:

$1,458,333.33

Explanation:

Chavin company has a net operating income of $350,000

The turnover is 2

The return on investment is 24%

= 24/100

= 0.24

Therefore, the average operating assets can be calculated as follows

ROI= Net operating income/Average assets

0.24= $350,000/average assets

Average assets= $350,000/0.24

= $1,458,333.33

Hence the Chavin's company average operating assets were $1,458,333.33

8 0
3 years ago
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