The answer is $48.
The seller of product a has no idle capacity and can sell all it can produce at $60 per unit. outlay (variable) cost is $12. $48 is the opportunity cost, assuming the seller sells internally
It is calculated as follows:
Opportunity cost= Production cost- Outlay cost
= 60-12
=$48
Opportunity costs represent the potential benefits which any individual or investor, or any business misses out on when choosing one alternative over another.
Because the opportunity costs are generally unseen by definition, they can be easily overlooked. Understanding of the potential missed opportunities when any business or any individual chooses one investment over another investment allows for better decision making.
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In order to <span>create an effective presentation to summarize a PI team's activities PI team members should u</span><span>se large fonts in the presentation so that people can read the boards from a distance.
Also they should map the board in advance with labels for each section.
And third, the presentation should keep detailed information in a team record binder for reference.
</span>
True, the most fundamental reason for having a safety-friendly corporate culture is competition.
<h3>
What is corporate culture?</h3>
Corporate culture refers to the attitudes and behaviors that govern how employees and management interact in a corporation. Corporate culture is frequently suggested rather than explicitly stated, and it evolves organically over time from the cumulative attributes of the people the firm hires. National cultures and customs, economic trends, international trade, company size, and goods all have an impact on corporate culture.
Corporate cultures, whether designed or naturally developed, penetrate to the core of a company's concept and practice, affecting every area of the business. The culture of a firm will be reflected in its dress code, business hours, office layout, and many other aspects of operations.
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