I believe the answer should be A.
Answer:
B. Cooking dinner for some friends.
Explanation:
Opportunity cost is the cost of <u>next best alternative</u> sacrifised while choosing an alternative.
Eg- If I like Chapati more than rice, rice more than bread - opportunity cost of chapati is only rice & not bread.
If my preferences are 1 > 2 > 3 ; {'>' implies 'preferred over'}
Then the opportunity cost of my 1st preference i.e going out to movie & dinner is the 2nd best preference i.e Cooking dinner for some friends.
Hamburger at base ball game i.e 3rd preference is opportunity cost of 2nd preference i.e Cooking dinner for some friends.
Answer:
$109,000
Explanation:
The accounting equation for the cost of goods sold
COGS = opening finished good + purchases - Closing finished goods
In a manufacturing firm, purchases are also referred to as manufacturing costs.
For Leslie manufacturing:
beginning finished inventory =$40,000
costs of goods manufactured = $ 144,000
Ending finished inventory = $ 45,000
cost of manufacturing for the period:
=$40,000 +$114,000- $45,000
=$109,000
D)
Market equilibrium occurs when supply = demand
The final values of the loan would be:
- The cost of the payment for each month is: $ 138.88 + $ 16.66 = $ 155.54 (interest)
- The total cost of interest is: $ 600 = $ 200 × 3 years.
- The total cost of the loan is $ 5000 + $ 600 = $ 5600 (3-year interest)
<h3>What is the APR?</h3>
APR is an acronym for the percentage interest rate on a loan that a bank charge for each year that the loan is repaid. According to the above, in a loan of $ 5000, we must pay 3 times the 4% because the payment will be made within 3 years.
To know the value of the interest on the loan we must divide the value of the loan by 100 and multiply the result by 4 as shown below:
- $ 5000 ÷ 100 = $ 50
- $ 50 × 4 = $ 200
According to the above, the value of the interest is $ 200. To know the total value of the interest we must multiply $ 200 by the years that we are going to pay the loan as shown below:
Finally, to know how much we must pay each month we must divide the total value of the loan by the number of months that we are going to pay the loan. On the other hand, we must divide the total value of the interest by the number of months that we are going to pay the loan and add it to the total value of each month as shown below:
- $ 5000 ÷ 36 = $ 138.88
- $ 600 ÷ 36 = $ 16.66
- 138.88 + $ 16.66 = $ 155.54
Learn more about APR in: brainly.com/question/8846837