Answer:
C
Explanation:
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
By choosing to produce one pound of butter, Alpha is forgoing the opportunity to produce one more pound of cheese
Opportunity cost = 30/15 = 2
Answer:
The correct answer is letter "A": an economic downturn that persists for more than two consecutive quarters of the year.
Explanation:
Recessions are economic downturns in an economy characterized by the fall growth for more than two consecutive quarters. The most important indicator that determines the economic downturn is the real Gross Domestic Product (GDP). The National Bureau of Economic Research (NBER) is the entity in charge of calling the recession.
C. opportunity cost is the benefit not received as a result of not selecting the best option
The strategies that may be used to protect the environment would be
- adoption of recycling methods
- Reduction of green house emissions
- use renewable sources of energy
- reduce the consumption of energy
<h3>What is the environment protection?</h3>
This is the term that has to do with the ways by which the natural environment that we live in can be protected by person and the organizations in the environment.
Hence we can say that the ways the the companies can protect the environment would be by
- adoption of recycling methods
- Reduction of green house emissions
- use renewable sources of energy
- reduce the consumption of energy
Read more on the environment here: brainly.com/question/17413226
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Answer:
$155,000
Explanation:
Given the information above,
Depreciation charge (straight line) = (Cost - Residual value) ÷ Estimated useful life
Therefore,
2021 Depreciation charge = ($2,635,000 - $0) ÷ 17
= $155,000
The journal entry to correct the error will include a credit to accumulated depreciation of $155,000
