<u>Full question:</u>
Rob Redbird is interested in attending a concert next weekend. Unfortunately, he is scheduled to work. If he finds a substitute for his shift so he can attend the concert, what kind of cost is he incurring?
A. Fixed
B. Opportunity
C. Unexpected
D. Unavoidable
E. Tangible
<u>Answer:</u>
He incurring is Opportunity
kind of cost
<u>Explanation:</u>
Opportunity costs describe the gains a somebody, investor or business craves out on when picking one choice over another. Analyzing opportunity costs can manage you in exceeding profitable decision-making. Bottlenecks are frequently a case of opportunity costs.
The most fundamental description of opportunity cost is the cost of the subsequent most immeasurable thing you could have accomplished had you not obtained your primary option. Opportunity cost examination also operates a vital role in preparing a business's capital building. Opportunity costs are universally and transpire with every decision made, huge or little.
Answer:
The answer is -0.5
Explanation:
I will attach a jpg file explaining the procedure used in obtaining the answer. I used the midpoint formula to calculate for percentage change in Quantity and Price, before calculating the Price-elasticity coefficient.
<em> 7*|15 80 | =|105 560|</em>
<em> 7*|15 80 | =|105 560||40 100| |280 700|</em>
<em> 7*|15 80 | =|105 560||40 100| |280 700|HERE'S YOUR ANSWER </em>
<em> 7*|15 80 | =|105 560||40 100| |280 700|HERE'S YOUR ANSWER ◌⑅⃝●♡⋆♡MICKZMINNZ♡⋆♡●⑅◌</em>
Many companies moved their operations from new england and the midwest to locations in the south because: the South had less expensive site factors than northern regions.
<h3>Change of operation location from midwest to south</h3>
The major reason why most companies tend to moved their operation to south was to maximize profit.
Compare to midwest, the site factors such as rew material, labor and land were more cheaper in the south.
This companies change their operation location because they want to reduce cost as their aims and objective is to generate or maximize profit.
Inconclusion the South had less expensive site factors than northern regions.
Learn more about Change of operation location from midwest to south here:brainly.com/question/503796
Answer:
the expected return from the investment is higher than that of those investments whose standard deviation is greater than zero.
Explanation:
As for the coefficient of variation which clearly defines the difference in values from the mean value in the data set.
It clearly defines as standard deviation/mean.
Where standard deviation is 0 the coefficient will also be 0 which shall represent the risk associated with it.
The least the coefficient of variation the least the risk with maximum return.
Thus, the correct statement will be concluding that the expected return from this investment will be higher than the returns from the project in which standard deviation is more than 0.
