Answer:
Opportunity cost is a fictitious cost used in the assessment of alternative resource uses. The cost is the lost income from the alternative that you have not chosen to use. A standard example is when a person has a large amount of money and two options: Save them at a fixed monthly interest rate or pay off their loans. If you choose to save at a fixed monthly interest rate, the monthly cost of the loan will be the alternative cost. If, on the other hand, you choose to pay off your loans, the lost interest income will be the alternative cost.
Answer:
A higher interest rate for sure.
Explanation:
They will charge you more for the money you are borrowing (loan). So you may pay 25% over the, for example, $1000 you're borrowing.
The strategy for non-profit organizations for long term thinking I believe would be related to how they can foster social entrepeneurship to enhance their ability to serve the public in terms of research (such as of mining companies practices in foreign countries like with Mining Watch say) and in terms of how they spend their money to improve the social conditions for those they serve like say people with mental and developmental disabilities.
Answer:
Purchase Price Variance (PPV)
Explanation:
