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igor_vitrenko [27]
3 years ago
11

When shopping for your interview clothes, some trade-offs you face include: whether to get a job or not. choosing one brand of c

lothing over another. choosing one type of clothing over another. time and money that could be used on other things. The opportunity cost of buying new clothes is: time off from watching TV. the choice of what to wear. the choice of where to shop. money that could be spend elsewhere. The benefit of buying new clothes is: feeling better and having more confidence. learning about clothing options. being able to discard old clothes. finding the right sized clothing.
Business
1 answer:
mario62 [17]3 years ago
6 0

Answer:

time and money that could be used on other things

money that could be spend elsewhere.

feeling better and having more confidence

Explanation:

Trade off is the sacrifice that must be made in order to carry out a certain activity. By deciding to go shopping, i would be sacrificing time and money.

Opportunity cost is the cost of the next best option forgone when one option is chosen over other options.

The opportunity cost of buying new clothes is what I could have used the money to do instead

The benefits of buying new clothes are the advantages i would derive from owning the clothes

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In July 2008, the average price of gasoline in the United States was $4.09 per gallon and consumers bought 6 percent less gasoli
Basile [38]

Answer:

PED= 0.1571

Explanation:

The price elasticity of demand (PED) indicates how the quantity demanded change when the price changes. Is defined by this equation:  

Price Elasticity of Demand = Percentage change in Q/ Percentage change in P  

In this case, the problem is giving percentage changes in Q but we must calculate the percentage change in price:

%Change in price = ( p2-p1/p1)*100= ($4.09-$2.96)/$2.96= 0.3817*100=38.17%

%Change in quantity is= -6%

PED= -6%/38.17%

In absolute value:

PED= 0.1571

If the PED is less than 1 then gasoline is considered as inelastic.

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3 years ago
Situations where an individual is required to define right and wrong conduct are termed ________.
koban [17]

Answer:

The right option is option b, which is Ethical dilemmas

Explanation:

Ethical dilemmas are situations in which there is a choice to be made between two options neither of which resolved the situation. It is a decision making problem which is between two possible moral imperatives.

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3 years ago
The Allied Group is considering two investments. The first investment involves a packaging machine, which can be used to package
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Answer:

1. Calculate each project's payback period.

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Payback period molding machine = 4.45 years

2. Calculate the NPV for each project.

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NPV for packaging machine = -$4,178.24

NPV for molding machine = -$2,907.50

3. Calculate the IRR for each project.

IRR for packaging machine = -0.86%

IRR for molding machine = 3.5%

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None should be selected since the NPVs are negative

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None should be selected since the NPVs are negative

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What was ireland's greatest export during the 1840s?
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People was the greatest export
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3 years ago
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