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luda_lava [24]
3 years ago
7

Caroline is training for a triathlon, a timed race that combines swimming, biking, and running.

Business
1 answer:
zalisa [80]3 years ago
6 0

Answer:

Each hour she spends swimming is an hour that she can't spend biking or running. The basic principle this sentence illustrates is:

All choices have opportunity cost.

Explanation:

As per the given situation, Caroline decides to go for swimming. So the time she invests in swimming, she could have done for biking or running during that time. So, opportunity cost of one hour of swimming is an hour of biking or running. Also it is not known that whether Caroline has an incentive if she spends more time swimming. This applies for an hour spent for biking or running as well. Thus, all the three choices have an opportunity cost.

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3 years ago
At Bargain Electronics, it costs $29 per unit ($15 variable and $14 fixed) to make an MP3 player at full capacity that normally
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Answer:

Bargain Electronics would realize Net Income of $35,200 by accepting the special order.

Decision : The special order should be accepted.

Explanation:

<u>Analysis of net income effect of accepting the special order</u>

Sales ( 3,200 units × $28)                   $89,600

Less Expenses :

Variable ( 3,200 units × $15)             ($48,000)

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<em>Note that, the fixed costs are irrelevant for this decision. This is because they will remain the same whether or not the special order is accepted.</em>

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3 years ago
Florida Travel Inc. issues 5,000 shares of $5 pa r value common stock for ). The journal entry to record this issuance would inc
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Answer:

E) B and C

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4 years ago
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zimovet [89]

Answer:

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