Suppose a gardener produces both tomatoes and squash in his garden. If he must give up 8 bushels of squash to get 5 bushels of tomatoes, then his opportunity cost of 1 bushel of tomatoes is 5/2 bushels of squash.
Opportunity costs are the possible advantages which any person or investor or any company forgoes while deciding between the two options.
Opportunity costs are invisible in nature. An opportunity cost is simply by definition is the difference between the expected returns of each option and this is also the formula for doing so.
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It is referred to as Capabilities. It is essential to accomplish its business model or bring about its mission. In addition, an easy way to comprehend the thought is to think about capabilities as organizational level expertise is set in people, method, and technology.
Answer:
This patient could possible have <em>Tinea Pedis</em>
Explanation:
Tinea Pedis is a contagious fungal infection caused by dermatophyte fungus such as "Epidermophyton Floccosum". This type of infection is more common in places with tropical weather. It mostly affects young males, but it can also affect females and children.
Answer:
Trend- % change in sales = 34.64%
Explanation:
<em>Trend analysis entails determining the performance of a business over time by comparing its performance data from one period to another. The aim of trend analysis is to identify the behavior of a set of ratios over a period of time by comparing them across different years.</em>
To determine the trend for a particular data, we use the formula below
% Change in variable =
(Current year figure - Previous year figure)/Previous year figure × 100
DATA
Current year figure for sales (2017) - 450,000
Previous year figure for sale (2016) - 688,500
% change in sales = (450,000 -688,500)/688,500 × 100 = 34.64%
% change in sales = 34.64%
This implies that the company made sales in 2017 which is 34.64% less than that made in 2016