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borishaifa [10]
3 years ago
5

You were planning to spend Saturday working at your part-time job, but a friend asks you to go skiing.Which of the following are

included in the true cost of going skiing? Check all that apply.
a.The rental of any ski equipment you need
b.The cost of a lift ticket
c.The cost of your ski jacket you purchased last year
d,The wages you forgo by going skiing
Business
2 answers:
stich3 [128]3 years ago
8 0

Answer:

a.The rental of any ski equipment you need.

b.The cost of a lift ticket.

d. The wages you forgo by going skiing.

Explanation:

The true cost in this case can also be called the opportunity cost of going skiing and it is defined as the total cost required in order to achieve the aim of going skiing.

The rental of any ski equipment you need, the cost of a lift ticket and the wages you forgo by going skiing are all included in the true cost of going skiing.

Vera_Pavlovna [14]3 years ago
7 0

Answer:

a.The rental of any ski equipment you need

b.The cost of a lift ticket

d,The wages you forgo by going skiing

Explanation:

True cost is the monetary cost of doing something. In addition it includes the cost of foregoing an alternative action.

Rental of ski equipment and cost of lift ticket are the monetary costs incurred when you go skiing with your friend.

The opportunity cost is the alternative foregone in order to go skiing, that is the wages you are not earning while you are skiing.

Opportunity cost is considered by individuals and businesses in making the best choice between alternatives.

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yan [13]

Answer:

Bounded rationality.

Explanation:

Bounded rationality is the possibility that in decision-making, rationality of people is restricted by the data they have, the subjective impediments of their psyches, and the limited measure of time they need to settle on a decision.

7 0
3 years ago
Consider a simple process where work flows from Activity A to Activity B to Activity C to Activity D. Activity A takes 3 minutes
Ludmilka [50]

Answer:

The correct answer is the option B: Activity B.

Explanation:

First of all, the term <em>''bottleneck''</em> in the management area refers to the activity or process in a chain of processes that its limited capacity reduces the capacity of the chain in its whole.

Once said that, in the case presented, where there are four workers and two of them have to do two differents tasks then the activity consider the bottleneck of the process will be the one in where one person does an activity after another and that reason makes that person delates more in working. That is the case of the activity B, where Aaron has to work again after the first activity and that takes him and Betty five minutes full, while in the other case where Betty works with David they only take four minutes, so therefore that the activity B is the bottleneck of the process.

6 0
3 years ago
What do you mean Business Enviroment and Economic Enviroment respectivley?​
sergiy2304 [10]

<u>Explanation:</u>

Business environment refers to the factors pertaining to internal or external to the organisation that affects the working of the organisation. The environment provides threats and challenges for the business organisations. So the business organisations should know about their environment to smoothly function the business activities.

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6 0
3 years ago
Once the BAL has peaked and started to go down, people who have been drinking believe they are much more ____________ than they
sesenic [268]
Once the BAL has peaked and started to go down, people who have been drinking believe that they are much more sober than they really are.

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4 0
3 years ago
The current price of a stock is $50, the annual risk-free rate is 6%, and a 1-year call option with a strike price of $55 sells
Vlad [161]

Answer:

The value of the put option is;

e. $9.00

Explanation:

To determine the value of the put option can be expressed as;

C(t)-P(t)=S(t)-K.e^(-rt)

where;

C(t)=value of the call at time t

P(t)=value of the put at time t

S(t)=current price of the stock

K=strike price

r=annual risk free rate

t=duration of call option

In our case;

C(t)=$7.2

P(t)=unknown

S(t)=$50

K=$55

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t=1 year

replacing;

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7.2-P=50-(55×0.942)

7.2-P=50-51.797

P=51.797+7.2-50

P=$8.997 rounded off to 2 decimal places=$9.00

6 0
3 years ago
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