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frozen [14]
3 years ago
10

You can spend $100 on either a new economics textbook or a new tablet computer. If you choose to buy the new economics textbook,

the opportunity cost is:
Select one:
a. your enjoyment of the new tablet computer.
b. both the $100 and the your enjoyment of the new tablet computer.
c. $100.
d. impossible to determine.
Business
1 answer:
Keith_Richards [23]3 years ago
3 0

Answer:

The correct answer is a. your enjoyment of the new tablet computer.

Explanation:

The cost of opportunity is the alternative that you sacrifice when you choose an option.  It represent <u>the benefits that you misses out </u>on when choosing one alternative over another.  

In this case, the cost of opportunity is enjoy the tablet computer because that is what you left behind.  

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Assume a domestic company in the US, let's say Colgate-Palmolive, is deciding to export to a country where to date Colgate produ
MrMuchimi

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agent method of entry

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Agent method of entry will demonstrate lower fixed costs associated.

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5 steps in developing a research instrument
juin [17]

Answer:

Explanation:

Step 1 – Locating and Defining Issues or Problems. ...

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Step 4 – Interpreting Research Data. ...

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If Food Markets were to acquire Meat Processors, the acquisition would be classified as a _____ acquisition.
EleoNora [17]

Answer:

a. Vertical

Explanation:

The vertical acquisition means the acquisition where the company purchased one of the suppliers. Like the manufacturing company buys the product i.e. not fully developed so here for fully developed the company purchased out its supplier so this we called as a vertical acquisition

Now as per the given situation since the food markets would be purchased Meat processors so this represent the vertical acquistion

hence, the correct option is a.

5 0
3 years ago
Novak Corp. bought equipment on January 1, 2022. The equipment cost $390000 and had an expected salvage value of $35000. The lif
nirvana33 [79]

Answer:

$177,000

Explanation:

In order to find the book value of the equipment we need to find the amount of depreciation per year. To do this we need to subtract the salvage value from the initial cost and then simply divide by 5 which is the life span of the equipment...

(390,000 - 35,000) / 5 = x

355,000 / 5 = x

71,000 = x

Now we see that the equipment will depreciate by $71,000 per year. In three years the depreciation would be

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390,000 - 213,000 = 177,000

7 0
2 years ago
Assume a​ Cobb-Douglas production function of the​ form: q equals 10 Upper L Superscript 0.33 Baseline Upper K Superscript 0.75.
Gnesinka [82]

Answer:

Since 0.33 + 0.75 = 1.08 is greater than one, this production function therefore exhibits increasing returns to scale.

Explanation:

From the question, we have the following restated equation:

q=10L^{0.33} K^{0.75}

Where q is the output, and L and K are inputs

To determine the types of returns to scale, we increase each of L and K inputs by constant amount c as follows:

q = 10(cL)^{0.33}(cK)^{0.75}

We can now solve as follows;

q = 10c^{0.33+0.75} L^{0.33}K^{0.75}

q=c^{1.08} L^{0.33} K^{0.75}

Since 0.33 + 0.75 = 1.08 is greater than one, this production function therefore exhibits increasing returns to scale.

4 0
3 years ago
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