Answer: Opportunity cost is the loss of potential gain from other alternatives when one alternative is chosen.
Explanation: Here is some examples :)
(1) The opportunity cost of the funds tied up in the one's own business is the interest (or profits corrected for differences in risk) that could be earned on those funds in other ventures.
(2) The opportunity cost of the time one puts into his own business is the salary he could earn in other occupations (with a correction for the relative psychic income in the two occupations).
(3) The opportunity cost of using a machine to produce one product is the earnings that would be possible from other products.
I hope this helps!
Answer:
no 20
Explanation:
you have to sing happy birthday two times to be done
Answer:
(B) a cash cow
Explanation:
Based on the information provided within the question it can be said that in this scenario AI Rubber would be considered a cash cow. This term refers to a business and/or product that generates a steady revenue or profit for the owning company or individual. Since AI Rubber has a 45% market share we can say that they are the cash cow of the corporation.
Answer:
Gross Income:
= Earned wages + Interest from savings + Interest on home mortgage
= 93,260 + 1,340 + 4,500
= $99,100
Adjusted gross income:
= Gross income - Tax deferred plan - State taxes
= 99,100 - 6,300 - 1,359
= $91,441
Taxable income
= Adjusted gross income - Personal exemption - Standard deduction - Charity contribution
= 91,441 - 3,500 - 7,800 - 2,500
= $77,641
Answer:risk control
Explanation:Risk control is a step in the hazard management process. It involves finding a way to neutralize or reduce an identified risk.
Risk control begins with a risk assessment to identify the presence and severity of workplace hazards. Employers must then implement the most effective controls available.
In order of effectiveness (from most effective to least), risk control methods include:
Elimination: removing the risk entirely
Substitution: swapping an item or work process for a safer one (for instance, switching to an industrial cleaner that poses fewer respiratory risks)
Engineering controls: modifications to the environment or equipment that poses the risk (such as installing mirrors in warehouses or machine guards on circular saws)
Administrative controls: modifications to the workflow or work process (for example, rotating employees through several different work tasks to prevent repetitive stress injuries)
Personal protective equipment: safety gear worn by the workers, such as hard hats, safety glasses, and chemical-resistant gloves