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Butoxors [25]
3 years ago
11

Opportunity cost is defined as the: a. ​value of all alternatives not chosen. b. ​difference between the benefits from a choice

and the benefits from the next best alternative. c. ​value of the best alternative not chosen. d. difference between the benefits from a choice and the costs of that choice. e. ​dollar cost of what is purchased.
Business
1 answer:
Whitepunk [10]3 years ago
5 0

Answer:

The correct answer is letter "C": value of the best alternative not chosen

Explanation:

Opportunity costs represent the return of the option chosen compared to the options that were forgone. <em>It can also be described as the return of the next best available option after having selected one</em>. Opportunity costs help individuals to find out what they "left on the table" after taking a certain decision.

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URGENT!!!
Gwar [14]

so,nominally,................... (copied by :- @-Venkatesh Rao cheap tricks-)

3 0
3 years ago
In order to help their employees move from one job to another, and in order to meet the challenges of a global economy, corporat
lilavasa [31]

In order to help their employees move from one job to another, and in order to meet the challenges of a global economy, corporations must offer retraining program as part of their employee development programs.

To meet the challenges of a global economy and to help employees move from one job to another corporations must offer retraining as part of employee development programs. Training and development is considered vital because it allows employers to pinpoint skills and knowledge they want in their employees. These trainings not only educate the employees but also provide updates on existing skills to increase productivity. Every business has different needs to retain their employees to meet their internal and external challenges.

These trainings to retain the employees are proved to be fruitful

  1. When there is a talent gap in your organization.
  2. When improvement is required in certain areas.
  3. When training becomes essential in certain programs.

Therefore corporations must offer retraining to help employees move from one job to another and meet global challenges.

You can learn more about retraining at

brainly.com/question/14435353

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6 0
1 year ago
Engberg Company installs lawn sod in home yards. The company’s most recent monthly contribution format income statement follows:
GaryK [48]

Answer:

See answer below

Explanation:

1. Degree of operating leverage

Selling price $126,000

Variable cost $50,400

Contribution margin $75,600

Fixed cost $23,000

Net operating income $52,600

Degree of operating leverage = Contribution margin / operating income = $75,600 / $52,600

= 1.44

8 0
3 years ago
What is<br> the relationship between supply and<br> demand and price ?
valina [46]

The more supply the lower the price

The higher the demand the lower the supply

The higher price the lower the demand

5 0
3 years ago
Read 2 more answers
A newly created design​ business, Teri's​ Art, is finishing its first year of operations. During the​ year, credit sales were $4
Vikentia [17]

Answer:

the bad debt expense is $900

Explanation:

The computation of the bad debt expense is shown below:

bad debt expense is

= Written off amount + estimated uncollectible amount at the year end

= $650 + $250

= $900

We simply added the above two items so that the amount of the bad debts for the first year could come

Hence, the bad debt expense is $900

7 0
3 years ago
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