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denis-greek [22]
3 years ago
8

Jose and Maria work at a restaurant. Jose can make either 10 pancakes or 4 waffles; Maria can make either 8 pancakes or 2 waffle

s. According to this scenario, the opportunity cost of making one waffle for Maria is
Business
1 answer:
masya89 [10]3 years ago
3 0

Answer:

The cost of opportunity is 4 pancakes.

Explanation:

The cost of opportunity is by definition the amount of things you don't do or buy, because of choosing doing or buying something else. In this case, Maria can make:

  • 8 pancakes
  • 2 waffles

This means that at every moment, she can choose to make or 8 pancakes or 2 waffles, but not both. If we continue with this logic, in the time she could make 1 waffle, she could have chosen to make 4 pancakes. This is her cost of opportunity.

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Arturiano [62]
The answer to this question is "GAIN: $2,000". Hence when a United States<span> firm sells merchandise today to a British company for £100,000. the current exchange rate is $2.03/£, the account is payable in three months, and the firm chooses to avoid any hedging techniques designed to reduce or eliminate the risk of changes in the exchange rate. if the exchange rate changes to $2.01/£ United States firm will realize a GAIN of $2,000.</span>
5 0
3 years ago
In the rational choice decision process model, which of the following immediately follows the step where possible choices have b
nata0808 [166]

Answer:

Correct Answer:

b. Select the choice with the highest value.

Explanation:

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3 years ago
If the required reserve ratio
Radda [10]

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4

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5 0
3 years ago
QUESTION 10 of 10: You have been promoted to buyer for a mall-based fashion retailer. With your promotion, you will earn an addi
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6.9% or 14.5%

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8 0
3 years ago
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nordsb [41]

Answer:

has all of these features.

Explanation:

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3 years ago
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