All categories

3 years ago

One method for studying opportunity cost is to think in terms of

Business

2 answers:

Vesnalui [34]3 years ago

7 0

Answer:

A. Risk and Benefit

Explanation:

QveST [7]3 years ago

4 0

The answer is "cause and effect" and "risk and benefit" terms to study the opportunity cost. The opportunity cost is a term used for describing the cost that might be occurred from choosing several options. Each of the options has its "cause and effect" and "risk and benefit" to consider in order to determine the opportunity cost.

You might be interested in

Interest can be regarded as the Group of answer choices

Studentka2010 [4]

Answer:

Option (b) is correct.

Explanation:

Interest refers to the amount of money that a lender can earn on giving the loans to the borrowers. Borrower is a person who is liable to pay the interest on the borrowing amount.

Normally, a person is borrowing money or funds from the lender for making investment in a certain types of capital goods.

Interest rate refers to the rate at which lender lends its loanable funds to the borrowers.

4 0

3 years ago

Prior to the 1870s, both gold and silver were used as international means of payment and the exchange rates among currencies wer

SashulF [63]

Answer:

the exchange rate between U.S. dollar and German mark be under this system will be of 3 U$D = 1 german mark

Explanation:

We will use gold and silver as a mean to equalize both currencies:

First equivalence between silver and gold:

90 francs = 1 ounce of gold

9 franc = 1 ounce of silver

90/9 = 10 ounce of silver equals 1 ounce of gold.

Now, we convert the german mark to gold:

1 german mark = ounce of silver

10 german mark = ounce of gold.

Finally, we equalize with the US dollars:

30 dollar = ounce of gold = 10 german mark

30 dollars = 10 german mark

3 dollars = 1 german mark

4 0

3 years ago

The open-economy macroeconomic model examines the determination of a. unemployment and the exchange rate. b. the output growth r

Andrei [34K]

Answer:

c. the trade balance and the exchange rate.

Explanation:

An Open Economy is an economy that allows the free inflow and outflow of goods, services, capital and people. The opposite of a closed economy.

What sets these two models apart is that in an open economy, both imports and exports are allowed, so that countries necessarily have to trade in more than one currency, so the exchange rate must be examined. In addition, business transactions are recorded in a balance of payments. So these are the two concepts that are not tried in a closed economy analysis, but are introduced in an open economy.

3 0

3 years ago

Brenda’s Boards manufactures skateboards. Each skateboard sells for $45 and includes the following expenses: $3 for the wheels a

fredd [130]

$450 is the answer.

The total revenue the company earns after selling 10 boards is $450.

Further Explanation:

Total Revenue:

Total revenue refers to the total receipts or the income after selling the product.

Total profit:

Total profit refers to the amount subtracted by the total cost of the firm from the total revenue of the firm. Total profit is the excess of the total cost from the total revenue.

Total cost:

Total cost refers to the cost of making the product which is being bear by the company or the owner of the firm. Total cost is the cost of making the product.

Total Revenue = Cost of selling one skateboard × Total number of skateboards

= $45 × 10

= $450

Therefore, Total Revenue is $450.

Thus, the total revenue the company earns after selling 10 skateboards is $450.

Learn More:

1. Revenue from property taxes

brainly.com/question/2689578

2. Variable costing

brainly.com/question/9203162

3. Owning a car

brainly.com/question/2684773

Answer Details:

Grade: High School

Chapter: Total profit

Subject: Accountancy

Keywords: Brenda’s Boards manufactures skateboards. Each skateboard sells for $45 and includes the following expenses: $3 for the wheels and mounts, $1 for the plastic board, $1 for the paint, and $10 for the labor. What is the total revenue the company makes after selling 10 boards? $300 $350 $400 $450.

5 0

3 years ago

Read 2 more answers

During the current year, merchandise is sold for $137,500 cash and $425,600 on account. the cost of the merchandise sold is $322

LenKa [72]

The gross sales margin equals 42.76%

The formula to calculate the Gross Sales Margin is (Revenue - Cost of Goods Sold) / Revenue

Revenue = $137,500 + $425,600 = $563,100

($563,100 - 322,325) / 563,100 =

240,775 / 563,100 = 42.76%

4 0

4 years ago