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kotykmax [81]
3 years ago
10

Martin has given himself an entertainment budget of $5 per week. He has decided that each week he will spend that $5 by either a

ttending a matinee movie at his local theater or downloading five songs by one ofhis favorite artists. What is the non-monetary opportunity cost of seeing a movie this week?- Five songsOpportunity cost is:- The value of the opportunity that you give up when you choose one activity instead of another.In the circular model, only by selling resources _____ can obtain the income they need to buy the products they want to consume.- householdsA waste of resources that could have been used to produce something else occurs when:- MB < MCEconomics is the study of how individuals and societies allocate ____ resources among many competing uses.- limitedThe value of the next-best foregone alternative is the _______cost. - opportunity
Business
1 answer:
777dan777 [17]3 years ago
4 0

Answer:1.Factor services, 2 scarce resources, 3. opprtunity cost or real cost or true cost

Explanation:

Circular flow.of income: This is the system of how goods and services flow in for consumption by the households.it also shows the intrrelationship between the households and the business sector of the economy. From the diagram of the circular flow of income, the outer circle presented the flow of real services for productive agents such as land, Labour, capital and enterprise to the business sector.while the flow of goods and services are produced from the inner circle reflect the monetary aspect of what the outer circle produced.

Scarcity : This concept is used to explain how the human wants are unlimited, since human wants are unlimited so the resources to satisfy them are also limited . In order to solve the problem of scarcity, man has to make a choice by ranking his wants in their order of priority this is where we have the scale of preference.

Opportunity cost : This is the cost which described the cost of one product in terms of forgone alternatives. It is the alternative that is forgone in order to satisfy a want. For example a student who need a book that is costing $10, and a cloth that is also costing $10. If the student buys the book instead of the cloth, then the opportunity cost of his choice is the cloth that such student has forgone.

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A company’s weighted average cost of capital is 10.8% per year and the market intrinsic value of its debt is $33.1 million. The
VashaNatasha [74]

Answer:

C. $11.03

Explanation:

We need to first compute the firm's value which is shown below.

Firm's value = Free cash flow ÷ (Weighted average cost of capital - Growth rate)

Firm's value = $4.7 million ÷ ( 10.8% - 3.7%)

= $4.7 million ÷ 7.1%

= $66,197,183

Stock price = (Firm value - Debt) ÷ Number of shares

= ($66,197,183 - $33,100,000) ÷ 3,000,000

= $33,097,183 ÷ 3,000,000

= $11.03

4 0
3 years ago
Create a Painting class that holds the painting title, artist name, and value. All Paintings are valued at $400 unless they are
AlexFokin [52]

Answer:

#include<iostream>

#include<string>

#define N 10

#define M 4

using namespace std;

class Painting

{

protected:

string title;

string author;

int value;

public:

Painting(string Title="", stringAuthor="",int Value=400) {title=Title;author=Author;value=Value;}

void setTitle(string newTitle){title=newTitle;}

void setAuthor(string newAuthor){author=newAuthor;}

void display() {cout<<"Title:"<<title<<endl; cout<<"Author:

"<<author<<endl<<"Value:

"<<value<<endl;}

};

class FamousPainting:public Painting

{

public:

FamousPainting(string Title, stringAuthor, int Value=25000): Painting(Title,Author,Value){}

};

int main()

{

Painting *paintings=new Painting[N];

stringfamous[M]={"Degas","Monet",

"Picasso","Rembrandt"};

string title, author;

int i,k,j;

for(i=0;i<N;i++)

{

cout<<"Input title: ";

getline (cin, title);

cout<<"Input author: ";

getline (cin, author);

k=-1;

for(j=0;j<M;j++)

if(famous[j]==author)

{

k=j;

break;

}

if(k>=0)

paintings[i]=FamousPainting(title,author);

else

paintings[i]=Painting(title,author);

}

for(i=0;i<N;i++)

{

cout<<"Painting#"<<i<<":"<<endl;

paintings[i].display();

}

return 0;

}

Explanation:

6 0
3 years ago
When an organization develops integrated manufacturing systems such as advanced 10) manufacturing technology and just-in-time in
max2010maxim [7]

Answer: (E) Strategic human resource management.

Explanation:

 The strategic human resource management is one of the organization practices that developed various types goals, objective and the strategy of the human resource management.

The main aim of the human resource management is that it develop the organization culture, rewarding, innovation and also provide the advance flexibility.

They make the organization more stronger and effective by find out the talented employees and it is also known as the support system of an organization.

Therefore, Option (E) is correct.

8 0
3 years ago
on holiday weekends thousands of people picnic in state parks. some picnic areas become so overcrowded the benefit or value of p
tekilochka [14]

Answer:

a. tragedy of the commons

Explanation:

Based on the scenario being described within the question it can be said that the fee system corrects a problem known as the tragedy of the commons. This term describes a specific situation in a shared-resource system in which individuals go against the common good by depleting the shared resources through their collective actions in order to benefit their own self-interests.

8 0
2 years ago
Read 2 more answers
Economists define potential income as the level of income that: Group of answer choices an economy is capable of producing witho
andrey2020 [161]

Answer:

an economy is capable of sustaining or producing without generating higher inflation.              

Explanation:

In simple words, potential economy refers to that level of output or GDP that an economy can produce and sustain over  along term with its given level of inflation and resources available.

Potential income has to be maintained over a long term and is based on the assumption that all of the resources available, whether human or natural, will be utilized as according to their maximum utility power.    

6 0
3 years ago
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