1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
AleksandrR [38]
3 years ago
10

An owner of a landscaping business received extra income in the previous month. She is considering either buying a new lawnmower

or spending the money on an advertising campaign in order to increase business in the next few months. If the business owner chooses to spend the money on an advertising campaign, what will be the opportunity cost?
Business
1 answer:
Klio2033 [76]3 years ago
6 0

Answer:

The opportunity cost will be Buying a new lawnmower

Explanation:

Opportunity cost refers to the cost of a forgone alternative. In this scenario, since the owner of a landscaping business has decided to spend the extra income on advertising campaign in order to increase sales, the forgone alternative here becomes buying a new lawnmower.

You might be interested in
Aragon Company has just received the August 21, 2010 bank statement, which is summarized below.
Nina [5.8K]

Answer:

Complete solution in tabular form is given below for better understanding and demonstration.

7 0
3 years ago
The management approach of _____ was one of the first to recognize that enriching the lives of organizational and community fami
Flauer [41]

Answer:

Spaulding

Explanation:

  • Spaulding may be used to refer to the material. 1 People; 2 locations; 3 other uses; 4 See, too.
  • Spaulding Group offers advisory services for housing development and property development.
  • Under these types of firm people is hire who have good knowledge of property and real estate.
  • These people help and advise other people who want to purchase real estate.

6 0
4 years ago
Which of the following statements is TRUE? (economics)
Angelina_Jolie [31]

Answer:

c

Explanation:

Banks are other lending entity's has access to a customer borrowing history. Through credit rating agencies, a bank can know whether a customer has a bad history in making loan repayments.

When a customer takes up a loan, banks share that information with a credit rating agency. The agency updated its records with the customer's national identity, such as the social security number. The banks keep on updating agencies on how each customer is meeting their obligation. Credit card payments are considered as loans.

Credit agencies rates each customer creditworthiness by assessing how they been repaying their debts. A higher credit score means the customer repays his loans promptly without missing installments. The information of each customer is available to all banks and lenders upon request.

6 0
3 years ago
Tirri Corporation has provided the following information: Cost per UnitCost per PeriodDirect materials$ 7.05 Direct labor$ 4.20
Kazeer [188]

Answer:

Contribution margin per unit= $12.85

Explanation:

Giving the following information:

Direct materials$ 7.05

Direct labor$ 4.20

Variable manufacturing overhead$ 1.55

Sales commissions $ 1.15

Variable administrative expense$ 0.40

<u>To calculate the contribution margin, we need to use the following formula:</u>

Contribution margin per unit= selling price - total unitary variable cost

Contribution margin per unit= 27.2 - (7.05 + 4.2 + 1.55 + 1.15 + 0.4)

Contribution margin per unit= $12.85

8 0
3 years ago
The decision making process is best when?
valentina_108 [34]

Answer:

when u have 2 decide between 1 and another or when u r taking a test then u have make a decision

Explanation:

3 0
3 years ago
Other questions:
  • Med Max buys surgical supplies from a variety of manufacturers and then resells and delivers these supplies to dozens of hospita
    8·1 answer
  • Your estimate of the market risk premium is 9​%. The​ risk-free rate of return is 3.7​% and General Motors has a beta of 1.7. Ac
    10·1 answer
  • An employee receives an hourly rate of $30, with time and a half for all hours worked in excess of 40 during a week. payroll dat
    11·1 answer
  • A perfectly competitive firm_______.A. Chooses its price to maximize profits.B. Sets its price to undercut other firms selling s
    10·1 answer
  • How does a country’s GPD help you determine if it’s economy is strong or weak
    15·1 answer
  • Describe an example of a company that manufactures a product.
    14·1 answer
  • Using the percentage-of-receivables method for recording bad debt expense, estimated uncollectible accounts are $45,000. If the
    8·1 answer
  • According to the text, several new technologies are expected to have dramatic impacts on marketing. Among those cited are
    15·1 answer
  • The Summerlin Company reported pretax accounting income on its income statement as follows:
    5·1 answer
  • Buy now pay later catalogs for people with bad credit
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!