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2 years ago

The opportunity cost to a consumer who smokes cigarettes is the:

Business

1 answer:

andreyandreev [35.5K]2 years ago

6 0

Answer: d. Products the consumer could have bought instead of cigarettes.

Opportunity cost refers to the loss benefits from the choices a person would have made if he or she had not made a particular choice.

Opportunity cost is also known as alternate cost.

In this question, had the consumer would have spent on other products if he had not bought cigarettes. Hence these products represent the opportunity cost of cigarettes.

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Gold Peak is a brand of iced tea introduced by Coca-Cola North American and intended to taste like the tea ""Mom used to brew.""

Lostsunrise [7]

Answer:

The correct answer is introductory.

Explanation:

In short, it is the stage where the conception, definition and experimental period of the product is fixed, studies say that more than 70% fail to launch to the market. It is characterized by:

Low sales volume
Great technical, commercial and communication investment.
Great effort to fine-tune the manufacturing means.
Difficulties to introduce the product in the market.
Low saturation of your potential market.
Few bidders.
Special dedication of the sales team.

In summary, this phase is characterized by a negative profitability due to the great resources that are necessary to manufacture, launch and refine the product, compared to the sales volume achieved.

7 0

2 years ago

the burden of a tax falls entirely on sellers if group of answer choices the price elasticity of demand is unitary elastic the p

nadezda [96]

B) If the price elasticity of demand is zero, then all of the tax burdens fall on the sellers (perfectly inelastic).

<h3><u>How does price elasticity work?</u></h3>

A measure of a product's consumption change in response to a price change is called price elasticity of demand. Price elasticity is a tool used by economists to analyze how changes in a product's price affect its supply and demand. Supply has an elasticity similar to demand, and it's called the price elasticity of supply.

The relationship between a change in supply and a change in price is referred to as price elasticity of supply. By dividing the percentage change in quantity supplied by the percentage change in price, it is determined. What products are produced at what prices depends on the interaction of the two elasticities.

Learn more about price elasticity with the help of the given link:

brainly.com/question/13565779

#SPJ4

8 0

2 months ago

Fabiola, who lives in mexico city, fills her car with gas, paying 357 pesos for 40.0 l. what is her fuel cost in dollars per gal

77julia77 [94]

Answer:

Fabiola pays 27.0963 dollars for 8.79877 gallons of fuel.

Step-by-step explanation:

We are given that,

Fabiola pays 357 pesos for 40 liters of fuel.

It is required to convert the amount in dollars.

Since, we know that,

1 peso = 0.0759 dollars

So, 357 pesos = 0.0759 × 357 = 27.0963 dollars

Moreover,

1 liter = 0.219969 gallons

So, 40 liters = 0.219969 × 40 = 8.79877 gallons

Thus, we get that,

Fabiola pays 27.0963 dollars for 8.79877 gallons of fuel.

4 0

2 years ago

Read 2 more answers

An investor purchased 100 shares of the cdl growth and income fund 3 years ago when the pop was $12 and the nav was $11.50. all

Norma-Jean [14]

The investor will show a capital loss of $155.

We gather the following information from this question:

Pop of the fund three years ago : $12

NAV of the fund three years ago : $11.50

Current Pop : $11

Current NAV : $10.45

Number of shares : 100 shares.

We need to calculate capital loss or gain on the 100 shares in the mutual fund.

While taking the cost per unit, <u>we need to consider the public-offer-price (pop) into consideration, since an investor can only buy the shares at pop</u>.

Similarly, while selling the shares, the <u>shareholder can liquidate his position by selling back to the mutual fund at the NAV prevailing at the end of the business day</u> on which he wants to sell.

So, the formula to calculate capital gain or loss is:

$Capital gain or (loss) = (NAV per unit at liquidation - POP at purchase ) * No. of shares$

$Capital gain or (loss) = ($10.45 - $12 ) * 100$

$Capital gain or (loss) = ($155)$

3 0

2 years ago

Jamie would like to identify the similarities and differences among seven different types of flowers. Jamie should use a Venn di

expeople1 [14]

Jamie cannot use the Venn diagram as the best compare and contrast graphic organizer for his project. Thus, The correct answer is False.

<h3>What is a Venn diagram?</h3>

Venn diagram is used to compare elements of the same type. This includes cross-sectional circles where you write features that do not include each element, as well as the common ones.

This type of diagram is recommended when comparing two or three elements because you need a circle or space for each element, so it is not possible to compare several elements.

Thus, it is a lie to say that Jamie should use the Venn diagram in his project, because he needs to compare seven types of flowers and this does not happen using the Venn diagram, instead he should use a chart or similar that allows him to compare multiple elements. The correct answer is False.

To learn more about the Venn diagram, refer to the link:

brainly.com/question/26090333

6 0

1 year ago