Answer: $450
Explanation:
Total tickets purchased = 2
The cost of one ticket three months ago = $100
Current price of one ticket = $225
Total cost of two tickets = $225 × 2
= $450
The opportunity cost is the benefit that is foregone by selecting some other alternative. So, here two options are available that either attend the concert or resell the ticket at $450. Therefore, the opportunity cost of attending the concert is $450.
Answer:
B. two strengths and one threat
Explanation:
SWOT is an acronym that stands for strengths, weaknesses, opportunities and threats.
SWOT analysis helps an organization assess it's competitive position and devise strategies accordingly. Such an analysis aids an enterprise in decision making and planning.
In the given case, availability of finance/capital conveys strength and so does availability of skilled installers.
The construction activity being at an all time low with residential properties being foreclosed depicts a threat.
Thus, the given scenario represents two strengths and one threat.
<span>Technological advances and environmental problems are sometimes connected because </span>new production technologies can have a far greater environmental impact than the ones they replace. An example is farm technologies which can cause environmental pollution.
Answer:
Risk is higher if a company has more assets.
Explanation:
All of the following statements are true and correct;
1. Higher financial leverage involves higher risk.
2. Risk is higher if a company has more liabilities.
3. The debt ratio is one measure of financial risk.
4. Lower financial leverage involves lower risk.
However, it is false and an absolutely incorrect to say risk is higher if a company has more assets.
A company having more assets would have a debt ratio less than one (1) because it has many assets to fund it's business. Thus, the company would have little or no debts and as such, it's risk portfolio is very low.
Hence, risk is lower if a company has more assets.
Correct answer is C, Pantry Chef.
The area where salads, cold appetizers, pates, canapes, terrines, etc are made is called Pantry. And the person who is in charge of this area is called the Pantry Chef.
A pantry chef is responsible for the making of the above mentioned food in the pantry area.
