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
AlladinOne [14]
3 years ago
8

Suppose that you have received $300 as a birthday gift. You can spend it today or you can put the money in a bank account for a

year and earn 5 percent interest. The opportunity cost of spending the money today, in terms of what you could have after one year, is:_____________________.
a. $0.
b. $15.
c. $305.
d. $315.
Business
1 answer:
lana [24]3 years ago
7 0

Answer:

B) $15

Explanation:

Opportunity costs are the extra costs or benefits lost that result from choosing one activity (or investment) over another alternative.

In this case, you have two alternative actions:

  • spend the $300 today on whatever you want
  • save the money and you will have $315 in one year (= $300 x 1.05)

If you choose to spend the money today, your opportunity cost = $300 (money available today) - $315 (money available in one year) = -$15

You might be interested in
When does a business make a profit?<br> A business makes a profit when its exceed its .
Rasek [7]

Answer:

when sales revenue exceed costs

Explanation:

8 0
3 years ago
Revocation of an offer is valid once it is __________________.
Amiraneli [1.4K]

Revocation of an offer is valid once it is <u>B. received</u> by the offeror (the person making the offer), meaning that it has been communicated to the other party by the offeree.

<h3>What is the revocation of an offer?</h3>

The revocation of an offer is the nullification or canceling of an offer by the offeree.  It becomes effective when the offeree communicates to the offeror before acceptance.

Once the revocation has been communicated, the offer is no longer considered valid and cannot legally be accepted. The implication is that revocation goes into effect immediately it has been communicated to the relevant party.

Thus, revocation of an offer is valid once it is <u>B. received</u> by the offeror.

Learn more about offer revocations at brainly.com/question/26532053

5 0
2 years ago
Read 2 more answers
If the marginal benefit of an activity is greater than marginal cost of an activety, then you are better off___
zloy xaker [14]

As long as the marginal benefits are higher than the marginal costs you are better off continuing the activity.

Consider the example of eating pizza. Each slice of pizza gives you happiness and helps fill you up (marginal benefit), but each slice also has lots of calories and fat (marginal cost). As long as you are still hungry and getting enjoyment from eating, you should keep eating. But once you reach the point where you are too full then you should stop, because the costs now outweigh the benefits.

3 0
4 years ago
In its first month of operations, McLanie Company made three purchases of merchandise in the following sequence: (1) 300 units a
Mila [183]

Answer:

the average unit cost:  $7.917

Explanation:

I think your question is missed of key information, allow me to add in and hope it will fit the original one.  

<em>In its first month of operations, McLanie Company made three purchases of merchandise in the following sequence: (1) 300 units at $6, (2) 400 units at $8, and (3) 500 units at $9. Assuming there are 200 units on hand at the end of the period. Calculate average unit cost. (Round answers to 3 decimal places, e.g. 5.125.)</em>

My answer:

Given:

  • 1) 300 units at $6, (2) 400 units at $8, and (3) 500 units at $9.

<=> Total units = 300 + 400 + 500 = 1200 units

<=> Total cost: 300*$6 + 400*$8 + 500*$9

= $1,800 + $3,200 + $4,500

= $9500

  • As we know that, the average unit cost:

= Total cost / total units

=$9,500 ÷ 1,200 = $7.917

Hope it will find you well.

<em />

6 0
3 years ago
Marine Expeditors has three divisions. Division A is the core of the business and represents 80 percent of the firm's operations
siniylev [52]

Answer: 100%

Explanation:

The Weighted Average Cost of Capital calculates the required return needed to fund any of the company's projects because it shows the cost of capital of raising funds for that project.

The cost does not increase or decrease based on the proportion of a business that a department is as any department/ project will incur that cost. The cost of the new project will therefore be the same as the company WACC.

8 0
3 years ago
Other questions:
  • Rank these jobs in the Law, Public Safety, and Security career cluster based on years of schooling required, from most to
    15·1 answer
  • What is the pricing objective of a firm that adjusts price levels so it can increase sales volume to match organizational expens
    12·1 answer
  • The following information will be used for 2 questions on this exam: Charlotte Corporation's management keeps track of the time
    10·1 answer
  • When the central bank decides to increase the discount rate, the:?
    13·1 answer
  • How auto insurance companies manage risk ?<br>​
    10·2 answers
  • You only have $10 to spend for the week. You decide to spend $8 on a movie instead of buying an $8 pizza. a. What is the scarce
    14·1 answer
  • Kodak resisted making changes as the photography environment was moving from chemical to digital processes. Its ___ prevented th
    9·1 answer
  • Match each type of lending institution to its description.
    15·1 answer
  • In what industry is labour likely to be the most important factor of production
    13·1 answer
  • The following strategy(ies) could be used to sustain the value provided by an organization: Group of answer choices Run Strategy
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!