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Roman55 [17]
3 years ago
9

What is the opportunity cost in this scenario​

Business
1 answer:
FrozenT [24]3 years ago
6 0

Answer: The correct answer is visiting Ouro Preto.

Explanation: Opportunity Cost is what a person misses out on when another option is chosen. In this case Mikael chose to pay the extra $200 for the transportation. In order to do this he had to give up $200 in sightseeing. The sightseeing experience of visiting Ouro Preto is the Opportunity Cost in this scenario.

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Theoretically, a company comparing multiple projects with similar investment requirements and durations would select projects wi
Elden [556K]

Answer:

D.)

the highest IRR

Explanation:

Here are the options to the question :

A.)

the IRR that is closest to zero

B.)

a negative IRR

C.)

the lowest IRR

D.)

the highest IRR

IRR is a capital budgeting method.

Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested

The higher the IRR, the more profitable the project is.

In the absence of certain restrictions, the project with the highest IRR should be chosen

4 0
3 years ago
Conley Company has fixed costs of $8,151,000. The unit selling price, variable cost per unit, and contribution margin per unit f
cluponka [151]

Answer:

Explanation:

Zoro is 80% and 20%, respectively. Determine the break-even point in units of Yankee and Zoro.

5 0
3 years ago
Joe is a pizza delivery worker. the pizza shop he works for has a 30 minutes or less delivery guarantee or else the customer doe
USPshnik [31]
If Joe has good morals he would stop and help the women. He could have the money taken out of his pay check to possible keep his job but if he does not stop and help the women he will have live with his decision for the rest of his life, the guilt would eat him alive. He can always get another job but we only have one life to live and if he could help save someone else, he should do that. 
7 0
3 years ago
Certain industries of the U.S. economy, such as farming and heavy equipment manufacturing, have experienced a significant declin
Zolol [24]

Answer:

B. Workers lost these jobs because technological advances increased productivity.

Explanation:

The employees lost employment due to the increased efficiency of technological progress. By improving the productivity of manufacturing drivers, technological advancement expands an economic limit on the possibility of production, allowing equivalent output to be manufactured with fewer resources or more output to be manufactured with the same quantity of resources. For example a machine component that takes 5 men to lift and 10 to assemble in 5 minutes just takes a single machine that doesn't receive wages apart from lubricant a minute to lift and assemble perfectly. Definitely machines are replacing humans to increase efficiency and productivity. Only few humans are employed to supervise and monitor.

7 0
3 years ago
Osion Electronics Inc. incurs a cost of $350 to produce one unit of a cell phone. The company's management has priced the produc
Vsevolod [243]

Answer:

The economic value establish in this case is $450

Explanation:

Economic value is the term which is defined as the computation of the profits an asset has either manufactured or might produce in the future. It is that measure of the product or service benefit provide the economic agent.

For computing the economic value as:

EV (Economic value) = (Actual rate of return - Cost of Capital) × Net Investment

where

Actual rate of return is $800

Cost of capital is $350

Net Investment is nil

Putting the values above:

EV = $800 - $350

EV = $450

7 0
4 years ago
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