Answer:
20.50
Explanation:
because its in between both numbers
LeBron James is one of the best basketball players in the country, was selected by the Cleveland Cavaliers as the first pick in the 2003 NBA draft, signing a three-year contract worth almost $13 million, with an option for a fourth year at $5.8 million. Had he decided to attend college instead, James would have incurred an opportunity cost of at least $19 million in forgone income to earn a four-year college degree.
Opportunity cost is the value you would gain or lose if you choose a different path or solution. The opportunity cost in this scenario is deciding to play in the NBA since college was too expensive. LeBron James ultimately saved time and money by taking the detour because he received a contract worth close to $13 million; otherwise, he would have had to pay more and spend more time attending a four-year college.
LeBron's decision to join the NBA right after high school graduation has an opportunity cost because he might have attended a four-year university or college instead. He was chosen by the Cleveland Cavaliers as the first overall choice in the 2003 NBA Draft
To learn more about Opportunity cost here,
brainly.com/question/13036997
#SPJ4
According to analyzes by the Bureau of Labor Statistics, there will be expansion of complex goods and services, which require greater education in their production and marketing. Thus, these services tend to cater to those people who have the resources to pay for it. This means that the rapid expansion of services expected over the next five years will focus on the richest. Healthcare, education and leisure firms will tend to produce more personalized services to increase their profitability. This is basically the market logic of the economy.
Answer:
If a company produces, promotes, and sells bags made of recycled paper, which concept is it using?
The concept used by the company that produces, promotes, and sells bags made of recycled paper is societal marketing concept
Explanation:
This concept simply entails running of a long term interest which does not only suits customers wants alone but also makes the priority of the company paramount.
Answer:
What was the amount of credit sales during May? $ 60200
Explanation:
April Deb Cre May
Account receivable 31200 66400 25000
31200 60200 66400 25000
Credit 66400 +
may-31 25000 +
apri-30 -31200 -
= 60200
