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RUDIKE [14]
2 years ago
9

Lucia and Kenji need to decide which one of them will take time off from work to complete the rather urgent task of shearing the

ir llamas. Lucia is pretty good with a pair of shears; she can shear the llamas in 1 hour. Kenji is somewhat slow; it takes him 4 hours to shear the llamas. Lucia earns $120 per hour as a psychiatrist, while Kenji earns $20 per hour as a cobbler.
Keeping in mind that either Lucia or Kenji must take time off from work to shear the llamas, who has the lowest opportunity cost of completing the task?
a. Lucia and Kenji face identical opportunity costs
b. Kenji
c. Lucia
Business
1 answer:
skelet666 [1.2K]2 years ago
8 0

Answer:

B. Kenji has the lowest opportunity cost.

Explanation:

The opportunity cost is those resources that a person gives up when making a choice or making a decision.  If Lucia stopped working for an hour, stop receiving $ 120 . Otherwise, If Kenji stops working four hours, to shear the llamas, he stops receiving $ 80. Then, his opportunity cost is the lowest.

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In 2002, a Swedish home electrical appliance manufacturer decided to use the same advertising message wherever it advertised aro
ella [17]

Answer:

Global advertising

Explanation:

Global advertising -

It refers to the method of popularizing a specific goods or services to the whole world , is referred to as global advertising .

Only specific companies or business are able to advertise their products on the global platform and earn some profit .

The example are -

Microsoft , Coca cola , McDonald's etc .

Hence , from the given scenario of the question ,

The correct answer is Global advertising .

7 0
3 years ago
Product warranties, effects of environmental problems, and lawsuits are examples of transactions or events that give rise to
Rama09 [41]

Product warranties, effects of environmental problems, and lawsuits are examples of transactions or events that give rise to Contingency.

<h3><u>What is Contingency?</u></h3>
  • A contingency is the potential possibility of a bad event, such as a pandemic, economic downturn, natural disaster, fraud, or terrorist attack. The coronavirus outbreak that struck businesses in 2020 made many employees reliant on remote work.
  • Companies had to adopt a remote work strategy as a result. Working remotely wasn't an option for some organizations, though, and as a result, increased security measures for both employees and clients were put in place to stop the virus from spreading.

Although contingencies can be planned for, it is often impossible to predict the kind and breadth of such unfavorable events in advance. Businesses and investors conduct analyses and put defensive measures into place to prepare for potential possibilities.

Know more about Contingency with the help of the given link:

brainly.com/question/17275335

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4 0
2 years ago
The discount rate is the interest rate charged by:_______.
disa [49]

Answer:

B

Explanation:

I believe it is the interest rate the federal reserve uses for loaning to banks. Its the minimal rate, also.

5 0
3 years ago
Ray, a manager at Senzel Inc., wants to implement a new software in the company's processes. This software will help him monitor
Airida [17]

Answer:

C . Consulting

Explanation:

Ray, a manager at Senzel Inc. is utilizing consulting skills.

The lower-level managers he discusses with in order to understand the effect the software will have on the internal environment of the company refers to the CONSULTANT in this scenario.

Consulting can be defined as the process of giving advice or seeking the help of professionals regarding a particular subject in a specific field.

Consulting means to engage in the business of giving advice to professionals in a particular field.

Consulting is the act of helping people to solve problems of moving from their current level to their desired level.

A consultant refers to a professional who renders the service of giving advice to people in a particular field mostly in exchange for a fee.

4 0
3 years ago
Jeremy earned $100,000 in salary and $6,000 in interest income during the year. Jeremy’s employer withheld $11,000 of federal in
Alenkinab [10]

Answer:

Answer is explained below.

Explanation:

Description                                       Amount      Computation

(1)Gross Income                               $106,000 $100,000 Salary+ $6000 Interest income                                                                

(2)For AGI Deductions                             0  

(3)Adjusted Gross Income                $106,000 (1) - (2)

(4)Standard Deduction                           $18350        Head of Household

(5)Itemized deductions                            $7,000  

(6)Greater of standard deduction            ($18350) (5)<(4)

and itemized deductions

(7)Taxable Income                                      $87650 (3) + (6)

(8)Income Tax liability                                $13,790  ($87,650                          -$84,200)×24%+$12,962(See tax rate schedule for head of household)

(9)Child Tax credit                                    ($2000)  

(10)Tax withholding                               ($11000)  

Income Tax liability                                $790 (8) + (9) + (10)

4 0
3 years ago
Read 2 more answers
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