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olasank [31]
3 years ago
11

In the lesson, you learned about Dave and his bakery. It was mentioned that “in one hour of work, Dave can make either 60 donuts

or 30 bagels.” Which might help Dave assess whether he should focus on bagels or donuts?
a. It costs less to make bagels.
b. Customers prefer donuts.
c. Dave charges more for bagels.
d. Donuts cost more to produce
Business
1 answer:
MAXImum [283]3 years ago
5 0
B. customers prefer donuts.
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If the tiny nation of Lorland devotes all its resources to strawberries, it can produce 16 strawberries per day. If it devotes a
zysi [14]

Answer:

The opportunity cost of 1 balloon in Lorland is = 0.20 strawberries.

Explanation:

The opportunity cost of 1 balloon refers to the number of strawberries Lorland needs to sacrifice in order to produce 1 balloon. From the given information, we know that Lorland needs to sacrifice 16 strawberries for 80 ballons. So, for 1 balloon, it needs to sacrifice 16/80 = 1/5 = 0.20 strawberries.

So, the opportunity cost of 1 balloon in Lorland is = 0.20 strawberries.

8 0
4 years ago
You just purchased a brand new BMW 7-series for $97,600 using a dealer loan at an interest rate of 6.75 percent and zero down pa
Ivenika [448]

To calculate the loan balance after making the third payment, we use the future value concept, which shows the balance as $61,153.54.

<h3>What is the future value concept?</h3>

The future value concept describes the idea that the present value of cash flows today are not worth the same as their future value because of the time value of money.

The future value can be computed using the following future value formula:

FV = PV(1+r)^{n}

FV = future value

PV = present value

r = annual interest rate

{n} = number of periods interest held

Alternatively, we can use an online finance calculator to determine the future value of the loan after the third payment as follows:

<h3>Data and Calculations:</h3>

N (# of periods) = 7 years

I/Y (Interest per year) = $6.75

PV (Present Value) = $97,600

FV (Future Value) = $0

<u>Results:</u>

Annual Payment = $16,817.29

Sum of all periodic payments = $117,721.04 ($16,817.29 x 7)

Total Interest = $20,121.04 ($117,721.04 - $97,600)

Balance after the third payment = $61,153.54

<h3>Schedule of Payment:</h3>

Period     PV                  PMT            Interest               FV

1       $97,600.00      $16,817.29      $5,452.83      $86,235.54

2      $86,235.54      $16,817.29      $4,685.73        $74,103.98

3      $74,103.98       $16,817.29      $3,866.85        $61,153.54

4       $61,153.54      $16,817.29      $2,992.70       $47,328.95

5     $47,328.95      $16,817.29      $2,059.54         $32,571.19

6      $32,571.19      $16,817.29        $1,063.39        $16,817.29

7      $16,817.29      $16,817.29        $0.00                $0.00

Thus, the loan balance after making the third payment is $61,153.54.

Learn more about determining the loan balance at brainly.com/question/22846480

8 0
3 years ago
All of the following statements are true EXCEPT:_________.
ale4655 [162]

Answer:

D. the demand for Nike running shoes is less elastic than the demand for shoes.

Explanation:

In this the substitutes would be more for the particular brand rather than the normal running shoes. Since the demand of running shoes might be less elastic as compared to the demand of nike running shows because the consumer shifted from the nike to other brand that are popular. Plus, the elasticity of demand for running shoes is considered to be inelastic as there is many subsitutes

So, the option d is correct

6 0
3 years ago
An organization looking for general agreement on ethical practices might take what step?
Kisachek [45]

An organization looking for general agreement on ethical practices might:<u> establish an ethical code of conduct.</u>

<h3>What is establish an ethical code of conduct?</h3>

Ethical code of conduct can be defined as a set of guidelines, policy, rules and regulation that a person is expected to follow and abide by in an organization.

This code of conduct enables us to know the organization norms and values as well  what is right and what is wrong which in turn means that it enables us to know the right things to do and thing to to avoid.

The code of conduct encourage ethical act which is to be honest and to have integrity among others and as well discourage unethical behavior in an organization which is why most organization has ethical code of conduct that enables their employee or workers to known the ethical ways they should behave.

Therefore an organization looking for general agreement on ethical practices might:<u> establish an ethical code of conduct.</u>

Learn more about establish an ethical code of conduct here:brainly.com/question/28465686

#SPJ1

4 0
2 years ago
Jules quit his job at a software company. Explain if he can collect unemployment insurance.
kow [346]
No you cannot collect unemployment if you quit your job.
3 0
4 years ago
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