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9966 [12]
3 years ago
14

59. Chapter ma2pe08r, Section .11, Problem 069 (ID: 069.01.1 - MC - MANK08) College-age athletes who drop out of college to play

professional sports a. are not rational decision makers. b. are well aware that their opportunity cost of attending college is very high. c. are concerned more about present circumstances than their future. d. underestimate the value of a college education.
Business
2 answers:
ZanzabumX [31]3 years ago
5 0

Answer:

B) are well aware that their opportunity cost of attending college is very high.

Explanation:

Opportunity costs refer to the extra costs or benefits lost from choosing one activity or investment over another alternative.

When we are talking about college athletes, that might mean a lot of money, since staying at college means that they will not be able to play professionally. Professional sports leagues use rookie contracts which are generally "cheap" to try to discourage college students form dropping out, but still those cheap contracts have 5 zeros.  

Many players are concerned about their careers being too short and others are simply eager to become rich. So many decide to drop out of college and enter the draft.

notka56 [123]3 years ago
4 0

Answer:

b. are well aware that their opportunity cost of attending college is very high.

Explanation:

Since the College-age athletes are able to play professional sports; (which is one of the things an athlete longs for in his career) without finishing college. Going back to college would seem like a waste of time to them because they have achieved a milestone even without finishing college.

Hence, they are well aware that their opportunity cost of attending college is very high.

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A stock has a correlation with the market of .45. The standard deviation of the market is 21%, and the standard deviation of the
sashaice [31]

Answer:

0.74

Explanation:

The calculation of the stock beta is shown below:

= Stock Correlation with the market × (Standard deviation of the stock ÷ standard deviation of the market)

= 0.45 × (35% ÷ 21%)

= 0.74

Simply we divide the standard deviation of the stock by the standard deviation of the stock and then multiplied it by the stock Correlation with the market so that beta can arrive

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3 years ago
Kwok Enterprises has the following income statement. How much after-tax operating income does the firm have? Sales $2,050 Costs
tester [92]

Answer:

Sales                                  2,050

Costs                                  (1,400)

Depreciation                      <u>(250)</u>

EBIT                                     400

Interest expense                <u> (70)</u>

Earnings before tax             330

Tax @ 25%                           <u>(82.50)</u>

After-tax operating income <u>247.50</u>

Explanation:

The after-tax operating income equals sales minus costs minus depreciation minus interest expense minus tax.

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When guy uses cancer-causing chemical solvents to clean machinery at his auto body and paint shop, he wears thick rubber gloves,
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What forces businesses industries and governments to make decisions
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Businesses and industries need to make decisions to make a profit and to benefit the world.
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alachi is a manager at a home goods store. he subscribes to theory x. in managing his employees, he is most likely to
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Alachi is a manager at a home goods store. he subscribes to theory x. in managing his employees, he is most likely to assume the average worker prefers to be directed.

<h3>What is Management Style?</h3>

There are many management styles and it depends on the mind mindset off employer or manager, a manager with theory X assumes that the employees does not like to work and there needs to be directed, they can only be motivated with salary. While the manager theory Y assumes that the employees like their job and are responsible for the work they do, they need some guidance but are responsible for the work, they can be motivated with appraisals, appreciations and more rewards.

Alachi as a manager is a theory X manager and assumes that the workers prefers to be directed and therefore he would delegate the task and provide the complete guidance to them.

Learn more about Management style at brainly.com/question/27207232

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7 0
1 year ago
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