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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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From the analysis made in the question, we can deduce that Apple probably looks to hire people who are innovative and detail-oriented.

A detail oriented person pays attention to every little details and tries as much as possible to avoid mistakes and is very close to being described as a perfectionist.

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3 years ago
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Sally and Andy are partners in Just Hats, LLC. Andy works in the business for an agreed salary draw of $4,000 per month. Sally h
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Answer:

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Explanation:

Sally invested $200000 and Andy invested $100000, which means Andy's  investment is half of Sally's investment. So he will receive the half of what Sally will get.

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