Answer: Work out at the gym
Explanation:
Opportunity cost of a decision is the next best alternative that would have been picked if the current decision wasn't made. For example suppose you would either eat chips or meat and you chose to eat meat. The chips are an opportunity cost of the meat.
In the same vein, the opportunity cost of going to library would be your next best (preferred) activity which in this case would be to work out at the gym.
In order words when you go to the library, you are giving up a chance to go to the gym.
Answer:
C.
Explanation:
C. Unitariy Elastic
Demand
For the building in option C.
Answer:
Explanation: Cost of equity can be defined as the return that the investors demand for bearing the risk of ownership in company's equity shares. It can be computed by using CAPM model which is represented as follows :-
cost of equity = risk free rate + beta *(market risk premium)
= 9.15%
Answer:
According to the one percent rule, you should set aside at least one percent of your home's value every year for home maintenance. For a $360,000 house, this works out to $3,600 per year, or $300 per month.
