1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Stella [2.4K]
3 years ago
6

A test is scheduled for Monday morning, but you went to a party on Saturday night. If you hadn't attended the party, you could h

ave studied for the test or gone to a movie. Which of the following sentences is true?
a. The opportunity cost of going to the movie is studying for the test.
b. The opportunity cost of going to the party is the movie.
c. The opportunity cost of going to the party is both the movie and the study time.
d. Because you could go to the party only that night but could go to a movie any time, the opportunity cost of the party is the study time.
e. From the above information it's not possible to determine the opportunity cost of attending the party.
Business
1 answer:
Neporo4naja [7]3 years ago
6 0

Answer:

C) The opportunity cost of going to the party is both the movie and the study time.

Explanation:

Opportunity costs are the costs (or lost benefits) from choosing one alternative activity or investment over another.

In this case, if you decide to go to the party on Saturday night, you will not be able to go to the movies and you will not be able to study for your exam.

You might be interested in
Mr. Draper is the hiring manager of a large corporation. He has been asked to recruit two new sales executives for the firm spec
balandron [24]

Answer:

The correct option is D,maximum job offer

Explanation:

Low job offer is offering job to new hands with pay that is lower than available elsewhere,hence less motivating for employees have guaranteed existing employment.

Competitive is when pay is similar to that which is obtainable elsewhere may be as offered by a rival firm.

The job at hand is poaching proven hands from  another company,hence for the roles to be filled in no distant  time,Mr Draper should give maximum job offer which is a pay that is above that which is available elsewhere.

7 0
3 years ago
If a perfectly competitive firm decreases production from 11 units to 10 units and the market price is $20 per unit, total reven
marishachu [46]

Answer: C. $200

Explanation:

Total revenue = price × quantity

= $20 × 10 = $200

A perfectly competitive firm is a firm that is a price taker; it doesn't set the price for its goods.

If the firm reduces the quantity produced, total revenue falls too.

6 0
3 years ago
The CAPM is built on historic conditions, although in most cases we use expected future data in applying it. Because betas used
dimaraw [331]

Answer:

False

Explanation:

The reason is that the betas are calculated using the past data which means that the Capital asset pricing model solely rely on the past data which is not the strength of the CAPM. It is basically a weakness of the model so the statement is incorrect.

4 0
3 years ago
When marx argued that capitalism “reproduces the class structure,” he meant that?
Lisa [10]
If you are rich, you own the means to make more money. Your son will then take over from you, and the class structure will remain intact. Likewise, if you are poor, you can only afford to work in a factory, you cannot pay for a good education for your child, they'll end up working in a factory  to survive. The class structure remains the same, each generation of rich people will exploit every generation of poor people. That was also why Marx thought the workers must unite and take control of the means of production, so that they would not be exploited. 
6 0
3 years ago
Current liabilities are obligations that are reasonably expected to be paid from Existing Creation of Other Current Assets Curre
Alex73 [517]

Answer:

The answer is option C) Yes No

Explanation:

Current liabilities are obligations that are reasonably expected to be paid from Existing Creation of Other Current Assets and not current liabilities.

This is because, Current liabilities are short term liabilities due within a year. They include accounts payable, short term debt and overdraft. This means that payment can only be generated by current assets.

Current assets are also short term assets with a life span of on year. They include accounts receivable an cash.

Therefore, Yes, Current liabilities are obligations that are reasonably expected to be paid from Existing Creation of Other Current Assets.

And No, Current liabilities are obligations that are not expected to be paid from Existing Creation of Other Current Liabilities.

5 0
3 years ago
Other questions:
  • Lisa sells kitchen furniture through her website. While her sales are stable, she's concerned that they're not keeping pace with
    15·2 answers
  • A firm has net working capital of $1,770. long-term debt is $4,180, total assets are $11,830, and fixed assets are $3,910. what
    8·1 answer
  • You would like to sell 290 shares of Xenith Bankshares, Inc. (XBKS). The current ask and bid quotes are $4.50 and $4.46, respect
    8·1 answer
  • Jones Industries received $800,000 from issuing shares of its common stock and $700,000 from issuing bonds. During the year, Jon
    8·1 answer
  • Exercise 14-1 On January 1, Guillen Corporation had 90,000 shares of no-par common stock issued and outstanding. The stock has a
    10·1 answer
  • Based on the position you are interested in, please describe your sales or retention style.
    14·1 answer
  • Given the following information pertaining to item AX143, determine the appropriate number of kanban cards that should be used t
    7·1 answer
  • You have been working for home-building companies for a number of years. You enjoy construction work, and now you want to start
    8·2 answers
  • Oriole Company reported cost of goods sold as follows. 2022 2021 Beginning inventory $ 30,150 $ 20,730 Cost of goods purchased 1
    13·1 answer
  • The OSHA guidelines that set safety rules for specific equipment, procedures, types of work, and unique work conditions are know
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!