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
erma4kov [3.2K]
4 years ago
15

Opportunity costs refer to:

Business
2 answers:
Sphinxa [80]4 years ago
5 0
Forgone that’s the answer
svetoff [14.1K]4 years ago
4 0

Opportunity cost refers to the alternative forgone.

You might be interested in
Bike Atlanta currently produces 1,000 axles per month. The following per unit data apply for sales to regular customers: Direct
Ad libitum [116K]

Answer:

The total cost of producing 3,000 axles is $255,000

Explanation:

The computation of the total cost is shown below:

= Total per unit manufacturing costs × total number of axles produced

= $85 × 3,000 axles

= $255,000

The total manufacturing includes all costs such as Direct materials, direct manufacturing labor, Variable manufacturing overhead and, Fixed manufacturing overhead.

5 0
3 years ago
Which of these are mathematical laws that help us solve numerical problems? O A decimals O B. graphs O C. formulas OD. percentag
Nana76 [90]

Answer:

The answer is C. Formulas.

Explanation:

Formulas: It is just a mathematical rule that is expressed in numerals or some other symbols and is used to solve a numerical problem.

5 0
3 years ago
Gail operates on a tight budget. She buys store or generic brands to save money. Recently, Gail was given a substantial pay rais
fgiga [73]

When she altered her shopping patterns and buying behavior because of substantial pay raise, it is an example of income effect.

In economics, Income effect explains how their is a <u>change in demand</u> in market caused by of a change in <u>consumer's purchasing power</u> as a result of a <u>change in their real income</u>.

Here, the theory of <u>income effect</u> explains Gall's situation because her increase in pay cut changes her purchasing power, thus, increases her demand for expensive  goods.

In conclusion, when she altered her shopping patterns and buying behavior because of substantial pay raise, it is an example of income effect.

Read more about this here

<em>brainly.com/question/22093268</em>

8 0
3 years ago
Providing an analysis for a company regarding adding a particular product line, retracting sales markets, or dealing with risks
Irina18 [472]

Answer:

The answer is true.

Explanation:

The managerial accounting must do:

-planning and desition support.

For example, fully absorbed and incremental costing, adaptive operation and cost-based planning, product process channel and customer strategic adaptatios, enterprise optimization.

-Performance evaluation and analysis.

Assessment of current strategy and plans, integrated cost operational performance measures, profitability reporting, process analysis.

4 0
4 years ago
(true or false?) the discount rate can best be described as an opportunity cost.
Lena [83]
The answer is "true" hopefully this helped
6 0
4 years ago
Other questions:
  • Recent surveys indicate that students are willing to agree to lower salaries if they know their employer is participating in soc
    14·1 answer
  • Which of these products or services is likely to have an inelastic supply in the short run?
    14·2 answers
  • To manage your money, you should _____.
    15·1 answer
  • Consumer protection laws are meant to:
    5·2 answers
  • Malcolm has decided that he wants to open up his own law practice. The time has come to establish prices for his services. Due t
    8·1 answer
  • Proctor and Gamble announced that it would sell off or close down up to 100 of its brands. This is an example of which turnaroun
    6·1 answer
  • Marketing has been reviewed and practiced differently over the decades. Today, Marketing is focused on: a. building relationship
    9·1 answer
  • Self-Study Problem 10-1 Master Budget
    12·1 answer
  • The strategic management process is the: a. full set of commitments, decisions, and actions firms take to achieve strategic comp
    5·1 answer
  • Neil is developing his marketing strategy. Which of these is NOT a requirement Neil has to follow based on the Telephone Consume
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!