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
Alborosie
3 years ago
6

Which of the following best describes the opportunity cost of attending a free concert at the local coffee shop?

Business
1 answer:
Rudik [331]3 years ago
8 0

Answer:

1. The chance to play the latest video game with your roommate while you were at the concert

Explanation:

Opportunity cost is the next best option forgone when one alternative is chosen over other alternatives.

The opportunity cost of attending the concert is the activity that could have been done if one didnt attend the concert which is playing video games.

I hope my answer helps you.

You might be interested in
Kelly, a manager, studied the performances of the various business units of her organization. After making an assessment, Kelly
Lina20 [59]

Answer:

Conceptual skills

Explanation:

Conceptual skills -

It refers to the ability which enables the person to understand some complicated situation or problem and give a better and innovative alternative for the problem , is referred to as the conceptual skills .

It is the human tendency to deal with some peculiar and strange situation .

Hence , a leader is required to have such skills to deal with the team in a better manner .

Hence , from the given scenario of the question ,

The correct answer is Conceptual skills .

8 0
3 years ago
BP and Halliburton executives made the decision not to invest in the oil well blowout preventer that experts believe would have
Hoochie [10]

Answer:

relaxed avoidance.

5 0
3 years ago
An important marketing metric used to evaluate how well firms perform on the five service quality dimensions is the __________,
Pavlova-9 [17]

Answer:

<u>Zone of tolerance</u>

Explanation:

Zone of tolerance with respect to a service refers to, the acceptable range to a customer, that lies between the perceived desired level of service expected and the minimum level of service acceptable.

The service which the customer anticipates or expects to be delivered by a firm is referred to as predicted service.

Customer expectations do not depict a single level of expectation, rather they follows a range of expectations. This range is represented as zone of tolerance.

If the service received lies in the zone of tolerance, the customer would be satisfied. If it is higher than the desired level, the customer would consider it exceptional.

In case the service received falls below the minimum level of acceptance, the customer would be disappointed and feel deceived or tricked.

4 0
3 years ago
Direct marketing refers to:_______.
Wewaii [24]

Answer:

a promotional alternative that uses direct communication with consumers to generate a response in the form of an order, a request for further information, or a visit to a retail outlet.

Explanation:

Direct marketing involves communication of a product to a target customer without using advertising agents as middle men. Customers are identified and contact is made directly to generate a buying decision from them.

This method gives quick feedback and action from the customer.

Channels such as mail, text, and email can be used to contact the customer directly

5 0
4 years ago
Which one of these statements is correct? Multiple Choice All allocated costs should be included in the initial cost of a projec
VashaNatasha [74]

Answer:

Option D Costs incurred prior to deciding whether or not to produce a new product are sunk costs.

Explanation:

Option A The allocated costs might include fixed costs and are not relevant, so must not be included in the project appraisal.

Option B Sunk costs are not relevants costs and must not be included in the cost of the project. So this statement is also incorrect.

Option C Synergy occurs due to increase in the revenue and decrease in costs due to parenting strategy of the parent company.

The reason is that it is the definition of the sunk cost and is correctly stated in the option D. So the option D is correct here.

4 0
3 years ago
Other questions:
  • You are choosing between these four investments and you want to be​ 95% certain that you do not lose more than 8.00 % on your in
    9·1 answer
  • Robinson Company had a net deferred tax liability of $34,000 at the beginning of the year, representing a net taxable temporary
    8·1 answer
  • What is business? Types of business?​
    5·1 answer
  • _______ leaders are agents of change because they develop an appealing vision of the desired future state, communicate that visi
    7·1 answer
  • At the end of the recent year, The Gap, Inc., reported total assets of $7,610 million, current assets of $4,315 million, total l
    9·1 answer
  • Time management is primarily act of using time
    10·2 answers
  • Allison bought a bond when it was issued by ABC Corporation 20 years ago. The bond, which has a $1,000 face value and a coupon r
    15·1 answer
  • Gamma Corp. is planning to bring in new internal standards for all the products it manufactures. The new standards will ensure b
    13·1 answer
  • Tanya is in the business of selling rubber mats. Ralph is in the business of selling real estate. Logan is in the business of se
    5·1 answer
  • What is the Compare and contrast the various business types?
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!