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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.

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EastWind [94]

Answer:

The correct answer is $3

Explanation:

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3 years ago
If you are an HR Manager , which among these rating sources do you believe in the most crucial?
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Explanation:

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When contemplating a product deletion, a firm studies customer migration patterns to determine: the profit contribution of the p
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Explanation:

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4 0
3 years ago
On January 1, 2020, Waterway Company sold 11% bonds having a maturity value of $700,000 for $783,845, which provides the bondhol
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Answer:

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Dr  Bank                                       $783,845

Cr  Bonds payable                                          $700000

Cr  Bonds premium                                          $83845

    Being issuance of bonds for cash

Subsequently,coupon interest is calculated is on the par value of $700000 at 11% while effective interest of 8% is calculated on $783,845

Explanation:

Upon issuance of the bonds,the receipt of cash of $783,845 is debited to bank account as an increase in asset.

The obligation to redeem the bond on 1 January 2025 is credited to bonds payable at par value of $700000(an increase in liability)

However, cash received is more by $83,845 which is credited to bonds premium account.

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3 years ago
Development of the Eurocurrency Market A Eurocurrency is any currency that is banked outside of its country of origin.
aleksandr82 [10.1K]

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A Eurocurrency is any currency that is banked outside of its country of origin.

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3 years ago
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