Solution :
a). Opportunity cost
In the field of economics, Opportunity cost may be defined as the loss of a potential gain when some other alternatives are chosen from a given set of opportunities.
b). efficiency
c). Our professor presents us the incentives for major in economics.
d). I can complete the project via specialization more efficiently rather than doing it all each part of the project together.
Answer:
$0.79
Explanation:
The Bakery bakes 660 loaves of bread
The cost of baking one bread= $0.46
The total cost of baking all loaves of bread
= $0.46 x 660
=$303.60
The desired mark up is 55% of cost
=55% of $303.60
=55/100 x $303.60
=0.55 x $303.60
= $166.98
Desired revenues = $166.98 +$303.60
=$470.58
The number of sellable breads= 660 - (10% of 660)
=660-66
=594
Desired income is $470.58; sellable output is 594.
price per bread should be
=$470.58/594
=$0.79222
Price per bread = $0.79
An item that is recycled requires less energy than the disposal and manufacture of a new item. As a result, it can limit the waste of nonrenewable resources such as fossil fuels. More efficient use of nonrenewable resources increase their lifetime reserves, making them more comparable in logetivity to renewable resources.
<span>Distinguish how companies whose profits reflect growth in your industry are able to structure their business to cope with changes in customer needs. ... Assess your strategic objectives and your business activities to ensure that they align with achievement of your key success factors.</span>
Answer:
C) Total assets are overstated.
Explanation:
The journal Entry for the Depreciation is as follows:
Dr. Depreciation Expense xxx
Cr. Accumulated Depreciation xxx
By missing this Journal entry the Accumulated depreciation account will be understated as we know that this is a contra asset account and this will net off the Long term assets. So, as a result the total asset will be overstated.
