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Dmitrij [34]
3 years ago
6

True or false?John says to his friend, "This concert is going to cost me $20 when I buy the ticket." His friend corrects him and

says, "actually, this concert will cost you more than $20 since you have to miss work." His friend is referring to the opportunity cost.
Business
1 answer:
Illusion [34]3 years ago
5 0

Answer:

True

Explanation:

Opportunity cost refers to the value of a missed chance as a result of deciding a certain way. It is the forfeited benefit of choosing one option over another. Economists determine the opportunity cost by calculating the value of the next best alternative.

If John buys the ticket, it will cost $20.  Attending the concert will cause him not to do his homework, as he cannot be in two places at the same time. The consequence of him not doing his homework is the opportunity cost. Attending the concert will, therefore, cost him the $20 and the opportunity cost.

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Identify a few examples of incentives that someone might encounter in his or her daily life. Instructions: In order to receive f
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Answer:

  • Receiving five cents for recycling glass bottles
  • Parking fines for illegal parking
  • Tax breaks for 401(k) retirement contributions checked

Explanation:

Recycling is good for the environment and also means companies spending less because they wouldn't have to reproduce the recycle material from scratch. Paying a person money for recycling the glass bottles is an incentive that is meant to encourage them to do it more.

Not all incentives are positive however. Some are negative and aimed at reducing a behavior. Fining people for illegal parking is an example as the logic is that the offending party will think of the fines the next time they want to park illegally and refrain from it.

Offering tax breaks to a person in order to get them to save is an incentive because they are being offered to keep more of their money if they save more.

4 0
3 years ago
As people have become more healthminusconscious and decided to eat food that is better for them_________
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As people have become more health-conscious and decided to eat food that is better for them the demand curve for oranges and apples has shifted to the right.
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3 years ago
You are holding a stock that has a beta of 1.39 and is currently in equilibrium. The required return on the stock is 20.47%, and
r-ruslan [8.4K]

Answer: 26.73%

Explanation:

You can calculate the expected return using the Capital Asset Pricing Model (CAPM).

Formula is:

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Use the previous figures to solve for the risk free rate:

20.47% = Rf + 1.39 * (16.50% - Rf)

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20.47% - 22.935% = Rf - 1.39Rf

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Rf = -2.465% / -0.39

= 6.32%

New expected return is:

= 6.32% + 1.39 * (21% - 6.32%)

= 26.73%

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Explanation:

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