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joja [24]
3 years ago
6

An opportunity cost may be described as:

Business
1 answer:
otez555 [7]3 years ago
8 0
Opportunity Cost is also known as Economic Opportunity Loss and it is the highest value alternative forgone.
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Manual Company sells goods to Nolan Company during 2017. It offers Nolan the following rebates based on total sales to Nolan. If
diamong [38]

Answer: See explanation

Explanation:

Based on the information given in the question, we should note that while using the gross method, the revenue gotten from sales will be calculated by subtracting the rebate of 2% from the full invoice amount of $110,000. This will be:

= $110,000 - (2% × $110,000)

= $110,000 - (0.02 × $110,000)

= $110,000 - $2200

= $107800

Using the net method, the revenue gotten from sales will be calculated by subtracting the rebate of 6% from the full invoice amount of $110,000. This will be:

= $110,000 - (6% × $110,000)

= $110,000 - (0.06 × $110,000)

= $110,000 - $6600

= $103400

5 0
3 years ago
When people make decisions together, they develop a ____ to each other and are therefore more committed to the outcome.
iren2701 [21]

Answer: Social commitment

Explanation: Social commitment is defined as the commitment or burden of the members of a society, whether they are members of a group or as individuals.

When there is a social commitment, people agree and reach a decision in order to fulfill what has been agreed. Regardless of the decisions that have been made as a group, once they are made it is important that they are followed and that everyone does their part.

5 0
3 years ago
Your neighbor asks you to invest $500 at 5 percent interest in her catering business. She insists that with all the working pare
sergejj [24]

Answer: Ask for a higher interest rate

Explanation:

The best way to offset the risk is to ask for a higher interest rate which is more than the five percent that is proposed by my neighbor.

Even though I want to invest in her catering business, her lack of experience in the catering business is of concern to me, hence, I've to settle for a higher percentage than the percentage which she proposed.

3 0
3 years ago
A person does not need contractual capacity to be an agent. <br><br> a. False <br> b. True
mixas84 [53]
B which would be false
4 0
2 years ago
mike is walking down the street minding his own business when he is stopped by a police officer. although no crimes have been re
Feliz [49]

Answer:

The correct answer is a. an illegal search under 4th amendment protections.

Explanation:

The fourth amendment to the United States Constitution protects two fundamental rights: the right to privacy and the right not to suffer an arbitrary invasion.

The investigation is the procedure in which a government official or agent violates a reasonable expectation of privacy. When it interferes with the right of property of a person we face a case of confiscation. The owner must have a reasonable expectation of privacy regarding the seized objects. A person is considered to have been apprehended when law enforcement personnel use physical force to retain them in such a way that, in a similar situation, any reasonable person would feel deprived of their liberty.

7 0
3 years ago
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