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Alex787 [66]
3 years ago
9

High-school athletes who skip college to become professional athletes a. obviously do not understand the value of a college educ

ation. b. usually do so because they cannot get into college. c. understand that the opportunity cost of attending college is very high. d. are not making a rational decision since the marginal benefits of college outweigh the marginal costs of college for high-school athletes.
Business
2 answers:
Gnesinka [82]3 years ago
8 0

Answer:

C. Understand that the opportunity cost of attending college is very high.

Explanation:

The reason is that the colleges costs very high both the money and time. However the person can also earn while pursuing their dreams because it has greater value for them if they have potential for growth in games. So they prefer to follow their dreams rather investing on their higher education.

grin007 [14]3 years ago
8 0

Answer:

The correct answer is letter "C": understand that the opportunity cost of attending college is very high.

Explanation:

Opportunity cost refers to the return of choosing one option compared to the best next available choice. In other words, an opportunity cost represents what is left on the table after taking one decision and discarding others. <em>In the example, high-school athletes who skip college to pursue a professional athlete career must understand that the opportunity cost of attending college is high. However, the benefits of becoming a prominent professional could be even higher.</em>

An example of this is Los Angeles Lakers American basketball player Lebron James (born in 1984) who does not hold a bachelor's degree but is considered one of the best basketball players of history. James earns an approximate of $37.4 million annually only in his salary which is above what regularly certified professionals can receive per year.

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David saves money from his teaching job to buy a new boat when he retires in 20 years. The boat will cost $30,000. He has $12,00
Aliun [14]

Answer:

Invest at a minimum of 7.5% annual simple interest

Explanation:

Given the goal of purchasing a boat that will cost $30,000 in 20 years, David needs to earn an interest computed below on his investment in the savings account.

Interest required = 30,000 - 12,000

= 18,000

Therefore the minimum rate of interest that will achieve this goal,

= Principal * rate * time = target amount

= 12,000 * R * 20 years = 18,000

= R = 18,000/(12,000*20) = 0.075 = 7.5%.

In addition, David could also continue his saving from his teaching job. This will reduce the minimum investment return required to achieve the goal.

6 0
3 years ago
To ________, a marketer would most likely ask target audience members whether they remember the message, how many times they saw
pentagon [3]

Answer:

The correct answer is the option B: collect feedback.

Explanation:

First of all, the term<em> </em><em>feedback</em> refers to the<em> amount of information</em> that the marketer receives from the target audience in order <em>to understand if the decisions made were good</em> or if they were bad then understand in what they made a mistake and correct it.

Secondly, it is understandable that in order to do that the marketer needs to <em>ask the target audience </em>questions that might give important information such as <em>the frecuency that they saw the message, also if they remember the message and what points of it they can remember</em>.

6 0
3 years ago
financial calculator Bruno's Lunch Counter is expanding and expects operating cash flows of $23,900 a year for 5 years as a resu
Ann [662]

Answer:

NPV = 138,347.55

Explanation:

<em>Net Present Value (NPV) : This is one of the techniques available to evaluate the feasibility of an investment project. The NPV of a project is the difference between the present value of the cash inflows and the cash outflows of the project.</em>

We sahall compute theNPV of this project by discounting the appropriate cash flows as follows:

<em>Prevent Value of  operating cash flow</em>

PV =A× (1- (1+r)^(-n))/r

A- 23,900, r - 12%, n- 5

PV = $23,900 × (1- (1.12)^(-5))/0.05

=206,769.963

<em>PV of Working Capital recouped</em>

PV = 5600× 1.12^(-5)

    = 3,177.59

NPV = initial cost + working capital + Present Value of working capital recouped + PV of operating cash inflow

NPV = (66,000) + (5600) + 3,177.59 + 206,769.96

NPV = 138,347.55

5 0
3 years ago
Grande Communications offers a lower price to customers who subscribe to Grande television, telephone, and internet services all
garri49 [273]

The answer is Price Bundling.

Price bundling is a marketing strategy. In this type of strategy, the company combines two or more products to sell them at a lower price than if the same products were sold individually.

It is also called product bundling or product-bundle pricing. As two or more products are combined/ bundled together to sell them at a lower price.

Hence, when Grande Communications offers a lower price to customers who subscribe to Grande television, telephone, and internet services all at once. This is an example of Price Bundling.

Learn more about Market strategy:

brainly.com/question/21629547

#SPJ4

8 0
1 year ago
If a currency's spot market is liquid, its exchange rate will ________ highly sensitive to a single large purchase or sale of th
Troyanec [42]

Answer:

The correct answers to fill the blank spaces are not be; small

Explanation:

If a currency's spot market is liquid, its exchange rate will not be highly sensitive to a single large purchase or sale of the currency. Therefore, the change in the equilibrium exchange rate will be relatively small.

7 0
3 years ago
Read 2 more answers
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