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leva [86]
2 years ago
11

Due to limits on our time, money, and effort, we are best off when we allocate those things: with the objective of maximizing pr

ofit. by constantly assessing the opportunity costs of our choices. according to what society as a whole would want. previousnext
Business
1 answer:
tekilochka [14]2 years ago
8 0
<span>Due to resource constraints, we're best off by allocating our abilities, time, and money "by constantly assessing the opportunity costs of our choices". Every choice we make and into which we invest resources means that we are forgoing the opportunity to invest those resources elsewhere. This idea of opportunity cost is a basic tenet of economic theory. As such, we should evaluate each choice we make based on the context of the other, comparable choices we could make instead. Note that we should not always seek to maximize profit - there are other, non profit-related factors which can come into play in the calculus of decision evaluation.</span>
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salantis [7]

Answer:

insurance company will pay $75 to Alfred.

Explanation:

given data

Actual cost of camera = $200

Alfred cost of camera = $150

Life expectancy = 6 years

solution

we get here first Remain life of camera that is

Remain life of camera = 6 years  - 3 years

Remain life of camera = 3 years

and

now we get here current cost of the camera that is

current cost of camera = Alfred cost of camera × (Remain life of camera ÷ Life expectancy)    ........................1

put here value and we get

Current cost of camera = $150   ×   \frac{3}{6}

Current cost of camera = $75

so that insurance company will pay $75 to Alfred.

5 0
2 years ago
Which of the statement(s) is correct? i. Corporations rarely pay tax on the interest income. ii. Higher tax bracket people tend
Doss [256]

Answer:

E. All the statements are correct

Explanation:

i. Corporations rarely pay tax on the interest income.

This statement is correct. Some companies do not even pay any income taxes.

ii. Higher tax bracket people tend to buy municipal bond because it is federal tax exempt.

Correct, people who have high incomes, and are subject to a high federal income tax rate often buy municipal bonds because these bonds are exempt from federal income tax.

iii. Short term capital gain and long-term capital gain are treated differently for individuals.

Correct. Short-term capital gains are those obtained from the sale of property that was owned for less than one year. This gains are often treated with the highest tax rate.

Long-term capital gains are those obtained from the sale of property that was owned for more than one year, and are treated with more favorable tax rates.

iv. The corporate tax rates in the U.S. is one of the lowest among the developed nations.

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2 years ago
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8 0
3 years ago
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Answer:

Explanation: See attachment below

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3 years ago
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In reviewing a bank's balance sheet, the liabilities are greater than the assets. What is the best explanation that could
Alex777 [14]

Answer:

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