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steposvetlana [31]
3 years ago
9

Is defined as the processes that account for an individual's intensity, direction, and persistence of effort toward attaining a

goal?
Business
1 answer:
Elanso [62]3 years ago
5 0
The answer is: Motivation
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For each of the five situations below, suggest the opportunity (real) cost of the person’s choice. In the text box, describe the
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"revenues from an unrented hotel room are lost forever" refers to which characteristic of services?
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5 0
3 years ago
A rookie quarterback is negotiating his first nfl contract. his opportunity cost is 10%. he has been offered three possible 4-ye
fomenos

Answer:

He should accept contract 2 because it has a higher present value.

 Explanation:

The numbers are missing, so I looked for a similar question:

<em>year 1 2 3 4 </em>

<em>Contract 1 $3,000,000 $3,000,000 $3,000,000 $3,000,000 </em>

<em>Contract 2 $2,000,000 $3,000,000 $4,000,000 $5,000,000 </em>

<em>Contract 3 $7,000,000 $1,000,000 $1,000,000 $1,000,000 </em>

<em>As his advisor, which contract would you recommend that he accept?</em>

we need to find the present value of each contract:

Contract 1 = $3,000,000/1.1 + $3,000,000/1.1² + $3,000,000/1.1³ + $3,000,000/1.1⁴  = $2,727,273 + $2,479,339 + $2,253,944 + $2,049,040 = $9,509,596

Contract 2 $2,000,000/1.1 + $3,000,000/1.1² $4,000,000/1.1³ + $5,000,000 /1.1⁴  = $1,818,182 + $2,479,339 + $3,005,259 + $3,415,067 = $10,717,847

Contract 3 $7,000,000/1.1 + $1,000,000/1.1² + $1,000,000/1.1³ + $1,000,000/1.1⁴  = $6,363,636 + $826,446 + $751,315 + $683,013 = $8,624,410

6 0
3 years ago
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