1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
allsm [11]
3 years ago
13

Suppose tickets for a regular seat at Super Bowl XXXVII cost just $500 when bought at face value (the cost at the box office). S

calpers (people who buy tickets at face value and sell them at higher prices), however, sell tickets for $2,000 or more. The opportunity cost of attending the Super Bowl with a regular ticket is:a.2,500.b. None of the other choices is correct.c. $2,000.d. $1,500e. The monetary price paid to obtain the ticket.
Business
1 answer:
kakasveta [241]3 years ago
6 0

Answer:

e. The monetary price paid to obtain the ticket.

Explanation:

The opportunity cost represent the best rejected alternative of the resources used.

If a person goes to the Super Bowl, the opportunity cost is any other entertainment show it renounce to see and any other use of the 500 dollar it used to acquire the ticket.

You might be interested in
"The Boyle Company estimated that April sales would be 10,000 units with an average selling price of $2.00. Actual sales for Apr
Rainbow [258]

Answer:

-$4,000 unfavourable

Explanation:

The sales volume variance is calculated as ;

= (Actual sales units - Estimated sales units) × Estimated selling price.

Given that;

Actual sales units = 8,000

Estimated sales units = 10,000 units

Estimates selling price = $2 per unit

Therefore,

Sales volume variance = (8,000 - 10,000) × $2

Sales volume variance = -$4,000 unfavourable

4 0
3 years ago
In the five forces model, the __________ that companies compete against one another for customers, the _________ the level of pr
slava [35]
<span>In the five forces model, the more that companies compete against one another for customers, the lower the level of profits is likely to be for that industry.</span>
3 0
4 years ago
Why is network business is risky?
belka [17]

Answer:

because small business have compitator

4 0
2 years ago
Read 2 more answers
A construction team gives an estimate of three months to repave a large stretch of a very busy road. the government responds tha
In-s [12.5K]
This problem is related to proportionality. In this case, the time to complete the job should be inversely proportional to the number of workers on the job. So based on the given problem above, the deadline changes the number of workers needed would be three times as many as the workers needed. Hope this helps.
5 0
4 years ago
Read 2 more answers
Consider a production possibilities boundary showing the quantity of military goods and the qumdity of civlian goods on the two
kirza4 [7]

Answer:

B) the reallocation of resources between military and civilian goods.

Explanation:

PPC is the graphical representation of product combinations that an economy can produce, given resources & technology.

Given same resources & technology, the two goods are inversely related - one good's quantity can be increased by decreasing the quantity of other good.

PPC is based on the assumption that resources are efficiently utilised & all points on PPC denote product combinations efficiently utilising resources.

So, movement along the PPC boundary means production level intact at full efficiency level & just reallocation of resources between good 1 to good 2, i.e here b/w military & civilian goods.

5 0
4 years ago
Other questions:
  • Read this excerpt from cash's point of view in as i lay dying:i made it on the bevel.there is more surface for the nails to grip
    7·2 answers
  • Andy Basil Industries Inc. reported the following information about the production and sale of its only product during the first
    15·1 answer
  • How much money should be deposited today in an account that earns 5% compounded semiannually so that it will accumulate to $14,0
    13·1 answer
  • An ____ is a group of individuals, working together to achieve shared job-related goals such as higher pay shorter working hours
    9·1 answer
  • How many powered fork lift accidents occur each year
    15·1 answer
  • Fahad works for a company that markets all of Celextron's products. Fahad's company acts as the marketing department for Celextr
    15·1 answer
  • You are a member of a project team revising the Nvidia Corporation’s ethics policy. The team has representatives from five divis
    15·1 answer
  • Lake Company reported beginning and ending Total Assets of $25,000 and $35,000 respectively. The Net Sales for the year were $15
    8·1 answer
  • Indique en su comunidad en qué proyectos se podrían realizar negociaciones entre diferentes actores (vecinos, empresas, iglesias
    7·1 answer
  • Some risks associated with investing in real estate are?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!