Any value given up from not going to the movies is the <u>"opportunity cost".</u>
Opportunity costs represent the advantages an individual, speculator or business passes up while picking one option over another. While money related reports don't demonstrate opportunity cost, entrepreneurs can utilize it to settle on taught choices when they have various alternatives previously them. Since they are concealed by definition, opportunity expenses can be neglected in the event that one isn't cautious. By understanding the potential botched chances one renounces by picking one venture over another, better choices can be made.
I think its all the above except for they might be trying to trick you because at sixteen a guardian or parent has to sign aswell.
Answer:
The correct answer is $3
Explanation:
Cost per equivalent unit = Total costs / EUP for materials = ($50000+ $10000) / 20000 = $3
