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
miv72 [106K]
3 years ago
13

​Tara, a​ pharmacist, is planning on opening her own pharmacy. Tara currently earns​ $50,000 a year at her job. She has calculat

ed that it will cost her​ $6,000 in rent and utilities and​ $25,000 for an assistant per year to run her pharmacy. What is the amount of opportunity cost that Tara incurs in running her own​ pharmacy?
Business
1 answer:
kolbaska11 [484]3 years ago
6 0

Answer:

$81,000

Explanation:

The computation of the amount of opportunity cost for running her own​ pharmacy is shown below:

= Earning as a job + rent expenses + utilities expenses

= $50,000 + $6,000 + $25,000

= $81,000

By adding the earnings, rent expenses, and the utility expenses we can get the opportunity cost for running her own​ pharmacy

You might be interested in
To create meaningful on social media content that will resonate with audiences, businesses engage in ______________, which is th
Margaret [11]

Answer:

I think the answer ought to be B. Social listening

Explanation:

By definition social listening is Social media measurement, 'social media monitoring' or social listening is a way of computing popularity of a brand or company by extracting information from social media channels. So that seems to be the best fit.

5 0
3 years ago
Martha was promised a 10% raise if she wins a contract with the city government. Martha could use the money to pay off some debt
Vlad1618 [11]

Answer:

The answer is expectancy.

Explanation:

Expectancy theory is a concept developed by Victor H. Vroom in 1964, where he postulated, that the strength an individual has in terms of his or her motivation to do an action, would appear when three components are satisfied to a certain value: expectancy, instrumentality, and valence. The question above is relevant to the expectancy component, which is detailed as the belief that an individual has regarding their efforts would result in the individual choosing to perform an action. In the case of Martha, she wasn’t sure that her efforts in trying to win the contract would lead to her 10% raise (outcome, a component of instrumentality), and thus, she decided not to try.  

3 0
3 years ago
Ginny and Eric are partners at an architecture firm. They are trying to determine which of them has a comparative advantage in b
blondinia [14]

Answer: (i) $20 per model

(ii) $27 per model

(iii) Ginny has a comparative advantage in building models.

Explanation:

A country or a firm has a comparative advantage in producing a commodity if the opportunity cost of producing that commodity in terms of other commodities is lower than the other country or firm.

Opportunity cost is the benefit that is foregone for an individual by choosing one alternative over other alternatives available to him.

If the opportunity cost is lower for an individual then this will benefit him whereas if the opportunity cost is higher then this will not benefit the individuals.

Therefore,

Ginny's Opportunity cost of producing one model = \frac{400}{20}

                                                                                      = $20 per model

Eric’s opportunity cost of building models = $20 + 35% of $20

                                                                      = $20 + $7

                                                                      = $27 per model

Hence, Ginny has a comparative advantage in building models because Ginny's opportunity cost of building model is lower than Eric's opportunity cost.

5 0
3 years ago
Market value per share is:
vesna_86 [32]

Answer:

The answer is a. Market value per share is the price at which a stock is bought and sold.

Explanation:

For shares that are listed in the stock exchange, the market value per share is the price of share at which share is currently traded. In other words, this is the fair value of the share and at this price, share can be readily sold or bought.

(b) is not correct because it describes the commitment (usually made by an investment bank) to purchase newly issued shares at predetermined price when those shares are not purchased by other investors in the market.

(c) describes a type of stock rather than the definition of market value per share.

(d) describes Preemptive right rather than the definition of market value per share.

6 0
3 years ago
One of the major challenges facing companies today is to keep the customers they already have since there are fewer customers to
maria [59]

Answer: d. the costs of attracting new customers are rising.

Explanation:

Due to the fact that companies always want to keep their old customers and ensure customer loyalty, they try as much as possible to satisfy them and meet their needs.

Due to this reason, the cost of attracting new customers are high. Companies go through a lot of processes to get new customers such as promotion, advertisement to attract new customers etc. The cost involved are typically high.

8 0
3 years ago
Other questions:
  • Cazden Motors' stock is trading at $30 a share. Call options on the company's stock are also available, some with a strike price
    5·1 answer
  • Consumers' affinity for sports brands may be immune to threats other brands face, such as competition for attention and switchin
    14·1 answer
  • PLEASE HELP!
    14·2 answers
  • A common argument in favor of restricting international trade in good x is based on the premise that (A) international trade red
    7·1 answer
  • A cost object is anything for which management desires a separate tracking of costs, while a cost driver is the factor that caus
    7·1 answer
  • The marginal benefit from consuming another unit of a good: equals the total benefit obtained from the consumption of all prior
    10·1 answer
  • Sunland Company makes an investment today (January 1, 2020). They will receive $77000 every December 31st for the next six years
    12·1 answer
  • Mercedes-Benz runs a TV commercial advertisement that displays one of its top-of-the-line cars. As the driver pulls up to a vale
    14·1 answer
  • In the workplace today, more emphasis is being put on mental health. But sometimes, employees don't want to be seen as being una
    8·1 answer
  • Which of the following businesses describes a branch?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!