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Elanso [62]
3 years ago
14

The opportunity cost of a decision is measured in terms of

Business
1 answer:
Otrada [13]3 years ago
5 0

Answer:

D.

Explanation:

The opportunity cost of a decision is measured in terms of the sacrifice of the next best alternative, in other words the next best thing given up. Since opportunity cost refers to what you are losing or better yet giving up when you end up making a decision between two or more different options and once done are not able to choose the other option(s).

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Which of the following statements is false?
Paul [167]

Answer:

C

Explanation:

C. online retailing and in-store retailing experience similar rates of product return.

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3 years ago
By what amount would net income differ if bad debt expense was computed using the percentage-of-receivables approach? Assume tha
Murljashka [212]

Answer:

By following the Accountants Principle and Dicksons policy of debiting Bad debt accounts as Accounts are written off, the Net income would have been impacted negatively (reduced) by the write off from Prior period of $31,330 only

However, by following the % of receivables approach, a total of $31,330 (Write off from prior period) + $9,240 (current period provision for bad debt) will impact the Net Income negatively (reduced)  = $40,570

Explanation:

Accounts receivable balance = $77,000

12% projected uncollectible debt = $9,240

Provision for bad debt under the % of receivables approach = $9,240

Amount written off related to prior year = $31,330

5 0
3 years ago
Which is greater: 1 hour or 60 minutes?
musickatia [10]

Answer:

both r the same

Explanation:

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Thank you

5 0
2 years ago
Read 2 more answers
Without actually saying what was wrong with the program, beth alluded to
Natasha_Volkova [10]
Without actually saying what was wrong with the program, Beth alluded to walking around the space. Jerry is lucky with a lady and Beth recalls her childhood. After learning that a father of one her childhood friends, Tommy, is set to be executed for the murder of the said friend, Beth remembers how she tried to deal with his disappearance via imagining that he got lost in her imaginary international referred to as "Froopyland" and laughs at how stupid it becomes.
6 0
3 years ago
Which of the following best states the main difference between a monopoly and an oligopoly?
MrMuchimi

Answer:

C:Oligopolies involve more than one company while monopolies involve only one.

Explanation:

A monopoly is a market structure with one supplier serving a very large market. In a monopoly, a single firm sells to many buyers. The product or service offered by a monopoly has no close substitutes. Customers have no choice but to buy from the only firm providing the product or service. Monopolies may result from government policy or very restrictive barriers of entry.

An oligopoly is a market structure where very few firms dominated the market . It when four or five firms control the majority market share of a very large market. There could be other firms with very little market share. Firms in an oligopoly market may sell homogeneous or differentiated products. The few firms dominating the industry collaborate to profit from the market.

8 0
3 years ago
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