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vlada-n [284]
3 years ago
5

You and your friend are traveling home, you discuss how each of you might otherwise have used the four hours devoted to attendin

g the concert. the four hours could have been used to study, to watch a sporting event on tv, or to get some extra sleep. your friend decides that if she had not spent four hours attending the concert, she would have chosen to study, and you reply that you otherwise would have watched the televised sporting event. identify the relevant opportunity costs for you and your friend for allocating your four hours to attending the concert. explain briefly.
Business
1 answer:
nekit [7.7K]3 years ago
6 0

The relevant opportunity costs for you and your friend for allocating four hours to attending the concert are<u> "watching a sporting event on TV for you and studying for your friend. "</u>


An opportunity cost is characterized as the estimation of a forgone action or elective when another thing or action is picked. Opportunity cost becomes possibly the most important factor in any choice that includes a tradeoff between at least two alternatives. It is communicated as the relative cost of one option as far as the next best option.  


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Answer:

Cp= 1.33

Explanation:

Giving the following information:

Meena Chavan​ Corp.'s computer chip production process yields DRAM chips with an average life of 1,800 hours and sigma ​= 100 hours. The tolerance upper and lower specification limits are 2,400 hours and 1,600 ​hours, respectively.

Cp= (upper specification - lower specification)/6*sigma

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3 years ago
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True or false? West African coastal countries have borrowed money from the World Bank and the International Monetary Fund.
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2 years ago
Read 2 more answers
On July 1, Year 4, Pell Co. purchased Green Corp. 10-year, 8% bonds with a face amount of $500,000 for $420,000. The bonds are c
gayaneshka [121]

Answer:

$21,800

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6 0
3 years ago
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Answer:

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Debit Warrantly Expense    $7.2M

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Liability to be reported = $7.2M - $5.3M = 1,900,000 dollars

6 0
3 years ago
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