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LiRa [457]
3 years ago
15

John has to choose between two jobs: one that offers him $50 per hour and one that offers him $35 per hour. the opportunity cost

of choosing the job that offers him $50 per hour is:
Business
1 answer:
Viefleur [7K]3 years ago
4 0

Answer:

$35 per hour

Explanation:

Data provided;

The John has 2 alternatives to choose from

Alternative 1 offers him $50 per hour

Alternative 2 offers him $35 per hour

John opts for the Alternative 1 i.e $50 per hour

Now,

The opportunity cost is given as the next high valued alternative and for the given question, we have the next high valued alternative of $35 per hour

Hence,

the opportunity cost of choosing the alternative 1 i.e job offering $50 per hour is $35 per hour

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describe one type of educational grant (not a scholarship or loan) you might be eligible to receive after completing the FAFSA?
abruzzese [7]
The answer is B this is the best

7 0
3 years ago
Lopez Corporation incurred the following costs while manufacturing its product.
aev [14]

Answer:

a. $352,200

b. $372,100

Explanation:

The cost of goods manufactured

<em>Consider only the manufacturing costs</em>

Cost of goods manufactured = $122,200 + $69,200 + $17,600 + $113,100 + $34,000 + $13,300 - $17,200

                                                =$352,200

Cost of goods sold

<em>Add Cost of goods manufactured to the net of Finished inventory balance</em>

Cost of goods sold = $47,900 $68,800 + $352,200 - $47,900

                                = $372,100

6 0
3 years ago
When nations increase production in their area of _________________ and trade with each other, both sides can benefit.
Marina86 [1]

Answer:

comparative advantage

Explanation:

Comparative advantage in finance is crucial for production because it helps nation to manufacture their goods with low opportunity cost compare to their co- partner in that production line.

Production which is an essential aspect in economics is a process of turning raw materials into finished goods are very crucial in each nation of the world and for economic process to be completed.

It should be noted that When nations increase production in their area of comparative advantage and trade with each other, both sides can benefit from it.

4 0
3 years ago
A project has an initial cost of $40,000, expected net cash inflows of $8,000 per year for 11 years, and a cost of capital of 10
bogdanovich [222]

Answer:

the net present value is $11,961

Explanation:

The computation of the project NPV is as follows;

The net present value is

= Present value of cash inflows - initial investment

= $8,000 × PVIFA factor for 11 years at 10% - $40,000

= $8,000 × 6.4951 - $40,000

= $51,961 - $40,000

= $11,961

Hence, the net present value is $11,961

The same is to be considered

4 0
3 years ago
The most fundamental reason for having a safety-friendly corporate culture is competition. true or false
Vlad [161]

True, the most fundamental reason for having a safety-friendly corporate culture is competition.

<h3>What is corporate culture?</h3>

Corporate culture refers to the attitudes and behaviors that govern how employees and management interact in a corporation.  Corporate culture is frequently suggested rather than explicitly stated, and it evolves organically over time from the cumulative attributes of the people the firm hires.  National cultures and customs, economic trends, international trade, company size, and goods all have an impact on corporate culture.

Corporate cultures, whether designed or naturally developed, penetrate to the core of a company's concept and practice, affecting every area of the business. The culture of a firm will be reflected in its dress code, business hours, office layout, and many other aspects of operations.

To learn more about corporate culture, visit:

brainly.com/question/28271127

#SPJ4

8 0
1 year ago
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