Answer: go over your credit card limit
Explanation:if you go over your credit card limit you now owe more money to the bank.
Based on the coordinates of point x and those of point y on the linear production possibilities curve, the opportunity cost of producing one watch is 2 fewer clocks.
<h3>What is the opportunity cost of producing one watch?</h3>
The opportunity cost of producing one watch is the number of clocks that needs to be given up per watch.
This will therefore be the slope of the linear production possibilities curve which can be found as:
= (Y₂ - Y₁) / (X₂ - X₁)
Solving gives:
= (80 - 20) / (20 - 50)
= 60 / -20
= -2 clocks
This means that for every watch produced, there will be 2 clocks that will be foregone to make that watch.
In conclusion, the opportunity cost is 2 clocks.
Find out more on opportunity cost at brainly.com/question/481029.
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<span>This is true. One of the biggest disadvantages of corporations is the fact that they are subject to double taxation. Double taxation is when a company or person declares a taxable income, transaction or asset and then two or more jurisdictions then tax that income.</span>
Answer:
Selling price: $ 1,116
Explanation:
The selling price of the job =
Manufacturing cost + (20% × manufacturing cost)
Manufacturing costs = Material cost + labour cost + Overhead
330 + ($12 × 20) + ($18 × 20) = 930
Selling price of the Job = 930 + (20% × 930)
= $ 1,116
