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icang [17]
3 years ago
14

Tyrone's boss said that he can come and work for an extra 3 hours this afternoon, but it is optional. Tyrone decided to go to th

e beach instead. Assuming he makes $14 an hour (after taxes) and his trip to the beach costs him $10 in gas and toll, how much is his opportunity cost to go to the beach?
Business
1 answer:
AfilCa [17]3 years ago
4 0

Answer:

$4

Explanation:

The computation of the opportunity cost for going to the beach is shown below:

= Hourly wages after considering the taxes - the cost of the beach in gas and toll

= $14 - $10

= $4

We simply deduct the cost of beach in gas and toll from the hourly wages so that the opportunity cost to go to the beach could come

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Lesechka [4]

Integration orientation Organizations that help mediate and resolve discord among members of society.

Organizational integration :

IT is achieved when organizational goals are aligned between the external and internal influences. Organizational alignment promotes collaboration and teamwork across all areas of work internally within the organization. Organizational integration supports a company's resilience to external factors, such as its mission or business model, input and output, the economy, technology, political factors, social factors and stakeholders.

Why is integration important in an organization?

Integrating your business systems enables a holistic view of your customer, your data, and your organizational health. It creates a better customer experience and improves your internal workflow.

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3 0
1 year ago
According to the small business administration, over 50 percent of all small businesses are home based. true false
Anastasy [175]

According to the small business administration, over 50 percent of all small businesses are home based. FALSE

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4 0
1 year ago
How do the choices we make both producers and consumers help us with scarcity?
marshall27 [118]
Scarcity refers to the gap between limited resources and theoretically limitless wants. Scarcity affects producers because they have to make a choice on how to best use their limited resources. On the other hand, it affects consumers because they have to make a choice on what services or goods to choose. 
8 0
3 years ago
Read 2 more answers
Which is an example of a long-term goal? Group of answer choices I will pay my cell phone bill on time this month. I will train
Nikolay [14]

Answer:

The example of a long-term goal is, I will train for a marathon.

Explanation:

This is a long-term goals because you train and reach it in a long period of time. The others will be counted as a Short-term goal. I hope this helped! :D

4 0
3 years ago
You own a stock which has produced annual returns of 11 percent, 3 percent, 8 percent, and 14 percent over the past four years,
Nana76 [90]

Answer:

C) 9.00; 8.92

Explanation:

The arithmetic rate of return is given by:

R_{A} = \frac{11+3+8+14}{4} \\R_{A} = 9.00

The geometric rate of return is given by:

R_{G} =  (\sqrt[4]{(1.11*1.03*1.08*1.14)} -1) *100 \%\\R_{G} =  (1.0892-1) *100 \%\\R_{G} =  8.92

Therefore, the arithmetic rate of return is 9.00 percent and the geometric rate of return is 8.92 percent

The answer is C) 9.00; 8.92.

6 0
3 years ago
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