1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
Aliyah purchased Verizon Communications stock in April 2015 for $48.90 per share. She sold the stock one-year later for $54.01 p
soldier1979 [14.2K]

Answer:

Capital Gains Yield = 10.45%

Explanation:

The capitals gain yield represents the percentage appreciation or increase in the value of an investment. It is simply calculated by calculating the increase in the value of an investment or stock/bond and divide it by its initial cost.

The formula for CG Yield is,

CG Yield = (P1 - P0) / P0

Where,

P1 is current price

P0 is initial price paid

Thus CG Yield = (54.01 - 48.9) / 48.9 = 0.10449 pr 10.449%

5 0
3 years ago
Help!
natali 33 [55]

Answer:

B) Pay bills when they are due.

Explanation:

A loan can be defined as an amount of money that is being borrowed from a lender and it is expected to be paid back at an agreed date with interest.

Generally, the financial institution such as a bank lending out the sum of money usually requires that borrower provides a collateral which would be taken over in the event that the borrower defaults (fails) in the repayment of the loan.

A credit score can be defined as a numerical expression between 300 - 850 that represents an individual's financial history and credit worthiness. Therefore, a credit score determines the ability of a borrower to obtain a loan from a lender.

This ultimately implies that, the higher your credit score, the higher and better it is to obtain a loan from a potential lender. A credit score ranging from 670 to 739 is considered to be a good credit score while a credit score of 740 to 799 is better and a credit score of 800 to 850 is considered to be excellent.

Generally, it's recommended that loans or bills are paid on a timely basis or as at when due in order to obtain a good credit score.

Hence, a way to establish a good credit record (score) is to pay bills when they are due.

6 0
3 years ago
Select the best answer for the question.
Lorico [155]

Answer:

QC

Explanation:

US dollar used to be backed by gold but this is not the case anymore. US dollar being as a flat currency is backed by governemnt through federal reserve.

6 0
3 years ago
A management system that coordinates and integrates all of the activities performed by member companies into a seamless process,
ella [17]

Answer:

Supply Chain Management

4 0
3 years ago
Read 2 more answers
Kenji is another investor who currently owns shares of ESolver stock. He would like to place a particular kind of limit order, i
Mars2501 [29]

Answer: Fill or kill order

Explanation:

A fill or kill order is used when an individual or firm wants to either buy or sell a stock and in such cases, the order must be done as quickly as possible in its entirety.

If the order isn't done immediately at the price that has been specified or a price that's more than the specified price, such order is cancelled. Also, for a fill or kill order, partial execution isn't applicable.

4 0
3 years ago
Other questions:
  • A. a career is a series of jobs.
    8·1 answer
  • Job-order costing would be more likely to be used than process costing in situations where many different products or services a
    13·1 answer
  • In the foreign exchange market, the price of one nation's currency in terms of the currency of another nation is known as the
    15·1 answer
  • A(n) ________ is an early user of a firm's product who is willing to give a testimonial regarding his or her experience with the
    13·1 answer
  • Who is the richest man in the wolrd
    13·1 answer
  • Three Square Market, a Wisconsin-based tech firm, made headlines after they offered implantable microchips to its employees. The
    10·1 answer
  • Isocost lines Question 28 options: A) are dependent upon the costs of a firm's inputs. B) are dependent upon the technical effic
    12·1 answer
  • Bob, a salesperson at a Carpets Galore store, tells Dita, a customer, "Buy your carpet here, and I'll install it for half of wha
    10·1 answer
  • What effect might the government have on​ oligopolies? In​ oligopolies, the government might A. promote competition with a paten
    6·1 answer
  • Sumner sold equipment that it uses in its business for $32,000. Sumner bought the equipment a few years ago for $79,000 and has
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!