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Ratling [72]
3 years ago
9

Understanding opportunity cost

Business
1 answer:
vaieri [72.5K]3 years ago
8 0

Answer:

D.$24

Explanation:

Opportunity cost: The opportunity cost is that cost which gives the best alternative option

The computation of the total cost is shown below:

= Earning per hour + admission fee

= $15 per hour + $9

= $24

Since the question is asking for the total cost, so we consider both the costs i.e earning per hour and admission fee.  

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A company currently using an inspection process in its material receiving department is trying to install an overall cost reduct
Rudiy27

Answer:

a-1. If the inspector position is eliminated, the defects will not be detected. These cost the company $11 to replace.

Defects per hour = 50 * 0.01 = 0.5 units

Cost per hour = 0.5 * 11 = $5.50

a-2. Based on costs alone, the inspection position should be eliminated. This is because the cost of having the Inspection position is $10 but it would only cost the company $5.50 if the position was not there so the cost of the inspection position is more than the cost incurred if it wasn't there.

b. = Inspection fees/ Units inspected per hour

= 10/50

= $0.50 per unit

c. Cost without Inspection is $5.50. With Inspection is $10.

Hourly Loss = 5.50 - 10

= -$4.50

Per unit loss = -4.50/50

= -$0.09

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3 years ago
Explain at least four types of ethical misconduct in financial transactions. Explain how these work with appropriate illustratio
alexdok [17]

The correct answer to this open question is the following.

We can help you with the four cases of financial misconduct.

So the four types of ethical misconduct in financial transactions are

1.- Fraudulent Financial Reporting. This is when the top company management lies about financial statements. These companies cheat on the investors of the company for a particular agenda. It also can be the case when top management tries to keep the share price of the corporation.

2.- Stealing, today technically called Missaprpriation of Assets. In this case, employees use the company's assets for personal reasons. The employee even can steal money from the company's accounts.

3.- Bribering. A member of the company bribes a government official in order to have influence in some regulations.

4.- Disclosure. A member of the company discloses important information considered private or "Top Secret," trying to create a personal advantage or for a competitor.

8 0
3 years ago
What is meant by the term target market?
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Answer:

<h3>A target market is the set of consumers that a company plans to sell to or reach with marketing activities. A target audience is the group or segment within that target market that is being served advertisements.</h3>

<h2>hope it helps.</h2><h2>stay safe healthy and happy...</h2>
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The best time for a manager to practice a democratic leadership style is when the manager wants:
dedylja [7]

Answer:

d

Explanation:

that's makes sense to me

6 0
3 years ago
Read 2 more answers
20 points easy …………………….
dlinn [17]

Answer:

D.....................................

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