Answer:
The opportunity cost is e. cost of a purchase or decision as measured by what is given up.
Explanation:
The opportunity cost can be defined as the cost of giving up the benefits associated with the next best alternative that is given up. It is also referred to as the loss of potential gain that is given up when one option is chosen over the other.
For example, If you have a choice of working at a company for salary of $10000 per year or starting your own business that is expected to earn $15000 per year, the opportunity cost of choosing to start your own business is the $10000 per year from the job that is given up.
Answer:
Option D (You value..........$56,000) is the right response.
Explanation:
- The overall expenditure of taking part throughout the school for the very first year would be the amount of such loss of university income as well as extra cash.
- Whenever you anticipate receiving stronger employment wages from university education, therefore during the 1st year that you estimate upwards of expenditure of $53,000 for higher learning.
Other options aren't linked to the specific circumstance. Thus, the response seems to be the right one.
Answer: The correct answer is "Costs that are small and unimportant with little impact on profits are called marginal costs."
Explanation: The statement "Costs that are small and unimportant with little impact on profits are called marginal costs." Is not TRUE because as the following statement says the marginal cost is the change in a firm's total cost due to a one‑unit change in output.
Answer: Diversifies risk
Explanation:
The main purpose of having a portfolio is to be able to diversify risk so that a total loss is not made if things do not go well. As such, well diversified portfolios are able to reduce their unsystematic risk.
Individual stock on the other hand, cannot be diversified and so have unsystematic risk which makes their standard deviations(risk) higher.
Answer:
Franchising is a marketing concept of business expansion.
Explanation:
There can be a potential danger or risk to the Caffeine Coffee Shops, Inc. if the shop tries to exercise much control over its franchisees. Imposing too much restrictions and control will lead the liability of the franchisor for the wrongful acts of the employees of the franchisee. The franchisee can even think of breaking the contract or the agreement and may put a clai against the franchisor.
The Caffeine Coffee Shop does not have any defenses, it can claim that the franchisee is trying to breach the agreement against the rules of the agreement. The Caffeine shops have limited liabilities and does not require any shareholder meetings, or board of directors or other management formalities.
Yes it is true that in the franchisee agreement, control as well as liability is to be addressed by framing the agreements and clauses in a manner that will define to what extent the franchisor can have control over the franchisee and what is the level of the liability of the franchisee.
