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Zina [86]
3 years ago
9

1. Question 1 Your aunt is thinking about opening a hardware store. She estimates that it would cost $500,000 per year to rent t

he location and buy the stock. In addition, she would have to quit her $50,000 per year job as an accountant. What is the opportunity cost of something
Business
1 answer:
Blizzard [7]3 years ago
7 0

Answer:

B. What must be given up to acquire it

Explanation:

The opportunity cost is the cost which is to be sacrificed to gain for some better option

Since in the given case the aunt is thinking to open a hardware store but it will cost her $500,000 for rent and the to purchase the stock

And, also she also have to quit her accountant job for $50,000

So in this option quitting the job is to be considered as an opportunity cost

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Cultural tourism or World Heritage sites are often designated by:
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Answer:

The correct answer is letter "B": United Nations Educational, Scientific, and Cultural Organization.

Explanation:

The United Nations Educational, Scientific, and Cultural Organization (UNESCO) is a specialized organism of the United Nations (UN) System. UNESCO works towards creating proper conditions for communication between civilizations, cultures, and peoples, funded in respect of human values. At the same time, contributes to peace conservation and worldwide security through the promotion of cooperation between countries through science, culture, communication, and information.

The UNESCO World Heritage Committee is the board in charge of designing cultural and natural World Heritage sites such as the <em>Taj Mahal </em>(India), the <em>Historic Sanctuary of Machu Picchu</em> (Peru) or the <em>Serengeti National Park</em> (Tanzania).

5 0
3 years ago
What factor supports maintaining a dual income?
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You should open a joint bank account. Joint allows deposit or withdraw cash from your dual income. Can share with your family members. Income is safe with you having a joint account because you can monitor transaction.
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3 years ago
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Roadling Inc., a private bus company, has set minimum and maximum age limits for the recruitment of bus drivers. This is because
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The correct answer is "bona fide occupational qualification." This term signifies a characteristic of a potential employee that an employer is permitted to consider when hiring (like age, in this example). In other contexts, this would be seen as discrimination, and would thus be illegal. There must be a reason behind bona fide occupational qualification, as described in this example.
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Real Angus Steakhouse purchased land for $75,000 cash. They also incurred commissions of $4,500, property taxes of $5,000, and t
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Answer:

c. $84,300.

Explanation:

The computation of the total cost of the land is shown below:

= Purchase cost of land + commission incurred + property taxes + title insurance

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We simply added that costs which are related to the land i.e purchase cost, commission , property taxes ,and title insurance. The $1,000 cost should not be considered.

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