Answer:
The correct option is B,zero monetary cost but a $1,000 per month opportunity cost
Explanation:
Monetary cost also known as explicit cost is the actual costs incurred in running a business.But the business in this case is renting of the property,frankly speaking, Jeane has not incurred any cost in her property business,hence monetary cost is zero.
Opportunity is the cost or benefits from alternative course of action. Jeane not renting out the property on commercial basis is the alternative course of action in this case.Since the commercial letting gives $1500 and the letting to her brother gives $500, the difference between the two rents is $1000 which is benefits forgone from letting the house to her brother,that is the opportunity cost.
Answer:
negatively correlated
Explanation:
Variables are negatively correlated if an increase in one variable causes a decrease in the other variable. Negative correlation usually has a value of -1.
The psychologists found that rich people are less satisfied with their jobs compared to poor people, so as one's wealth increases, job satisfaction decreases. This shows that wealth and job sanctification are negatively correlated.
Variables are positively correlated if an increase in one variable causes a increase in the other variable. Negative correlation usually has a value of +1.
If wealth and job satisfaction were positively correlated, rich people would have more job satisfaction when compared to poor people
Answer:
what kind of a question is this. im kinda confused like whaa
Explanation:
Answer:
The correct answer is letter "E": benchmarking.
Explanation:
Benchmarking refers to a study a company makes of the best performers of its industry in an attempt to identify their strategies so they can be compared to the ones of the firm conducting the research. The comparison aims to spot improvement areas and to adapt the good practices according to the business operations. Benchmarking should be conducted periodically by institutions that attempt to keep up to the pace of leading competitors.
