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3 years ago

What represents the value of the second-best alternative that a person gives up when making a choice?

Business

1 answer:

miss Akunina [59]3 years ago

8 0

Answer:

c. oportunity cost

Explanation:

Opportunity cost is the value lost as a result of preferring a particular option over the other. It occurs when an individual has to choose between two alternatives. For example, Jane can either stock 100 crates of soda or 80 packs of water. If shes chooses 80 boxes of water, the100 crates of soda represent the opportunity cost.

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The pension plan was amended last year, creating a prior service cost of $20 million. Service cost and interest cost for the yea

Roman55 [17]

Answer:

Pension expense$ 10

Explanation:

($ in millions)

Service cost $10

Interest cost $4

Expected return on the plan assets(6)

Amortization of prior service cost 2

Amortization of net loss (gain) 0

Pension expense$ 10

Therefore the total pension cost for the year is $10,000,000

Amortization of prior service cost $20 ÷10 years = $2

8 0

3 years ago

International law governs?

Fittoniya [83]

Answer:

Relations or transaction between independent nations.

Explanation:

Each countries have different law.

Which means that when two countries about to engage in a certain transaction, they need another law as a foundation to regulate the transaction. Using the law of only one of the country will be unfair for the other.

International law will come into picture in such circumstances. During relations or transaction between independent nations, a third neutral party (Such as the agencies from the united nations) will regulate their dealings based on international law that applicable to all members of the united nations.

3 0

3 years ago

The Black Corporation has provided the following information: Net income $ 560,000 Increase in prepaid expenses 14,000 Amortizat

Sav [38]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

3 0

3 years ago

Many routine business messages involve such things as teams coordinating their assignments, customers buying products, and colle

Eddi Din [679]

Answer:

d. requests.

Explanation:

Based on the scenario being described within the question it can be said that such messages are known as requests. These are technically messages from one member of a business to another member in order to ask for a certain good, service, or action to be taken by the second member. Such as attending a meeting or assigning an assignment.

4 0

3 years ago

Read 2 more answers

which will typically decrease with large number of units produced, fixed costs, total variable costs, fixed cost per unit, varab

Nady [450]

Answer:

fixed cost per unit,

Explanation:

Fixed cost is cost that does not vary with output. It remains constant regardless of the units of output produced. An example of fixed cost is rent.

fixed cost per unit = fixed cost / output

Let us assume that rent (fixed cost) is $500. When output is 1 unit, fixed cost per unit = $500 / 1 = $500

when output is 2 units, fixed cost per unit = $500 / 2 = $250

when output is 10 units , fixed cost per unit = $500 / 10 = $50

4 0

3 years ago