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JulijaS [17]
3 years ago
6

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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Army Crew Team Case study required questions: Why does the Varsity team lose to the JV team? What should Coach P. have done diff
bagirrra123 [75]

Answer:1. The reason that the varsity team lost to JV team is lack of working together as a team.

2.Coach P. when selecting the rowers for the two teams should have looked at both the psychological(personality types and traits, if they are leader or followers etc.) as well as the physical aspect ( Stamina, Speed ,Coordination, Strength etc.) of each individual.

explanation:

1:Even though the varsity team consisted of the best individuals for speed , strength, coordination and endurance, they lacked the cohesiveness to perform as a unit. Each of the eight individual rowers had to be single-mindedly attuned to one another in order to synchronize their rowing and perform in unison. Unfortunately, the team also too many disruptor and lacked a leader.

2:The Coach should have experimented more by creating different scenarios to see how well the individuals responded and performed to one another in different situations when it came to a team environment. For example, putting the rowers in total control of the team's dynamics is the best hands on lesson they could ever experience. This would have allowed the rowers a deeper understanding what it take to be winner from a loser.

3.Coach P. should switch both the teams for Tuesday since after extensive observations and evaluation he has witnessed JV work as a better team. The JV team possessed better synergy, synchronization, and shared a common goal causing them to win more frequently than the Varsity team, despite the fact that the Varsity team had better individual members. In addition, there has been a precedent for switching boats. During the mid-1990’s, the Cornell Coach faced asimilar situation as Coach P. and as a result of him making the switch, both the JV and Varsity teams ended up winning the Eastern Championships. This demonstrates that it is more likely thatthe teams will win if they agree to switch. Moreover, even if Coach P. decided not to switch the teams, it would have taken quite a while to rebuild Varsity’s team structure, morale, and overall team synergy, implying that they probably would not have been ready in time to compete and win the race as the Varsity team anyway.

3 0
4 years ago
When Coca-Cola launched a differing soda product line that includes: regular coke, cherry coke, vanilla coke, coke zero, etc. ne
PSYCHO15rus [73]

Answer:

The correct word for the blank space is: market cannibalization.

Explanation:

Market cannibalization refers to the loss of revenues as a result of the introduction of a new product by the same company. The initial purpose of the firm is to spread its market share but the product introduced is so similar or covers the same need than the previous that it ends up replacing it instead of acquiring more consumers.  

Market cannibalization also takes place when franchises of the same firm open stores too close to each other than one of them ends up capturing all consumers which replace the first store operating in the area.

8 0
3 years ago
Melissa, a new employee at Epic Electronics, is required to perform a variety of bookkeeping and clerical tasks at a workstation
Stells [14]

Answer:

The way businesses are using knowledge technology to move relevant information to the people who need it.

Explanation:

Knowledge technology can be regarded as Intelligent as well as information and nteraction technologies which gives support to creation as well as management of knowledge at various individual and to all social levels. This technologies can be regarded as term used in describing technologies that is is been provided as result of collection of knowledge as well as process and storage of this knowledge, then how this knowledge is been transmitted to any place and the access of this information from anywhere.

3 0
3 years ago
_____ combine data on consumer expenditures and socioeconomic variables with regional information in order to identify commonali
Bezzdna [24]

Answer:

Geo-demographic technique

Explanation:

This is a technique that simply combine data on consumer expenditures and socioeconomic variables with geographical information in order to identity commonalities in consumption patterns of households in various regions.

4 0
3 years ago
You've borrowed $20,000 on margin to buy shares in ixnay, which is now selling at $40 per share. your account starts at the init
zzz [600]

Answer:

a. will you receive a margin call?

No you wouldn't. You borrowed $20,000 on the margin which means that you invested $20,000 of your own money. You purchased 1,000 stocks (= $40,000 / $40) of ixnay at $40, and now the stock price is $35. This means that you lost $5,000, and you percentage on the margin = $15,000 / $35,000 = 43%. Since the maintenance margin is 35%, you are still in.

b. how low can the price of ixnay shares fall before you receive a margin call?

we can use the following formula = (1,000price - $20,000)/1,000price = 35%

350price = 1,000price - $20,000

$20,000 = 1,000price - 350price = 650price

price = $20,000/650 = $30.769 ≈ $30.77 or lower

3 0
3 years ago
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