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Aleks [24]
3 years ago
5

Sam is training for a triathlon, a timed race that combines swimming, biking, and running. Consider the following sentence: In o

rder to swim for an hour, Sam must take time away from work, where he earns $10 per hour. This is in addition to paying a $5 entrance fee for the pool. Which basic principle of individual choice do these statements best illustrate? The cost of something is what you give up to get it. Markets are usually a good way to organize economic activity. People usually exploit opportunities to make themselves better off. Trade can make everyone better off.
Business
1 answer:
Lorico [155]3 years ago
7 0

Answer:

The cost of something is what you give up to get it.

Explanation:

To partake in triathlon, Sam is forgoing the amount he would have earned if he went to work instead. This is known as the opportunity cost or implicit cost

Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.

Sam has to pay $5 to partake in the triathlon. This amount is known as explicit cost. Explicit cost is the cost incurred in carrying out an activity.

Sam's accounting cost is $5

Sam's economic cost is $5 + $10 = $15

I hope my answer helps you

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As a consultant to Basso Inc., you have been provided with the following data: D1 = $0.67; P0 = $27.50; and g = 8.00% (constant)
Alex787 [66]

Answer:

Cost of common from reinvested earnings  = 10.44 %

so correct option is c. 10.44%

Explanation:

given data

D1 = $0.67

Po = $27.50

g = 8.00%

to find out

cost of common from reinvested earnings based on the DCF approach

solution

we get here Cost of common from reinvested earnings that is express a s

Cost of common from reinvested earnings  = \frac{D1}{Po} + g   ............1

put here value we get

Cost of common from reinvested earnings  = \frac{0.67}{27.50} + 8%

Cost of common from reinvested earnings  = 10.44 %

so correct option is c. 10.44%

5 0
4 years ago
1/5+ 2 1/3=<br> 7/8<br> 38/15<br> 7/15<br> 38/30
tester [92]
The answer is 38/15 bc if ur multiple the bottom n top
8 0
4 years ago
Explain the difference between<br> (b) Expenses and losses.
Sunny_sXe [5.5K]

The primary distinction between expenses and losses is that costs are incurred in order to produce income, whereas losses are often associated with any other activity. the sale of an asset with a long lifespan for less than its book value. a negative verdict in a lawsuit brought against the business.

The cancellation of bonds that are payable at a cost higher than their carrying value An expense is a business's operational cost incurred to produce income. It may deduct tax-deductible expenses on its income tax returns. Either the cash basis approach or the accrual method is used by accountants to record expenses.

To learn more about expenses, click here.

brainly.com/question/14514813

#SPJ4

4 0
2 years ago
Calculating the Total Cost of a Purchase, the Monthly Payment, and an APR. After visiting several automobile dealerships, Richar
Helga [31]

Answer:

Explanation:

The picture attached shows the explanation

7 0
4 years ago
If the U.S. dollar appreciates from 1.25 Swiss franc per U.S. dollar to 1.5 francs per dollar, then the franc depreciates from _
olga55 [171]

Answer:

The answer is below

Explanation:

Appreciation and depreciation is caused by demand. If the value appreciates (or goes up), demand for the currency also rises. Whereas if a currency depreciates, it loses it value.

Given that the U.S. dollar appreciates from 1.25 Swiss franc per U.S. dollar to 1.5 francs per dollar. Sine the U.S dollar appreciates, hence the franc would depreciate. The franc depreciates from 1.25⁻¹ (0.8) U.S dollars per franc to 1.5⁻¹ (0.67) U.S dollars per franc.

If the U.S. dollar appreciates from 1.25 Swiss franc per U.S. dollar to 1.5 francs per dollar, then the franc depreciates from 0.80 U.S. dollars per franc to 0.67 U.S. dollars per franc.

5 0
3 years ago
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