1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
RUDIKE [14]
3 years ago
14

In early July, Damon Rutton purchased a $70 ticket to the December 15 game of the Sarasota Shippers. Parking for the game was ex

pected to cost approximately $22, and Rutton would probably spend another $15 for a souvenir program and food. It is now December 14. The Shippers were having a miserable season and the temperature was expected to peak at 5 ˚ on game day. Damon is thinking about skipping the game and taking his wife to the movies and dinner, at a cost of $50. The amount of sunk cost that should influence Damon’s decision to spend some time with his wife is
Business
1 answer:
Bingel [31]3 years ago
8 0

Answer:

Sunk cost will be = $70

Explanation:

Sunk Cost refers to the cost for which the amount has been already spent, and cannot be recovered. These are generally incurred and then not regarded for decision making as irrespective of decision being viable or not this cost cannot be avoided.

In the given instance, Damon Rutton Purchased the ticket of $70

This is the only cost which has already been incurred, else other costs of parking and food will only be incurred if he visits the game of Sarasota Shippers.

When he spend some time with his wife sunk cost will be = $70

You might be interested in
Which of the following actions would be likely to encourage a firm's managers to make decisions that are in the best interests o
vaieri [72.5K]
I think it is grey with blue tinsel charts... 86/56
8 0
3 years ago
Select all of the purposes workplace technology can serve, as stated in the segment.
vekshin1

Answer:

Explanation:

B because why not

7 0
3 years ago
Bill spent most of his month’s allowance for expensive tickets to a rock concert after Lorene said she would go with him. On the
aksik [14]
<span>Tony did not breach a contract because it was all up to Lorene and who she wanted to go with. Lorene is not obligated to go with either. Although Bill spent most of his allowance, he could still ask someone else, sell his ticket and or even go by himself. I do not think Tony could be held liable even if he knew. It was not a nice thing to flake on Bill, but ultimately, it was Lorene's decision to make.</span>
8 0
3 years ago
Jurisdiction M imposes an individual income tax based on the following schedule.
labwork [276]

Answer:

D) Both A. and B. are true.

  • A) The schedule provides no information as to whether Jurisdiction M's tax is horizontally equitable.
  • B) Jurisdiction M's tax is vertically equitable.

Explanation:

When we are talking about horizontal equity of a tax, we are talking about how the tax base is measured and the ability that taxpayers have to pay the tax. There is nothing here about tax base or taxpayers' ability to pay.

On the other hand, vertical equity deals with the tax rate structure. In this case, the tax rate is progressive, meaning that it increases as the taxpayers' income increases. Progressive taxes are vertically equitable.

8 0
3 years ago
Financial markets pay close attention to changes in the federal funds rate because these changes:
Naddik [55]
Financial markets give careful consideration to changes in the government reserve's rate in light of the fact that these progressions .show the Fed's arrangements for money related strategy. Financial markets is a market in which individuals exchange monetary securities, products, and other fungible things of significant worth at low exchange costs and at costs that reflect free market activity.
8 0
3 years ago
Other questions:
  • What are some reasons people dont manage their money well for the future?
    8·1 answer
  • What is an advantage of government bonds?
    6·2 answers
  • 4) All of the following are true of known liabilities except:A) Include accounts payable, notes payable, and payroll.B) Are obli
    7·1 answer
  • Garda purchased $530,000 of merchandise in August and expects to purchase $670,000 in September. Merchandise purchases are paid
    5·1 answer
  • Why does a bank sometimes hold excess reserves?
    12·2 answers
  • In your own words explain two functions of a public protector
    10·1 answer
  • The December 31, 2018, inventory of Tog Company, based on a physical count, was determined to be $470,000. Included in that coun
    12·1 answer
  • LeBlanc Inc. currently has earnings of $10 per share, and investors expect that the earnings per share will grow by 3 percent pe
    14·1 answer
  • Alpha Company, on March 1, 2017 has a beginning Work in Process inventory of zero. All materials are added into production at th
    5·1 answer
  • Debt-to-equity ratio is:
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!