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Verizon [17]
3 years ago
8

Lauren makes $150 a day as a bank clerk. she takes two days off work without pay to fly to another city to attend the concert of

her favorite band. the cost of transportation and lodging for the trip is $250. the cost of the concert ticket is $50. the opportunity cost of lauren's decision to attend the concert is
Business
1 answer:
Juli2301 [7.4K]3 years ago
8 0
The two days Lauren doesn't receive pay would be $150 × 2 = $300
Add on the cost of transportation & lodging: $300 + $250 = $550
Finally, add the cost of the concert ticket: $550 + $50 = $600

The opportunity cost of Lauren's decision to attend the concert is $600.
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The type of good for which the consumer compares several alternatives on such criteria as price, quality, and style is a(n) A. s
swat32

Answer:

A. shopping product.

Explanation:

The answer is shopping product because it is a product in which the customer takes some time reviewing alternatives and characteristics before making the final purchasing decision.

B2B products refers to businesses that sell products to other bussinesses, specialty products are the ones customers specifically look because of a particular characteristic or the brand and they won't compare alternatives, convenience products are the ones a customer buys all the time and doesn't take a lot of consideration and unsought product are the ones that consumers don't know anything and are not interested in buying like funeral plans.

7 0
3 years ago
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Some accountants believe that the percent of revenue method for estimating uncollectible accounts expense is superior to the per
Dmitrij [34]

Answer:

correct option is b. False

Explanation:

as above given statement is false because

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so answer is  false

7 0
3 years ago
_____ is the decision-making method in which group members write down ideas and solutions, read their suggestions to the whole g
antoniya [11.8K]
Brainstorming and also the infinity diagram can be used in group decision making.
7 0
3 years ago
Credit granted by retailers to consumers who purchase for personal or family use is referred to as answer
Irina-Kira [14]
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3 0
3 years ago
Suppose 90-day investments in Britain have a 6% annualized return and a 1.5% quarterly (90-day) return. In the U.S., 90-day inve
Alex_Xolod [135]

Answer: $1.53776

Explanation:

Using the interest rate parity formula :

Forward currency exchange rate (F) = 1.50

SPOT rate (S) =?

Interest rate on domestic currency (Id) = 1%

Interest rate on foreign currency (If) = 1.5%

SPOT RATE(S) is given by;

S = F × (1 + If) ÷ (1 + Id)

S = 1.50 ×(1 + 0.015) ÷ (1 + 0.01)

S = (1.50 × 1.015) ÷1.01

S = 1.5225 × 1.01

S = $1.537725

3 0
3 years ago
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