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2 years ago

Explain how opportunity cost is different for economic goods and free goods

Business

1 answer:

Pepsi [2]2 years ago

5 0

Answer:

The difference is that free goods have exactly zero opportunity cost, because they cost nothing, their price is zero, and their use is non rival, and non excludable, meaning that if a person uses a free good, that person does not prevent any other person from using the good.

Economic goods, on the other hand, are goods that have a price, and that have a cost of production. Besides they are rival and/or exclusionary. The opportunity cost of an economic good varies depending on the good, but it is never zero.

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The second step a clinician takes after meeting with a client is:

aalyn [17]

<span>The clinician will next gather any relevant information about the client, such as information from family members and people close to the client. This will allow the clinician to make a more thorough diagnosis and better understand any variables that might be working for or against the person.</span>

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2 years ago

Suppose that you deposit? $10,000 in an account that pays? 6% interest and you want to know how much will be in your account at

dimaraw [331]

Answer:

B. =PV(.06,10,0,10000)

Explanation:

In MS Excel the formula of Present value re is as "=PV( rate, nper, pmt, [fv] )".

PV = Present value

rate = Interest rate= 6% = 0.06

nper = number of periods = 10

pmt = payment made each period = 0 in this scenario

fv = future value = 10,000

So, according to the formula the correct sequence is =PV(.06,10,0,10000)

which is correctly mentioned in option B.

3 0

3 years ago

Marietta works in a production department alongside six other workers who do the same type of work. Each works independently but

marissa [1.9K]

Marietta is a part of A WORK GROUP.
The correct option is B.
A work group is made up of members, who can represent one unit or department and these members work independently but at the end of the day they pool their outputs together. The characteristic feature of work groups include the following: individual accountability, focus is on individual goals, production of individual work product, defined individual roles, tasks and responsibilities, etc.

4 0

2 years ago

Vasudevan Inc. recently reported operating income of $2.75 million, depreciation of $1.20 million, and had a tax rate of 40%. Th

exis [7]

Answer:

Free cash flow = $2.25 million.

Explanation:

We know,

Free cash flow = Operating income ×( 1 - tax rate) + depreciation - net working capital.

Given,

free cash flow = ?

Operating income = $2.75 million

tax rate = 40%.

depreciation = $1.20 million.

net working capital = $0.6 million.

Putting the values into the formula, we can get

Free cash flow = [Operating income ×( 1 - tax rate) + depreciation - net working capital] million.

Free cash flow = [$2.75 ×( 1 - 40%) + $1.20 - $0.6] million.

Free cash flow = ($2.75 × 0.6 + $1.20 - $0.6) million.

Free cash flow = ($1.65 + $1.20 - $0.6) million.

Free cash flow = ($2.85 - $0.6) million.

Free cash flow = $2.25 million.

6 0

2 years ago

You have made an important presentation to several Japanese executives regarding a proposed partnership between your American co

Levart [38]

Answer:

Correct option is E.

A lack of communication

Explanation:

It is an instance of two societies speaking with one another. Add to social contrast, there are even language contrasts. To think at an exceptionally fundamental level, the Japanese here are most likely confronting language as well as unfit to fathom American business culture.

Despite the fact that these things are likely while managing in global exchange, the most ideal approach to improve correspondence is to see each other's way of life and modify the language and correspondence tone in like manner. Along these lines, there is absence of compelling correspondence between the American and the Japanese.

8 0

2 years ago