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abruzzese [7]
2 years ago
5

Opportunity costs are a large factor in individual decision-making. Please sort the statements according to whether or not they

have an opportunity cost.
Has an opportunity cost
Having a "lazy afternoon"
Working an 8 hour shift
Cooking dinner
Eating out
Reading you favorite book
Catching up with an old friend
Does not have an opportunity cost
Nothing
Business
1 answer:
uranmaximum [27]2 years ago
4 0

Answer:

Has an opportunity cost

  • Having a "lazy afternoon" VS Working an 8 hour shift VS
  • Cooking dinner VS Eating out
  • Reading you favorite book VS Catching up with an old friend

Explanation:

Opportunity costs refer to the extra costs or benefits lost associated with choosing one activity or investment over another alternative. In other words, every  activity that you carry out includes the opportunity cost of not doing something else. No matter what we do, we could be doing something else.

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Vlad1618 [11]

Answer:

Residual income= $36,000

Explanation:

Residual income is the income that is generated in excess of the minimum required rate of return, which in this case is 10%. Any income above 10% return is considered as residual income. In this case the investment is 1,800,000 and 10% of that is 180,000 (0.1*1,800,000). So any income made above $180,000 will be residual income. In order to find the residual income we subtract the minimum income required from the actual income.

In this case the minimum income required is 180,000 and the actual operating income is 216,000 so residual income=

216,000-180,000= $36,000

4 0
3 years ago
_____, as a conflict management strategy, is the political equivalent of "win some, lose some" and is possible in a long-term re
Lady bird [3.3K]

Answer:

compromising

Explanation:

Compromising—when you compromise or “split the difference” in a conflict which is the political equivalent of "win some, lose some" and is possible in a long-term relationship where there is time for give-and-take exchange.

5 0
3 years ago
Which of the following would decrease aggregate demand? a) an improvement in consumer confidence b) a decrease in the foreign ex
Alex_Xolod [135]

Answer:  Option B

                                 

Explanation: In simple words, aggregate demand refers to the total amount of goods and services that the consumers are willing to consume at a specific price and in a specified time.

A decrease in dollar value will result in less purchasing power for imports. This will result in less supply which will ultimately increase the price of the imported quantity, thus, resulting in decrease in aggregate demand.

8 0
3 years ago
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GaryK [48]

Answer: Bribery.

Explanation:

Bribery is a legal offense which involves giving or demanding for some form of valuables so as to gain favouritism or influence a situation in someone's else favour. Giving or accepting bribes while discharging one's duty as a government official or public office holder is said to be a form of corrupt practices, this could come as a form of gift, money, goods, property, contract award, etc.

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8 0
3 years ago
What requires frequent safety and health inspections
Gwar [14]

Answer:

The food and drug industry

Explanation:

The Pure Food and Drug Act of 1906

5 0
2 years ago
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