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3 years ago

In 20 words or fewer, name some other types of opportunity costs

Business

1 answer:

user100 [1]3 years ago

3 0

Answer:

Opportunity cost is a fictitious cost used in the assessment of alternative resource uses. The cost is the lost income from the alternative that you have not chosen to use. A standard example is when a person has a large amount of money and two options: Save them at a fixed monthly interest rate or pay off their loans. If you choose to save at a fixed monthly interest rate, the monthly cost of the loan will be the alternative cost. If, on the other hand, you choose to pay off your loans, the lost interest income will be the alternative cost.

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The hr manager told jim that the company pays the total health insurance costs for a family of four. as a single man, this benef

Nimfa-mama [501]

The answer to this question is "VALENCE" such as when the HR Manager told Jim that the company pays the total health insurance costs for a family of four and as a single man, this benefit did not seem especially important and significant to him right now. Here, then Jim is a low on the valence element of the expectancy theory.

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3 years ago

While shopping at the mall, Jane was asked by one of the sales representatives at the cosmetics counter to try out a new lipstic

gavmur [86]

Answer: Fair price is the type of a reference price that Jane is using.

Here, Jane is of the opinion and how she pursues the price of the commodity in the market .i.e. fair price is the quantity of money that it you pursue to be sensible for a commodity.

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3 years ago

Sunland Company had the following two transactions related to its delivery truck. 1. Paid $38 for an oil change. 2. Paid $564 to

Jobisdone [24]

Answer:

1. Paid $38 for an oil change.

$38 Maintenance Expenses - DEBIT

$38 Cash - CREDIT

2. Paid $564 to install special shelving units, which increase the operating efficiency of the truck.

$564 Delivery Trucks - DEBIT

$564 Cash - CREDIT

Explanation:

1. Paid $38 for an oil change

$38 Maintenance Expenses - DEBIT

$38 Cash - CREDIT

An oil change it's just an expenses of maintenance, which goes as General Expenses directly to the Income Statement.

2. Paid $564 to install special shelving units, which increase the operating efficiency of the truck.

$564 Delivery Trucks - DEBIT

$564 Cash - CREDIT

The installations of shelving units it's an improvements in the company's fixed assets, therefore, assets improvements are activated as fixed assets in the non-current assets section of the balance sheets.

6 0

3 years ago

What could this sign is on the left side

Mnenie [13.5K]

Answer:

well the sign on the left showes a coffee and on the right they said twi dollars for the brewed coffee

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2 years ago

Jaleel is the marketing manager for a moderately well-known rock band. He wants to know more about industry trends including sal

BlackZzzverrR [31]

Answer:

Syndicated Data

Explanation:

Syndicated is a general data which does not represents a single entity, it includes a vast number of entities data that is aggregated to analyze how much value the company can drive from this aggregate amount. So the data that helps in analyzing the environment in general to plan the future move of organization is known as Syndicated Data. The manager is collecting aggregate data that comes from a wide number of bands, including industry sales by musical styles, online views, etc. is a syndicated data.

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3 years ago