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sergeinik [125]
3 years ago
14

Ziva is an organic lettuce farmer, but she also spends part of her day as a professional organizing consultant. As a consultant,

Ziva helps people organize their houses. Due to the popularity of her home-organization services, Farmer Ziva has more clients requesting her services than she has time to help if she maintains her farming business. Farmer Ziva charges $25 an hour for her home-organization services. One spring day, Ziva spends 10 hours in her fields planting $130 worth of seeds on her farm. She expects that the seeds she planted will yield $300 worth of lettuce.
Reqired:
What is the total opportunity cost (implicit plus explicit costs) of the day that Farmer Ziva spent in the field planting lettuce?
Business
1 answer:
Mama L [17]3 years ago
7 0

Answer: $380

Explanation:

Implicit costs are the opportunity costs or rather the benefits foregone by picking the current alternative.

For Ziva this is:

= 25 * 10

= $250 she would have made doing home organization

Explicit cost is the expense incurred:

= $130 worth of seed

Total opportunity cost = 250 + 130

= $380

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Determine which one of these three portfolios dominates another. Name the dominated portfolio and the portfolio that dominates i
SashulF [63]

Answer:

(C) Portfolio Yellow dominates Portfolio Blue

Explanation:

Please see attachment

8 0
3 years ago
If one wants to increase the capacity of short-term memory, more items can be held through the process of ________.
UNO [17]

Answer:

Chunking

Explanation:

If one wants to increase the capacity of short-term memory, more items can be held through the process of Chunking. This term refers to grouping many pieces of similar information into a larger piece of information. Allowing you to  just need to remember the larger units, which would give you access to the smaller components that are related to it. Thus increasing your short-term memory capacity.

5 0
3 years ago
The central focus of the marketer's activities is to develop mutually beneficial relationships with customers and potential cust
Alchen [17]

Answer:​Strong word-of-mouth communication about; increase.

Explanation: When a marketing organisation promote a mutually beneficial relationship with its customers it will help the customers to go ahead to market the company and its products with a strong word- of-mouth communication, the firm's products because that will increase the customer's lifetime value to the firm,this will help the firm to be more profitable and make more revenue now and in the future.

4 0
3 years ago
A __________ is an effort or strategy to achieve a goal or a solution to a problem that is not readily apparent. A. Concept B. S
Andrej [43]

A concept serves as an effort or strategy to achieve a goal or a solution to a problem that is not readily apparent.

What is a concept?

Concepts can be regarded as abstract ideas. they do serves as the fundamental building blocks in which principle lies on.

  • It should be noted that it play important role in all aspects of cognition.

Therefore, concept is needed for thoughts and beliefs

Learn more at:

brainly.com/question/13162939

8 0
3 years ago
Read 2 more answers
Ayayai Corp. uses the percentage of receivables method for recording bad debts expense. The accounts receivable balance is $200,
Ket [755]

Answer:

Option (B) is correct.

Explanation:

Amount of which adjusting entry required:

= Amount of uncollectible accounts - Balance in Allowance for uncollectible accounts

= (Balance in accounts receivable × Estimated percentage of accounts receivable to be uncollectible) - Balance in Allowance for uncollectible accounts

= ($200,000 × 4%) - $2,000

= $8,000 - $2,000

= $6,000

Therefore, the adjusting entry is as follows:

Bad debt expense A/c      Dr.  $6,000

To Allowance for uncollectible accounts    $6,000

(To record the bad debt expense)

5 0
4 years ago
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