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andrey2020 [161]
2 years ago
11

Money that has been or will be paid regardless of the decision whether to proceed with the project is:

Business
1 answer:
bezimeni [28]2 years ago
4 0

Answer:

Sunk costs.

Explanation:

Sunk costs refers to historical funds spent or incurred that cannot be recovered. Such costs are considered irrelevant during decision making which impacts on the business's future as they present no influence on present or future prospects.

Example

ABC investors decide to acquire land and develop residential houses at a location X. This decision is informed on the fact that the government had recently enacted a policy that led to an increase in demand for residential properties in that location. 6 months into construction of the residential houses, the government reviews and rescinds the policy. This leads to a sharp decline in property values in location X. ABC investors had already incurred 10 million dollars in the project. The 10 million dollars is considered sunk cost.

Sunk costs are the opposite of relevant costs because they can't be changed or recovered, as they've been spent or contracted in the past already. Hence, relevant cost are relevant for decision-making purposes but not sunk costs.

Hence, money that has been or will be paid regardless of the decision whether to proceed with the project is sunk costs.

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GearOne Autos Inc. has shifted its research and development unit from its home country to Germany. This allows the company to be
Nikolay [14]

Answer: (B) Location economies  

Explanation:

 According to the question, the gear-one autos inc. basically acquire the benefits of the location economies. The location economies is effective strategy in the economics used in an organization for determining the location.

The main aim of the location economics is that it producing the identical products by using the consistent strategy. The location economics helps the organization in the latest development.

Therefore, Option (B) is correct.

3 0
3 years ago
Look at the scenario Linear Production Possibility Frontier. What is the maximum number of pairs of socks Largetown can produce?
LenaWriter [7]

Answer:

A) 40

Explanation:

The chart is not very clear, but the information included is:

  • it takes four hours to produce one shirt
  • it takes two hours to produce one pair of socks

If the total number of labor hours is 80, then the maximum number of socks produced will = 80 hours / 2 hours per pair of socks = 40 pairs of socks

The total number of shirts produced would be 20.

8 0
3 years ago
Global reserves of oil, gas, and coal are still abundant. <br> a. True <br> b. False
tiny-mole [99]
I think the answer must be True! Because the scientist are uncertain of how long the resources will be last. Hope it helped you!  Have a great day! :)
3 0
3 years ago
What would cause the prices to drop
Ganezh [65]
Things that would cause prices to drop would be the quantity if there is more of that thing the price drops or the value of that thing just drops.
3 0
3 years ago
According to the BrandZ model, "Bonded" consumers at the lower levels of the pyramid build stronger relationships with and spend
Romashka-Z-Leto [24]

Answer:

FALSE

Explanation:

According to the BrandZ model, "Bonded" consumers at the lower levels of the pyramid build stronger relationships with and spend more on the brand than those at the top. This is a false statement. True statement is, according to the BrandZ model, "Bonded" consumers at the top level of the pyramid build stronger relationships with and spend more on the brand than those at the top. This bonding is created in the very last step which is the ultimate result of the

Presence

Relevance

Performance

&

Advantage step, therefore the order becomes this:

Presence

Relevance

Performance

Advantage

&

Bonding.

7 0
3 years ago
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