Answer:
The opportunity cost of that decision is - $250,000
Explanation:
For computing the opportunity cost, we have to use the formula of opportunity cost which is shown below:
= Return of project which is not chosen - the return of a chosen project
= $750,000 - $1,000,000
= - $250,000
Since in the question, it is given that the chosen project is X so we write the project X amount in the formula and the not chosen project of-course is Y.
Hence, the opportunity cost of that decision is - $250,000
Answer:
quantitative measurements of the nation's economic activity from last quarter
In order to run your buissnes
<span>Ke Guiwen is visiting the United States from China. As he visits several companies and talks to both workers and managers, he is surprised to realize that although U.S. workers seem to have more autonomy than the employees in his company, they also tend not to work together to complete tasks. </span>Ke Guiwen’s surprise is probably due to a communist orientation in his culture.
