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Dmitry [639]
3 years ago
7

You pay $75 for a ticket to a Drake concert. You think the ticket is worth $100. The night before the concert your friend offers

you a free ticket to a Post Malone concert that you think is worth $80. What is the opportunity cost to you of going to the Drake concert instead of the Post Malone concert?a) $155b) $20c) $5d) $75e) $80
Business
1 answer:
lukranit [14]3 years ago
5 0

Answer: $80

Explanation:

The opportunity cost is regarded as the real cost of the alternative that was left or forgone.

Based on the information given in the question, the opportunity cost is the free ticket to a Post Malone concert that is worth $80 which was given to me by my friend.

Therefore, the correct option is E.

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Cowles Corporation, Inc. makes and sells a single product, Product R. Three yards of Material K are needed to make one unit of P
DaniilM [7]

Answer:

The total needs of material K in November = 52,410

Explanation:

opening ( 13600 * 3 )= 40,800 *30%                                     12,240

Purchases                                                                               40,170

total Available material                                                         52,410

used for production(13,600*3)                                               40,800

Closing  inventory ( 12,900 *3 ) = 38,700*30%                     11,610

The opening inventory for November is October's closing inventory  

6 0
3 years ago
What were the 3 main programs president Roosevelt established to help reconstruct the US economy?
Xelga [282]

The 3 main programs president Roosevelt established to help reconstruct the US economy were referred to as the "3 R's" and they include the following.

  • Relief for the unemployed and for the poor
  • Recovery of the economy back to normal levels,
  • Reform of the financial system to prevent a repeat depression.

<h3>What was the New Deal?</h3>

The New Deal was a series of programs and projects which were originated   by President Franklin D. Roosevelt during the Great Depression that aimed to restore prosperity to Americans by revamping the American economic system.

   President Roosevelt upon ascension of office introduced the New deal which was swift way  to stabilize the economy and provide jobs and relief to those who were suffering.

The three R's of the new deal are

  • Relief for the unemployed and for the poor
  • Recovery of the economy back to normal levels,
  • Reform of the financial system to prevent a repeat depression.

  The major accomplishments of the new deal was that it restored a sense of security as it put people back to work. It also provided the framework for a regulatory state that could protect the interests of all Americans, both rich and poor.

Learn more about the New Deal at brainly.com/question/936437

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6 0
1 year ago
Read 2 more answers
Farrar Corporation has two major business segments-Consumer and Commercial. Data for the segment and for the company for March a
Aneli [31]

Answer:

The answer is "\$ 137,000"

Explanation:

Please find the complete question in the attached file.

Commercial sector contribution margin

=\$137,000

Margin per unit of contribution = sales price – Unit cost variables

Margin of Contributions = Revenue Sales - Fixed expenses

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=\$280,000- \$143,000 =\$ 137,000

7 0
3 years ago
The option of sticking with the current business lineup makes sense when
Mashutka [201]

Answer:

The correct answer is c. the company's present businesses offer attractive growth opportunities and can be counted on to generate good earnings and cash flows for shareholders.

Explanation:

A commercial line of products refers to products that are related to each other by some condition such as price, use or distribution. If, after evaluating the market, it is found that these products have a high growth potential, the best thing would be to continue betting on them within a reasonable period of time to reach a considerable level of sales. These products can in some way motivate the sale of others and therefore generate profits in the medium or short term for the shareholders.

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3 years ago
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hram777 [196]

Answer:

A. Consumers will be more likely to buy luxury goods in foreign markets.

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2 years ago
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