Answer: Option (A) and (B) are correct.
Explanation:
Opportunity cost is the benefit that is foregone for an individual by choosing one alternative over other alternatives available to him.
If the opportunity cost is lower for an individual then this will benefit him whereas if the opportunity cost is higher then this will not benefit the individuals.
In our case, the opportunity cost of purchasing Aldens is the savings that is foregone and classic, snazzy look that comes with wearing wingtips.
Answer
The contribution margin ratio multiplied by the selling price per unit equals the contribution margin per unit.
Explanation:
What happens to the contribution margin ratio of a company that produces only a single product is that the contribution margin ratio multiplied by the selling price per unit equals the contribution margin per unit
<span>When the financial institution or lender gives a borrower a maximum credit limit of $1,000, it means that he can only owe within that amount or spend up to that limit. Otherwise, spending more than $1,000, the borrower may face penalties or fines in addition to his regular payment. In other words, credit limit refers to the maximum amount of credit a bank extends to the client who has the capacity to pay his debt.
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Answer:
her business plan document
Explanation:
A crucial criteria to receive funding from banks is to have a detailed business plan document.
This document would explain Mercy' mobile bakery business:
1. financial needs and viability,
2. marketing strategy,
3. Competitor analysis,
4. Service process etc
The bank has the responsibility of analysing this document and then making a decision whether to grant her funds.
Answer: (2) Conformity
Explanation:
The conformity is one of the principle value and it basically refers to the behavior, attitude and the beliefs for the social and the political group.
The term conformity is basically used to describe the person behavior and also beliefs so that the person are able to fit in the specific groups.
It is the process of matching the norms that are implicit and shared by the individual groups for the interaction and this principle value are adversely affected.
Therefore, Option (2) is correct.
