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3 years ago

What is the difference between the price of a product and the opportunity cost of a product?

Business

1 answer:

maxonik [38]3 years ago

4 0

Answer:

see below

Explanation:

The price of a product refers to the amount that a customer pays to acquire the product. It is the monetary value attached to the product. Price is the minimum amount of money that a supplier or seller accepts in exchange for goods and services.

Opportunity cost is the forfeited benefits for not selecting a particular option. Opportunity costs arise as people make choices between various alternatives. Once the preferred option has been selected, the next best alternative is the opportunity cost. The value of opportunity cost is the missed benefits from the next best alternative.

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According to the census bureau, the u. S. Population is projected to grow by 78 million between 2017 and 2060. The native popula

Margarita [4]

Between 2017 and 2060, the growth in the U.S. population will be accounted for by a growth in the foreign-born population of 85%.

<h3>How will the American population change by 2060?</h3>

The census bureau believes that the U.S. population will change by more than 78 million by 2060.

Out of this number, the foreign-born population of the nation which includes immigrants and their children, will comprise of 85%.

Find out more on the U.S. population at brainly.com/question/16669950

4 0

2 years ago

You run a hotel with 200 rooms. Fixed daily cost is $1500 which includes staff salary and property charges, maintenance cost is

erica [24]

Answer:

The revenue is $2,450

Explanation:

The computation of the revenue is shown below:

= Sales - variable cost - additional costs - fixed cost

where,

Sales = Selling units × price per unit

= 50 rooms × $100

= $5,000

Variable cost = variable cost × price per unit

= 50 rooms × $15

= $750

The other cost value would remain the same

Now put these values to the above formula

So, the value would equal to

= $5,000 - $750 - $300 - $1,500

= $2,450

6 0

3 years ago

Read 2 more answers

Simon Software Co. is trying to estimate its optimal capital structure. Right now, Simon has a capital structure that consists o

lidiya [134]

Answer:

14.35%

Explanation:

Simon Software Co

rs= 12%

D/E = 0.25

rRF= 6%

RPM= 5%

Tax rate = 40%.

We are going to find the firm’s current levered beta by using the CAPM formula which is :

rs = rRF+ RPM

12%= 6% + 5%

= 1.2

We are going to find the firm’s unlevered beta by using the Hamada equation:

=bU[1 + (1 −T)(D/E)]

Let plug in the formula

1.2= bU[1 + (0.6)(0.25)]

1.2=(1+0.15)

1.2= 1.15bU

1.2÷1.15

1.0435= bU

We are going to find the new levered beta not the new capital structure using the Hamada equation:

b= bU[1 + (1 −T)(D/E)]

Let plug in the formula

= 1.0435[1 + (0.6)(1)]

=1.0435(1+0.6)

=1.0435(1.6)

= 1.6696

Lastly we are going to find the firm’s new cost of equity given its new beta and the CAPM:

rs= rRF+ RPM(b)

Let plug in the formula

= 6% + 5%(1.6696)

= 14.35%

3 0

3 years ago

MC Qu. 122 Walter Enterprises expects... Walter Enterprises expects its September sales to be 20% higher than its August sales o

padilas [110]

Answer:

Ending cash balance $67,900

Explanation:

The computation of the ending cash balance is given below:

Schedule of expected cash collection for September

From august sales (70% of 225,000) 157,500

From sept. sales (30% of 270,000) 81,000

Total cash collection$238,500

Now

Schedule of expected cash payment

For august purchase (80% of 175,000) 140,000

Foor september purchase (20% of 195,000) 39,000

Total cash payment $179,000

Now

Beginning cash balance 8,400

Budgeted cash collection 238,500

Total available cash 246,900

Budgeted cash payment -179,000

Ending cash balance $67,900

7 0

3 years ago

Signature Appliance Group decided to remove the grill unit from the ovens it sells in South America after customers complained t

kifflom [539]

Answer:

Signature Appliance Group

The environmental force that caused the company to change its product features is:

the Social and Cultural Environment.

Explanation:

The Social and Cultural Environment refers to the changing needs of customers in South America as a result of the values, attitudes, and preferred styles of consumers. These are always in a state of flux every year. Since customers preferred to grill outside rather than inside their kitchens, adding the grill unit in the ovens that the company sells in South America will not enable customers to choose its ovens over competitors'. To respond to the stated needs of its customers, the grill must be removed, thereby reducing the cost of the ovens.

4 0

2 years ago