1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nekit [7.7K]
3 years ago
7

5

Business
1 answer:
Finger [1]3 years ago
3 0

Answer: sightseeing

Explanation:

Opportunity costs represent to the potential benefits that an economic entity misses out on when another alternative is chosen over another.

In this case, due to the increase in the price of the plane ticket, Mikael decides to give up visiting the popular Ouro Preto during his stay in Brazil even though it was earlier planned. Therefore, it can be infered that sightseeing is the opportunity cost as that is what he forgoes in order to choose a different alternative.

You might be interested in
Ryan is self-employed. This year Ryan used his personal auto for several long business trips. Ryan paid $1,500 for gasoline on t
Pie

Answer:

A.$2,250

B.$1,152

Explanation:

A.

$1500 + 3000*[3000/12000]

$1,500 + $750

= $2,250

B.

{[820/12000]*3000} + {[820/1300]*1500}

=$205 +$946

=$1,152

6 0
3 years ago
There is an oil refinery located on a river. A fish farm is located in the bay, and is adversely affected by the oil refiner’s w
Galina-37 [17]
D. Suppose that the government imposes a tax on the oil refiner that makes the oil refiner pay twice per unit of output produced. is there T that induces the Pareto efficient level of o
6 0
3 years ago
Knowledge Check 01 The standard quantity per unit defines the ________. multiple choice price that should be paid for each unit
cricket20 [7]

Answer:

amount of direct materials that should be used for each unit of finished product including an allowance for normal inefficiencies, such as scrap and spoilage.

Explanation:

Standard quantity per unit is defined as materials that the manufacturer needs to complete a unit of a product. It also allows for inefficiencies such as spoilage and scrap.

It is used by managers to reduce wastage that exists during production by allocation of only the required amount of direct materials in the production process.

5 0
3 years ago
Cashier's checks Checks Question 5 0/1 pts If Sid Inc. has net sales of $750,000, sales on account of $600,000, and sales return
IRINA_888 [86]

Answer:

Option A,$72000

Explanation:

Bad debt expense is computed on the net  credit sales amount, in other words, the bad debt expense is 12% of credit sales of $600,000.

Bad debt expense=$600,000*12%

                               =$72000

Option C is wrong because the answer was arrived at by calculating 12% of $750,000 the net sales amount that also has cash sales of $150,000 included in it($750000-$600000)

Option B is wrong as the amount of sales returns and allowances of $50,000 was deducted from $600,000 prior to applying 12% allowance for bad debt

7 0
3 years ago
In which of these areas in the manufacturing and distribution process can a company create sustainability measures? (Select all
Deffense [45]
Understand the needs of your customers; sales, transportation, the whole supply chain. Take function and brand into account. Reduce, minimise and optimise packaging materials. Reduce packaging waste, use recyclable lightweight materials, biodegradable, compostable materials and renewable resources.
4 0
3 years ago
Other questions:
  • Which is an example of outsourcing?
    7·1 answer
  • In response to information regarding the salaries of executives at firms receiving bailout funds in the United States, some peop
    6·1 answer
  • You have just received notice that a customer of yours with an Account Receivable balance of $100 has gone bankrupt and will not
    12·1 answer
  • Jensen Company reports the following: Direct materials used $345,000 Direct labor incurred 250,000 Factory overhead incurred 400
    12·1 answer
  • Resource management for most service-providing organizations generally requires as many intermediate levels of planning as it do
    8·1 answer
  • One term is used to identify a collection of activities designed to gain access to personal and corporate information. The activ
    15·1 answer
  • On September 1, Year 1, Gomez Company collected $23,100 in advance from a customer for services to be provided over a one-year p
    10·1 answer
  • A problem that the Fed faces when it attempts to control the money supply is that Group of answer choices the 100-percent-reserv
    6·1 answer
  • Assume that a company uses a standard cost system and applies overhead to production based on direct labor-hours. It provided th
    6·1 answer
  • Which action will not protect your credit
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!