All categories

3 years ago

Can all opportunity costs be evaluated using a cost/benefit analysis

2 answers:

Citrus2011 [14]3 years ago

6 0

Not necessarily-cost benefit analysis is subjective and cannot measure emotional/personal preferences between decisions perfectly.

user100 [1]3 years ago

6 0

Answer:

Cost benefit analysis is a method in which programs total cost by the benefits in the project In monetary units or common units is calculated. This can be used to find the benefits and cost of program and compare it with others.

Explanation:

For example consider a vendor is selling snacks and gaining profit with two helpers at hand he wants to extend his stall and hire two more helpers. For now he is Outsourcing the demand that is not being fulfilled at his place

Total cost -

Lease of stall - 10,000

Helpers pay- 12000

 Investment- 6000

 Total-28000

 Benefits-

 Profits- 38000

 Outsourcing- 5000

 total 33000

 so CBA= 28000/33000 = 0.848

benefits on hiring and leasing

 total cost-

Lease of stall - 20,000

Helpers pay- 24000

 Investment- 12000

Total- 56000

Benefits-

Profit -76000

Cba = 56000/76000= 0.73

You might be interested in

During the course of one week, the local burger joint has enough time to hire or layoff workers, but it does not have enough tim

Irina-Kira [14]

Answer:

d. is in the short run

Explanation:

In the short run, at least one factor of production is fixed. In this question, the kitchen area and sitting space are fixed. These represents the fixed costs.

In the long run, all factors of production are variable.

The variable cost in this question , is the cost of Labour.

I hope my answer helps you

3 0

4 years ago

Robert and Maxine Thomason are planning to purchase a new refrigerator-freezer for their new home. They have compared the qualit

DiKsa [7]

Robert and Maxine Thomason are planning to purchase a new refrigerator-freezer for their new home. They have compared the quality, style, and price of four models. For the Thomasons, a refrigerator-freezer is a(n) Shopping product (E)

Explanation:

A shopping product is a product which involves a lot of research and comparison with the similar products of other brand.

A shopping product can be categorized into

Homogeneous Product
Heterogeneous Product

Homogeneous Product are the products that share similar features,nature and the final purchase decision is based on the lowest price available in the market for that particular product

6 0

3 years ago

PlastiPharm produces a foundational product that sits on a shelf until it is needed and added to another product. In reviewing t

Alexxx [7]

PlastiPharm would want to perform the additional testing because:

The additional testing helps the company as it strives for perfection in its products and helps avoid future problems by reducing waste (defective parts). (Option C)

Testing all the parts addresses any questions that customers might have about quality or performance of materials. (Option D)

<h3>Why do manufacturers carry out testing?</h3>

Rigorous testing is usually carried out by companies to ensure that defects and hazards are detected before the products are sent out into the market.

This way, their liability from product defects is reduced or eliminated completely.

Learn more about testing at;
brainly.com/question/15243255
#SPJ1

8 0

3 years ago

3. During Michael Jordan's NBA career (

mojhsa [17]

Answer:

7324

Explanation:

We need to find the number of completed free throws out of total free throws

Since he completed 83.5% of them, you find 83.5% of 8772

83.5% can be rewritten as 0.835

$8772 \times 0.835 = 7324.62$

We don't round up because it isn't 1 complete free throw. 0.62 is not 1 complete free throw so round down

3 0

3 years ago

Which type of supply chain structure tends to minimize the risk of catastrophic supply chain quality risks, similar to the kind

Andrei [34K]

Answer:

The correct answer is the option C: A vertically integrated supply chain.

Explanation:

To begin with, a vertically integrated supply chain is the one that the companies choose in order to have a higher management over the whole supply chain and that is because the principal company who uses that strategy is the one who will give the orders and manage the other firms of the supply chain with the purpose of establishing better results by avoinding catastrophic risks that can happen. That is why, a vertically integrated supply chain tends to minimize the risks inside the chain.

5 0

3 years ago