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padilas [110]
2 years ago
10

What is an opportunity cost

Business
1 answer:
xxMikexx [17]2 years ago
7 0

Answer:

B

Explanation:

Opportunity cost is the valje of the next best alternative forgone when a choice is made.

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Assume Baldwin is producing 2,498 units of Bill next year. What would Bill's plant utilization be?
Digiron [165]

Answer: Option A

<u>Explanation:</u>

The production utilization is the use of the productive capacity of the firm. It shows the extent to which the production capacity of the firm can be used to produce the goods in the firm.

It shows the relationship between the output that has been produced with the equipment that has been installed in the enterprise. If the capacity of the firm is totally utilised, it is very efficient and can be used to produce the maximum amount of goods of that enterprise.

3 0
3 years ago
Which characteristics describe customers who are more likely to have high assets and medium-low debt?
Zielflug [23.3K]

Customers with credit cards with no balance are more likely to have high assets and medium-low debt.

<h3>What do you mean by Credit card?</h3>

A credit card is a small rectangular or metal piece of paper issued by a bank or financial services company, which allows cardholders to borrow money to pay for goods and services from merchants who accept cards to pay.

Customers who are more likely to have medium and low credit often use credit cards, but do not leave a balance. They also have a savings account and a retirement account.

Thus, Customers with have credit cards with no balance are more likely to have high assets and medium-low debt.

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7 0
2 years ago
The Josey Company purchased equipment for $21,000 on October 1. It is estimated that annual depreciation on the computer will be
zimovet [89]

Answer:

b

Explanation:

4 0
3 years ago
As part of their marketing strategy, companies will identify a _______, a group of similar people whose interest the company wan
Alina [70]

As part of their marketing strategy, companies will identify a target market, a group of similar people whose interest the company wants to gain.

<h3>What is a target market?</h3>

A target market is a group of customers which could be in the same area that have interest in a particular product.

They are usually identified as the most likely buyers of a product or service.

Therefore, as part of their marketing strategy, companies need to identify a target market, a group of similar people whose.

For more information on target market kindly check

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5 0
2 years ago
Human resources that perform the functions of organizing, managing, and assembling the other factors of production are
tatiyna

Answer:

The correct answer is letter "A": entrepreneurs.

Explanation:

Entrepreneurship is the factor of Human Resources (HR) by which representatives are in charge of coordinating with different departments on how to allocate labor force to achieve the business operations effectively. In some cases, some policy decisions and risks will have to be taken by them.

4 0
3 years ago
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