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
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.

You might be interested in
A good time to Evaluate (the E in SMARTER) your long-term college or education goal would be __________
svlad2 [7]
D is the correct answer
6 0
2 years ago
Read 2 more answers
Mary, the recruiter for Aurora Borealis Lighting Inc., decides to hire an individual who has the ability to learn on the job. Th
Dmitry_Shevchenko [17]

Answer:

D. Predictor

Explanation:

The predictor are behaviors that tends to be repeated by a person, when you analyze them it implies a possible repetition of an action in the future. In this case of a person who did not stay with his past employer more than two years and changes job frequently, will tend to be with the company for a short time and change job again

7 0
3 years ago
The term applied to the periodic expiration of a plant asset's cost is
Burka [1]
<span>The term applied to the periodic expiration of a plant asset's cost over its life in a balanced and orderly way is depreciation. It is not process for valuation nor is process that results in gathering of cash. Land expenses are not subject to depreciation.</span>
4 0
3 years ago
Eat at State is considering buying a new food truck. It will cost $65,000, but is expected to generate $20,000 in sales over the
Afina-wow [57]

Answer:

It is not advisable to buy the food truck, since over the 4 years of investment it will show a loss of $ 40,000.

Explanation:

Since Eat at State is considering buying a new food truck, and it will cost $ 65,000, but is expected to generate $ 20,000 in sales over the next 4 years, and at the end of the 4th year, the truck will be sold to Eat Like a Wolverine in Ann Arbor for $ 10,000 (after taxes), and it will require $ 5,000 in additional Net Working capital that will not be recovered when the truck is sold, and the Dean of Food Services will only authorize the purchase if it is cash positive by the end of the 4th year, to determine, using the payback period method if the truck should be purchased and why, the following calculation must be performed:

-65,000 + 20,000 + 10,000 - 5,000 = X

-70,000 + 30,000 = X

-40,000 = X

Therefore, it is not advisable to buy the food truck, since over the 4 years of investment it will show a loss of $ 40,000.

3 0
2 years ago
An excise tax on alcohol causes the supply of alcohol to decrease and the price of alcohol to decrease.
Ainat [17]

Answer:

False

Explanation:

An excise tax is tax levied on some specific goods. It is an indirect tax because it is not levied on customers.

Excise tax would increase the cost of supplying alcohol. This would reduce the supply of tax. A decrease in the supply of tax would increase the price of alcohol

4 0
2 years ago
Other questions:
  • The ____, which said broadcasters must operate in the "public convenience, interest or necessity," became the foundation for all
    6·1 answer
  • What is the best Honda dirt bike?
    9·1 answer
  • Career exploration unit 5 test answers- edgenuity- business management and administration careers
    6·2 answers
  • Accountants that have a Certificate in Public Accounting (CPA): a.must pass a national examination and be licensed by the state
    7·1 answer
  • Gross income minus any adjustments, deductions, and exemptions is known as___. A.adjusted gross income. B.federal income. C.gros
    12·2 answers
  • Which of the following statements about cover letters is false?
    15·2 answers
  • A(n) ____________________________ exists to promote the sales of a particular manufacturer’s products.
    14·2 answers
  • Portions of the financial statements for Myriad Products are provided below. MYRIAD PRODUCTS COMPANY Income Statement For the Ye
    15·1 answer
  • In March, Kelly Company had the following unit production costs: materials $12 and conversion costs $8. On March 1, it had no wo
    13·1 answer
  • A private not-for-profit entity receives three large cash donations: One gift of $71,000 is restricted by the donor so that it c
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!