3 years ago

What’s an example of Opportunity Costs?

2 answers:

8 0

Answer:

Opportunity cost is the second choice that you had to leave behind like Going to a vacation instead of buying a car therefore not spending the money on a new car is your opportunity cost

more examples can be buying KitKat instead of marshmallow so marshmallow is your opportunity cost

AnnZ [28]3 years ago

5 0

Not being able to do something because of the time and resource and the thing you already did.

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Lower of Cost or Market The accountant for Murphy Company prepared the following analysis of its inventory at year end: Item Uni

Nina [5.8K]

Answer:

$52,860

Explanation:

The computation of the ending inventory using the lower of cost or market method is shown below:

Product Cost Net realizable value Lower of cost or NRV

RSK-89013 600 × $38 = $22,800 600 × $47 = $28,800 $22,800

LKW-91247 420 × $47 = $19,740 420 × $40 = $16,800 $16,800

QEC-57429 510 × $26 = $13,260 510 × $32 = $16,320 $13,260

Carrying value of the ending inventory is $52,860

7 0

3 years ago

Ana offers Corey her vacuum cleaner for $300. Corey rejects the offer, so Ana promises to sell the vacuum cleaner to Abey. Howev

fenix001 [56]

Answer:

Explanation:

6 0

4 years ago

In the loanable funds model, an increase in an investment tax credit would create a a. shortage at the former equilibrium intere

Drupady [299]

Answer:

a. shortage at the former equilibrium interest rate. This shortage would lead to a rise in the interest rate.

Explanation:

The equilibrium in the market for loanable funds is achieved when the quantities of loans that borrowers want are the same as the quantity of savings that savers provide. The interest rate adjusts to make these equal.

6 0

3 years ago

_____ comprises a range of practices concerned with increasing awareness, fostering learning, speeding collaboration and innovat

vesna_86 [32]

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7 0

4 years ago

A quality-of-life index measures absolute poverty levels. <br> A. True <br> B. False

Nady [450]

Answer:

B. False

Explanation:

The quality of life index refers to an index that was established by the sociologist whose name is Morris David Morris in the year 1970 that are depend on the basic literacy level, infant mortality, and the life expectancy level

In the given question, it is mentioned that the quality of life index measures the absolute levels of poverty i.e. totally wrong as it measured the things that are stated above

Hence, the given statement is false

5 0

3 years ago