Answer:
$70
Explanation:
The opportunity cost is the value in which the advantage is produced from the options available. The best gain is term as the opportunity cost
In the question, it is given that the offered price is $70 and the yesterday price is $30 which was paid which terms as a sunk cost. This cost is not useful for decision making as well as for computing the opportunity cost also
So, only $70 would be considered
Answer:
P = MR = 1
Explanation:
The demand function is q = 25 - 12p.
The total income is the price of potatoes multiplied by the quantities of potato --> P * Q
p*q = p*(25-12p)
p*q = 25p - 12p^2
the first derivative of the previous equation is the marginal revenue. In perfect competition the Price = Marginal revenue.
First derivative of total income ---> 25-24p
And MR = P
25-24p=p
25=25p
<h2>p=1</h2>
A, B, and C would best demonstrate the tasks.
Explanation:
The preparation of the Assets section is shown below:-
Alpha Dog Company
Adjusted Trial Balance
December 31, 2016
Particulars Assets
Cash $88,450
Accounts Receivable $150,000
Supplies $29,255
Total current assets $179,255
Fixed Assets
Equipment $295,285
Accumulated Depreciation -$238,760 $56,525
Stock Investment $172,000
Total Fixed assets $228,525
Total Assets $407,780
Total Assets = Total current assets + Total fixed assets
That is true because has most likely asked for higher than the offer.
