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aleksklad [387]
3 years ago
5

Looking to invest in his first pair of leather dress shoes, sean is deciding between some alden slip-ons and some allen edmonds

wingtips. the aldens are more expensive. what is included in the opportunity cost of buying the aldens?
Business
2 answers:
lana66690 [7]3 years ago
8 0

Answer

The saving that would come from purchasing the wingtips and the aesthetic of the wingtips

Explanation

The benefit and value of a good or service that must be given up to obtain something else is the opportunity cost. The benefit is missed when another choose is made over the other. I this case, the buyer include his or her taste and preferences in deciding to take the aldens type of shoe and leave the allen.


Simora [160]3 years ago
7 0

The savings that would come from buying the wingtips

The classic, snazzy look that comes with wearing wingtips

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3 years ago
Assume a consumer can buy two goods, A and B, and that the prices are Pa and Pb respectively. The marginal utility of A is MUa a
Veseljchak [2.6K]

Answer:

(c) MUa/Pa = MUb/Pb

Explanation:

The Utility Maximization Rule is

MUa/Pa = MUb/Pb, where MUa represents the marginal utility derived from good a, Pa represents the price of good a, MUb represents the marginal utility of good b and Pb represents the price of good b.

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4 years ago
The charter of a corporation provides for the issuance of 100,000 shares of common stock. Assume that 60,000 shares were origina
ruslelena [56]

Answer:

55,000 shares

Explanation:

Given that

60000 shares were originally given

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= 60000 - 5000

= 55,000

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3 0
3 years ago
Describe the operations function and nature of the operations manager's job
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3 0
3 years ago
If Edward wants to earn $215,000 within the next 20 years and the salaries grow at 4.15% per year, what salary should he start a
maw [93]

Answer:

$89,000

Explanation:

Explanation:

Let the salary at the beginning be A

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We have that ;

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3 0
3 years ago
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