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2 years ago

Explain one opportunity cost of a private limited company deciding to award a pay increase to

Business

1 answer:

Anuta_ua [19.1K]2 years ago

4 0

Answer:

see below

Explanation:

Opportunity costs represent the sacrificed benefits in a decision. when choosing between alternatives, people can only enjoy the benefits from the chosen option. The advantages from the other alternatives not selected are foregone. The missed benefits from the options not selected are the opportunity costs.

Awarding employees with a pay increase will cost the private limited company money. The company could have spent that money in different other ways. For example, instead of awarding a pay increase, the company could have invested in new modern machinery, invested in shares of another company, or opened another branch. Assuming buying shares was the next best alternative to awarding pay rise, the missed dividends, and capital gains from shares not bought is the opportunity cost.

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A heavy snowstorm is predicted to occur in Boston on the same night as the city’s professional basketball team is playing a game

Jlenok [28]

Answer:

Explanation:

According to the law of demand, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.

If the price of the ticket is reduced, the quantity demanded would increase

If on the other hand, prices are increased, the quantity demanded would reduce.

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2 years ago

What type of résumé presents the job seeker's characteristics and experience in terms that accommodate the computer search proce

Reil [10]

The correct answer is keyword resume.
Here, you would use keywords to refer to your characteristics and experience, so that the computer can search the document according to the specific requirements the employer needs - so if no such requirements are met by your resume, you may not get the job.

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2 years ago

) ________ are likely a fixed cost of a firm. A) Wages paid to employees B) The payments for supplies C) Lease payments for offi

aev [14]

Answer:

C) Lease payments for office space

Explanation:

The fixed cost is the cost that remains fixed whether the production level changes or not

So as per the given choices, the option c would be selected i.e. lease payment made for office space as it would be independent with respect to the quantity generated also it would be paid even there is no production take place

Therefore the option c is correct

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2 years ago

Daube Company's operations for the month of July are summarized as follows: Provided $8,600 of services on account. Received $3,

Norma-Jean [14]

Answer: See explanation

Explanation:

a. Determine the net income for July using the cash basis of accounting.

Revenue = $3800 + $1100 + $5100 = $10000

Less: Expense = $1200

Net Income = $10000 - $1200 = $8800

b. Determine the net income for July using the accrual basis of accounting.

Revenue = $8600 + $3800 = $12400

Less: Expense = $1300

Net income = $12400 - $1300 = $11100

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2 years ago

Why might legal rules be insufficient for fulfilling one’s ethical responsibilities? Research current events to identify and bri

Sidana [21]

Legal norms and ethical norms are not same and sometimes not agreeable also. Some ethical norms may be wrong legally but some legal norms may be wrong ethically.

<u>Explanation:</u>

The law is set of rules that guide our conduct in society and enforceable through public agencies. For business environment, law provides important guide to make ethical decision making. But sometimes the norms which are ethically right are illegal and sometimes legal norms are unethical.

The example of cases which are ethically right but legally wrong are cheating in taxes or driving over the speed limit or spitting by the road side. The example of cases which are ethically wrong but legal right are falsifying financials, misleading markets and many more.

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2 years ago