Answer:
1. lost wages from not working full time.
Explanation:
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
A person usually has to decide between working and going to school.
If the person decides to go to school, the opportunity cost is the wages forgone .
Travel expenses, tuition, and books are the real costs of attending college .
I hope my answer helps you
Answer:
C. Incipient Stage of the Social Movement
Explanation:
Social Movements represent group actions. The movement is usually characterized by the coming together of organisations or individuals, it can be formal or informal. The focus of social movements is to provoke action or bring about change in areas of the society.
Social Movements are marked by 4 stages: Emergence, coalescence, bureaucratization, and decline
Stage 1: Emergence or Incipient Stage - This stage is where individuals in isolated areas begin to see or believe there is a problem with a policy or an area of society. There is disappointment with certain social or political issues. It is the stage of realisation of a problem and dissatisfaction with the problem and this is the stage identified in the question.
Stage 2: Coalescence - This stage goes beyond the dissatisfaction to people, groups coming together to discuss the issue and then campaigns and protests begin to emerge
Stage 3: bureaucratization- Powerful unions begin to emerge, these coalitions also begin to acquire political power to cause change in the issues they are addressing.
Stage 4: Decline - Decline can be defined as the fizzling out of the movement, it can be due to the fact that it succeeded in causing a societal change in the area addressed or it failed and had to disband.
Answer:
1a.
Magic Realm, Inc.,
Contribution format income statement
Per Unit Amount
Sales 62 2,207,200
Variable expenses 42 (1,495,200)
Contribution margin 20 712,000
Fixed expenses (623,000)
Net operating profit 89,000
1b.
Degree of operating leverage: 4
2. The expected percentage increase in net operating income for next year: 184%
Explanation:
1a. Please refer to the answer part
1b. Degree of operating leverage = Contribution margin / net operating profit = 712,000/89,000 = 8.
2.
Expected percentage increase in net operating income for next year = Expected percentage increase in sales next year x operating leverage = 23% x 8 = 184%
The answer for the first question is D.
Many organization adopting a societal stance to social responsibility respond to requests for donations to Little League, Girl Scouts, and youth soccer programs.
