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vampirchik [111]
3 years ago
5

Carlos recognizes that if he visits his aunt on Saturday, he'll miss his brother's football game. The economic principle best em

bodied by this story is:
Business
1 answer:
mr Goodwill [35]3 years ago
3 0

Answer: Opportunity cost

Explanation:

The economic principle best embodied by this story is the opportunity cost. Opportunity cost is the cost of what one forgoes when one takes an alternative decision.

In this case, the opportunity cost of him visiting his aunt will be the lost opportunity which he could have used to watch his brother play.

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11. In the first quarter of 2010, U.S. advertisers spent $5.9 billion on online advertising. In the first quarter of 2011, they
oee [108]

Answer:

The percentage rate of growth from 2010 to 2011 is the 1237.3%

Explanation:

The percentage rate or growth for online advertising spend in 2011 compared to 2010 is obtained when calculating the following operations:

1. You must know what is the base figure you want to use to determine the percentage growth. In this case $5.9 Billion is the base figure you will use.

2. You want to know what is the figure with which you will determine the final growth. In this case is $73 billion.

3. You replace the values in the following formula:

percentage rate or growth =(( <u>   Final growth figure   </u> )  ) x 100

                                                         Base figure

percentage rate or growth =(( <u>  73   </u> )  ) x 100

                                                     5.9    

percentage rate or growth = 12.3728 x 100

percentage rate or growth = 1237.28

4. As you want to round your answer to one percentage place, then you round to .28 to .3 that is the next higher decimal number.

percentage rate or growth = 1237.3%

6 0
3 years ago
Which sentence in the text signifies the ‘tangibility’ of goods?
Alex Ar [27]
Which sentence............????
6 0
3 years ago
Arrange the laws listed in the order in which they were passedPlease note that once you complete this part of the you will be un
Morgarella [4.7K]

Answer and Explanation:

The following laws have been passed in the following years. They have been written in ascending order according to the year in which the particular law has been passed.

Civil Rights Act                                                  1964

Age Discrimination in Employment Act          1967

Equal Employment Opportunity Act               1972

Vocational Rehabilitation Act                          1973

Americans with Disabilities act                          1990

American with Disabilities Amendment Act 1990

Civil Rights Act                                                  1991

7 0
4 years ago
Kirtland Corporation uses a periodic inventory system. At the end of the annual accounting period, December 31 , the accounting
inysia [295]

Average Cost

Cost of average cost = cost of goods available for sale/ No. of units available for sale

114060/(400+300+460)

= $3.5

Cost of goods sold average cost =no. of units sold * average cost

= 860*3.5

= $3010

Ending inventory average cost =no. of units in ending inventory* average

(1160-860)*3.5

= $1050

FIFO

Cost of goods sold as per FIFO =no. of units sold * cost as per FIFO

(400*3)+(300*3.4)+(160*4)

= $2860.

The average cost is the unit cost of production obtained by dividing total cost (TC) by total production (Q). The unit cost of production means that all fixed and variable costs are considered when calculating the average cost. Hence, it is also called the total cost per unit.

Learn more about average Costs here brainly.com/question/27819027

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8 0
2 years ago
Calculate an activity rate for packing based on packing orders. a.$1.20 per packing order b.$9.00 per packing order c.$60.00 per
EleoNora [17]

Answer:

d.$10.00 per packing order

Explanation:

The formula to compute the activity rate for packing order is shown below:

Activity rate for packing order = Total packing orders cost ÷ Total number of packing order

where,

Total packing order cost = $24,000

And, the total number of packing order = 400 + 2,000 = 2,400

So, the activity rate for packing order is

= ($24,000) ÷ (2,400 orders)

= $10 per packing order

4 0
4 years ago
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