Answer:
the $400 you would have earned if you sold the toy
Explanation:
Opportunity cost or implicit is the cost of the next best option forgone when one alternative is chosen over other alternatives.
If you didn't give the toy to the child, you could have sold it for $400. Selling the toy is the next option and thus, it is the opportunity cost
Answer:
Which of the following best describes stockholders' equity? Stockholders’ equity are the economic resources of the firm
Explanation:
Stockholders' equity, also referred to as shareholders' equity, is the remaining amount of assets available to shareholders after all liabilities have been paid. It is calculated either as a firm's total assets less its total liabilitie
Answer:
b) intangible
Explanation:
In the scenario described above, the company Sizzlin 'Shine offers services through professionals trained to apply wax in automobiles and use mechanical polishing equipment.
An intangible service is one that cannot be touched, seen or felt as a tangible asset, therefore there is no possibility of experiencing the service before it is rendered.
However, there are some ways for service providers to demonstrate their credibility and quality, through the use of trained personnel, marketing communication, symbols, references, and other elements that help to attest their efficiency and to improve the perception of the target audience. regarding the services provided.
The growth stage of the product life cycle should focus on achieving minimum cost per unit delivery.
During the growth stage, consumers have accepted the product in the market and customers are starting to absolutely buy in. That means to call for and profits are growing, optimistically at a progressively fast pace. The growth stage is whilst the market for the product is increasing and competition begins developing.
The product life cycle is the development of a product via 5 distinct tiers—development, creation, growth, maturity, and decline. The concept became developed using German economist Theodore Levitt, who published his Product life Cycle version in the Harvard business review in 1965. We still use this model today.
Learn more about the product life cycle here: brainly.com/question/14567370
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