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Solnce55 [7]
3 years ago
10

Jordan is considering three choices of spending the new year's eve. Option A is to dine outside at a luxury restaurant; option B

is indoor skydiving, and option C is to play video games at a close-by club. If all three options cost the same, explicitly, what can be the economic reason for Jordan choosing option B
Business
1 answer:
ankoles [38]3 years ago
7 0

Answer: b. Jordan values option B more than options A and C.

Explanation:

All options cost the same explicitly which means that Jordan's choice was made based on implicit/ opportunity cost factors.

These undisclosed factors led to Jordan valuing option B more than the other options which is why it was picked even thought they all cost the same. Had any other option being more valuable than B, it would have been picked but since B was picked, B was the most valuable.

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Answer:

False

Explanation:

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3 years ago
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If manufacturing overhead has been underallocated during the period, then which of the following is true?(a) the jobs produced d
Alecsey [184]

Answer:

The correct answer is B: the jobs produced during the period have been under-costed

Explanation:

Giving the following information:

If manufacturing overhead has been under-allocated during the period, then which of the following is true?

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(b) the jobs produced during the period have been under-costed

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(d) none of the above

When manufacturing overhead has been under-allocated means that the actual costs incurred where superior that the estimated cost for the period.

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3 years ago
Buying or selling stock is _____.
NNADVOKAT [17]
INVESTING IS THE CORRECT ANSWER ]

4 0
3 years ago
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A stock had returns of 17.88 percent, −5.16 percent, and 20.39 percent for the past three years. What is the variance of the ret
Arturiano [62]

Answer:

Variance of the return = 0.01983

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S^{2}= Σ(X-X)^{2}/ N - 1

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Variance = [0.004683 + 0.026233 + 0.008748]/2

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6 0
4 years ago
Which of the following sections of a business plan comes first but should be written last?
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Answer:

B. Executive Summary

Explanation:

Executive Summary is a business plan which comes first and should be written last

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