1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Solnce55 [7]
2 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]2 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.

You might be interested in
A warranty in which the seller warrants that he or she has valid title to the goods he or she is selling and that the transfer o
balandron [24]

Answer:

of good title.

Explanation:

A good can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a good are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks, etc.

A warranty can be defined as a written promise or guarantee made by a manufacturer, lessor or seller about the identity or quality of goods and services or a property to a purchaser, promising him or her to repair or replace it if necessary within a specified time frame.

Hence, a warranty in which the seller of a good or service warrants that he or she has valid title to the goods he or she is selling and that the transfer of title is rightful is known as a warranty of good title.

A legal title can be defined as the actual (absolute) ownership of a property that is recognized and enforceable in a court of competent jurisdiction.

5 0
2 years ago
Is the standard deviation of the sample a good estimate of the variation of salaries of TV personalities in​ general? A. ​No, be
Elenna [48]

Answer:

A.

Explanation:

According to my research on standard deviations, I can say that based on the information provided within the question No, because the sample is not representative of the whole population. This would not be the case if the samples included the entirety of the TV personalities population, which would then make the statistics accurate.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0
2 years ago
Pumpkin Inc. sold $500 in pumpkins to a customer on account on January 1. On January 11 Pumpkin collected the cash from that cus
Dennis_Churaev [7]
A no net effect to the accounting equation
6 0
2 years ago
g Money is best defined as whatever serves society in three functions: medium of exchange, store of value, and unit of account.
worty [1.4K]

Money is best defined as whatever serves society in three functions: medium of exchange, store of value, and unit of account.

Barter is best defined as a situation where two individuals each want some or service that the other can provide.

A double coincidence of wants is a situation where two individuals each want some or service that the other can provide.

<h3>What is money?</h3>

Money is anything that is  accepted by the general public as a means of payment for products and for repayment of debt.

<h3>What are the functions of money?</h3>
  • Medium of exchange : money can exchanged for goods and services.
  • Unit of account : money can be used to determine the value of goods and services
  • Store of value : money can retain its value over the long term.

<h3>What is barter?</h3>

Barter is when people exchange goods with goods. For barter to occur, there has to be a double coincidence of wants. This means that someone has to have what you want and that person wants what you have.

To learn more about money, please check: brainly.com/question/940436

7 0
2 years ago
The following credit sales are budgeted by Swifty Corporation:
Genrish500 [490]

Answer:

$458,000

Explanation:

April

$460,000 x .70 = $322,000

March

$520,000 x .2 = $104,000

February

$400,000 x .08 = $32,000

Addition of APRIL+MARCH+FEBRUARY

$322,000 + $104,000 + $32,000

= $458,000

Therefore the anticipated cash inflow for the month of April is $458,000

3 0
3 years ago
Other questions:
  • Denny Co. sells major household appliance service contracts for cash. The service contracts are for a one-year, two-year, or thr
    9·1 answer
  • Please help with your own answers
    13·1 answer
  • . The current price of a stock is $50. In 1 year, the price will be either $65 or $35. The annual risk-free rate is 10%. Find th
    12·1 answer
  • Sloan Corporation is considering new equipment. The equipment can be purchased from an overseas supplier for $3,040. The freight
    11·1 answer
  • Pilet Pte Ltd balance sheet reflected assets of 10,000, liabilities of 5,000 and share capital of 2,000 as of December 31,2009.
    15·1 answer
  • In this firm commitment offering who bears the financial risk? Who would bear the risk in a best efforts offering?
    6·1 answer
  • Remote Disposal Company operates a hazardous waste storagefacility. Concerned that there may be a release of chemicals from thes
    13·1 answer
  • The method of cost estimating that falls between the other two cost estimating methods in complexity is the __________ method.
    14·1 answer
  • Describe a pricing decision your company has made. was it optimal? if not, why not? how would you adjust price? compute the prof
    15·1 answer
  • o Assume the role as the Public Relations Director for Purple Cross of North Carolina.  The CEO requests that you interview the
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!