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Vinil7 [7]
3 years ago
12

Michelle just graduated from high school and is considering attending college. She estimates that college tuition and books will

cost approximately $4,767 per semester. Alternatively, if Michelle doesn't go to college, she could earn $8 per hour working as a store clerk. Add implicit and explicit costs to determine Michelle's total economic cost of attending college during one semester. Assume a semester has 1,000 work hours. What is Michelle's total economic cost of attending college during one semester (round your response to the nearest dollar)?
Business
1 answer:
vovangra [49]3 years ago
7 0

Answer:

$12,767

Explanation:

The explicit costs of Michelle attending college is given as $4,767

The implicit costs of Michelle attending college is the opportunity cost of not working as a store clerk which means that money cannot be earned and will more or less be wasted because she is going to college: That cost is given as $8 * 1000 hours which is $8000 per semester.

Michelle's total economic cost of attending college during one semester is $12,767.

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Several legal steps must sometimes be taken before a creditor can have his outstanding debt satisfied through the sale of the de
bagirrra123 [75]

Answer:

B) writ of persecution

Explanation:

According to my research on different legal requirements, I can say that based on the information provided within the question the only step that is not part of this process is writ of persecution. This is because a "writ of persecution" is a  written order of the court to persecute a person, since there is no mention of such a thing in the question we can say that this is not part of the process.

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

7 0
3 years ago
Betty goes out to enjoy a bouffe with her friend instead of practicing calculus problems for her maths examination that is due t
Deffense [45]

Answer:

The correct answer is B,false

Explanation:

Opportunity cost is naturally the cost of alternative forgone,that is the benefits ignored as a result of taking a particular course of action.

Obviously,the opportunity cost of the bouffe to Betty is the practicing calculus problems for her math examination that she could not partake in.

The opportunity cost would only be the practicing session missed if Betty was able to pass the examination,otherwise the opportunity becomes bigger if she fails the exam to include the costs of paying and preparing for another examination

3 0
3 years ago
A project has an initial cost of $89,800, a life of 7 years, and equal annual cash inflows. The required return is 8.2 percent.
aliina [53]
8.2 percent (the answer)
5 0
3 years ago
Brenda has been offered choices when selecting her benefits. She knows she wants health insurance, is unsure of vision insurance
tatuchka [14]

Answer:

The correct answer is flex-plans.

Explanation:

These plans allow employees to choose the benefits they prefer or want, instead of being selected by the organization's administration. In this way the employee adapts the benefits package to his needs. For example, an employee in the manufacturing area who has great concern for his well-being or health, might prefer the benefit of additional life insurance.

In short there are many alternative benefits for which they can opt.

The precise advantages of these plans and consequently the reasons why they are becoming increasingly popular are:

1. They allow employees to make relevant decisions about their individual finances and balance requirements with benefit plans.

2. Plans help organizations control costs, especially health. This is because managers can define the maximum amount they will use in each benefit. In other words, flexible payment plans often produce savings for organizations.

3. These plans become instruments to control and keep employees.

For employees, flexibility can be attractive, since in this way they can design their benefits and coverage levels based on their own requirements, therefore, in this sense, benefit plans become an advantage for them.

7 0
3 years ago
Which of the following motivating forces have the strongest performance effect? Group of answer choices difficult goals high lev
aleksley [76]

Answer:

Self-efficacy and competence

Explanation:

Self-efficacy and competence is the term which is defined as the judgement of the person of his or her capabilities for executing and organise the course of actions needed to accomplish the designated kinds of performance.

In short, it is the perceived efficacy which is the extent to which the individual or person feels and need the attributes so that could succeed.

So, the one force which motives and have the strongest effect on performance is the self-competence and efficacy.

4 0
3 years ago
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