Answer:
the first one
Explanation:
because the other ones don’t really make sense because cars and refrigerators are not very energy efficient, costs of cars and refrigerators are higher bc they are important and they don’t have to be custom produced
Answer:
Someone gives up going to see a movie to study for a test in order to get a good grade. The opportunity cost is the cost of the movie and the enjoyment of seeing it.
At the ice cream parlor, you have to choose between rocky road and strawberry. When you choose the rocky road, the opportunity cost is the enjoyment of the strawberry.
A player attends baseball training to be a better player instead of taking a vacation. The opportunity cost was the vacation.
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Answer:
The $5,680 expense should the firm deduct from revenues in the month when it recognizes the revenue.
Explanation:
According to the matching accounting principles, the expenses and revenues should be recorded in that period in which they are incurred and earned.
In the question, the Sheridan pays $2,590 in April, and $3,090 in may but it incurred in April
So, the total amount would be $2,590 + $3,090 = $5,680 should be recorded on April month only.
Answer:
Economic Freedom--the right to make your own economic decisions. ...
Economic Efficiency--using resources wisely because they are scarce. ...
Economic Equity--justice and fairness for all. ( ...
Economic Security--protection from bad economic situations such as. ...
Full Employment--to provide as many jobs as possible so that.
Explanation: