Answer:
Because as more hats are produced less grapes can be produced.
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
There are two commodities that can be produced by the country- hats and grapes.
If the country decides to increase production of hats, it has to reduce the quantity of hats that can be produced, therefore the opportunity cost increases.
Explanation:
For example, let assume a country can produce 30 grapes and 30 hats. If it decides to increase the amount of hats produced to 40, only 20 grapes can be produced. If it decides to increase to 50 hats only 10 grapes would be produced and if it decides to produce 60 hats, no grapes would be produced.
It can be seen that opportunity cost increases as more hats are produced
I hope my answer helps you
Answer:
a-1 Present value = 6,177.39
a2- Present Value =6,227.79
a3- Choose the payment stream with the highest present value = a2
b1- Present Value=3,353.98
b2-Present Value=2,805.28
b3-Choose the payment stream with the highest present value = b1
Explanation:
a-1 describes an ordinary annuity whose present value is calculated as follows:
![Present value =PMT*\frac{[1-(1+i)^-^n]}{i}](https://tex.z-dn.net/?f=%20Present%20value%20%3DPMT%2A%5Cfrac%7B%5B1-%281%2Bi%29%5E-%5En%5D%7D%7Bi%7D)
where PMT=$800; i= 5%, n= 10
![Present value =800*\frac{[1-(1+0.05)^-^1^0]}{0.05}](https://tex.z-dn.net/?f=%20Present%20value%20%3D800%2A%5Cfrac%7B%5B1-%281%2B0.05%29%5E-%5E1%5E0%5D%7D%7B0.05%7D)
= 6,177.39
a2- ![Present value =600*\frac{[1-(1+0.05)^-^1^5]}{0.05}](https://tex.z-dn.net/?f=Present%20value%20%3D600%2A%5Cfrac%7B%5B1-%281%2B0.05%29%5E-%5E1%5E5%5D%7D%7B0.05%7D)
= 6,227.79
a3- If I were receiving these payments annually, I would prefer the payment stream with the highest present value ie a2 -Annual payment of $600 for 15 years at 5% interest.
b1- ![Present value =800*\frac{[1-(1+0.20)^-^1^0]}{0.20}](https://tex.z-dn.net/?f=Present%20value%20%3D800%2A%5Cfrac%7B%5B1-%281%2B0.20%29%5E-%5E1%5E0%5D%7D%7B0.20%7D)
= 3,353.98
b2-![Present value =600*\frac{[1-(1+0.20)^-^1^5]}{0.20}](https://tex.z-dn.net/?f=Present%20value%20%3D600%2A%5Cfrac%7B%5B1-%281%2B0.20%29%5E-%5E1%5E5%5D%7D%7B0.20%7D)
=2,805.28
b3- f I were receiving these payments annually, I would prefer the payment stream with the highest present value ie b1- Annual payment of $800 for 10 years at 20% interest.
<span>Unsure if there is a question posed or implied here. In any event, Trevor should have immediately researched and documented the suspect batch(es) of peanut butter, contacted any retailers who may have received the contaminated batches and then confirmed that those batches had been returned to his plant and destroyed. At the same time he should have instructed his employees to shut down the production of peanut butter, destroy the plants current output, and completely clean, inspect and retest the line in order to ensure that uncontaminated peanut butter was being produced. During this self-inspection stage, he shoudl have also notified the US FDA and reported onwhat had been done and documented.</span>
Answer:
To avoid possible agency problems, <em>profit sharing</em> should be included in your offer
Explanation:
<em>Profit sharing</em> has to be included to ensure trust and to also gain the new general manager's trust
The answer is accord. It is a proposal to substitute a dissimilar obligation for one that was beforehand unsettled, plus the recognition of that offer. Either of the parties convoluted can suggest an accord. If the recently substituted obligation is essentially performed, the act is named a satisfaction.
