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____ [38]
3 years ago
15

Opportunity cost occurs because of a producer’s need to

Business
2 answers:
gtnhenbr [62]3 years ago
7 0

Answer:

allocate resources.

Explanation:

Scarcity of resources makes producers make choices on how to use the few available resources. Like other people, producers will want to do many things but are restricted by a lack of resources. Time and money are examples of scarce resources. They have to allocate the available resources among different needs and wants.

Opportunity cost is measured by calculating the value of the next best alternative.

IceJOKER [234]3 years ago
4 0

Answer:

C On Edge Jan 2021

Explanation:

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LO 3.1A company’s product sells for $150 and has variable costs of $60 associated with the product. What is its contribution m
Pavel [41]

Answer:

$90

Explanation:

The formula and the computation of the contribution margin per unit are presented below:

Contribution margin per unit = Selling price per unit - variable cost per unit

                                               = $150 - $60

                                               = $90

If we deduct the variable cost per unit from the selling price per unit, then the contribution margin per unit can arrive

We only considered the selling price and the variable cost per unit

3 0
3 years ago
As the president of a local trade company, Kristin is faced with leadership, ethical, and operational decisions on a daily basis
docker41 [41]

Answer: Option B  

Explanation: In simple words, Information management refers to the governance of the information assets of the organisation.

Under this, the managers collects the information,that is useful to various stakeholders, from several different resources and then distributes it those stakeholders.

In the given case, Kristin is also managing the information that is useful to the organisation.

Hence the correct option is B.

4 0
3 years ago
The Parvizians own several oriental rug stores in and around the Washington, DC, metropolitan area. It is expected that as each
Alex777 [14]

Answer:

The correct answer is (b)

Explanation:

It is generally said that if you’re in a family business you are in a partnership. The partvizians is a family which owns several rug stores. When their children will take over the business they will be considered partners. They will own the business equally and they will share the profits and losses.  It is also known as a family-owned business where two or more family members run a business and act as business partners.

6 0
3 years ago
Reggie is the sales manager of a large car dealership. he wants to increase sales significantly over the next​ quarter, and afte
IRINA_888 [86]
I would say that the decision making conditon in this instance would be to offer a reward to prospective car buyers so as to attract them to a vehicle which will cost them less and also to compete with other car dealers in trying to win over the prospective clients.
3 0
3 years ago
Read 2 more answers
An investor who purchases stock in a company becomes a(n):
Mariulka [41]
That investor will become a Shareholder.

The moment an investor become a shareholder, that investor is basically own some percentage of the company.

Each year, the company will pay the investors in the form of Dividend, which amount is depended on how well the company perform in that year
4 0
4 years ago
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