Answer:
Option (A) is correct.
Explanation:
Opportunity cost refers to the cost that is incurred by selecting some other alternative. It is the benefit that is foregone from the next best alternative.
Therefore, the opportunity of attending college is as follows:
(a) Salary amount that could have been earned from the job.
(b) Interest income from depositing money into savings account
(c) The satisfaction obtained from the business lunches.
(d) Opportunities that were sacrificed for attending college.
With regard to paid work, older employees tend to have more salary compared to younger employees. This is where the seniority comes in, where the company is paying for the experience, the capability, the work that one has done for the many past years that made them the best on the craft that they are doing.
Answer:
C) Friday, midnight
Explanation:
In this case, the homeowner is considered a borrower, and federal law gives borrowers three full business days after signing mortgage documents to rescind any loan. Since the loan documents were signed a Tuesday, the borrower has until Friday, midnight to cancel any deal (3 days = Wednesday, Thursday and Friday).
Answer: Option B
Explanation: Marketing plan refers to the plan made by the senior managers of an organisation that depicts the marketing strategy to be used by the company in the coming period. This is a flexible plan and is made for generally a period of 12 months.
This, plan consist of of all the factors that are essential for positive marketing. It outlines the execution procedure and the various analysis required. It also includes the financial and controlling procedures to be used.
Hence, we can conclude that the right answer is option B.