Answer:
me if thats alright !!:) thanks
The opportunity cost of buying two more pairs of shoe is 1 suit.
<h3>What is opportunity cost?</h3>
Opportunity cost is an economic term for expressing cost, in terms of foregone alternative.
Given the information above,
Her opportunity cost of consuming one extra pair of shoes instead of one suit
= $50 / $100
= 0.5 suit or half a suit
Her opportunity cost of consuming one suit instead of a pair of shoes
= $100 / $50
= 2 pairs of shoes
Hence, the opportunity cost of consuming 2 more pairs of shoes
= 0.5 suit x 2
= 1 suit
Learn more about opportunity cost here: brainly.com/question/14909550
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Low pay would most likely be a problem, also depending on what conditions there were they could also have hyjene problems.
hope that helps
Answer: $6000 short term Capital loss
Explanation:
From the question, we are informed that on May 1, 2018, Kelalani purchased land for $88,000 for use in her business and that she sold it on May 1, 2019, for $82,000.
We are further told that there are no other sales of business or trade property. Based on this scenario, the loss treated for tax purposes on Kelalani's return will be a short term capital loss of $6000($88,000 - $82,000). It is a short term capital loss because the loss is for a period of a year or less.
