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Nataly_w [17]
3 years ago
8

Example of opportunity cost atlist 3 example​

Business
1 answer:
gregori [183]3 years ago
5 0

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.

I hope i helped! xoxo

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alisha [4.7K]

Answer:

Opportunity cost = $7,300

Explanation:

Given:

Summer job pay = $4,000

The cost of tuition fee = ​$3,000

Textbooks cost ​=- $300

Opportunity cost = ?

Computation of opportunity cost of going to school:

Opportunity cost = Summer job pay + The cost of tuition fee + Textbooks cost

Opportunity cost = $4,000 + $3,000 + $300

Opportunity cost = $7,300

3 0
3 years ago
Hyacinth buys a $10,000 face value bond for $9,250. If the interest rate on similar bonds rises by 2%, what is the approximate p
icang [17]

Answer:

$9,435

Explanation:

If 100% of $10,000 face value gives the bond for $9,250

Then for 2% rise, that is, 102%  of the bond will purchase = 102 X $9.250/100 = $9,435

∴ The approximate price of bond purchased = $9,435

5 0
3 years ago
An important safety precaution is to ensure that the tools put into use meet the ---------standards.
Tanya [424]
I imagine it's either OSHA or ANSI.
8 0
3 years ago
In developing its future strategy, CVS is focusing on Amazon, which is expanding into the healthcare business. What stage of the
Strike441 [17]

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5 0
3 years ago
Which of the following statements regarding the income statement columns on the worksheet is false?
Alex

Unearned revenue is recorded as a liability on a company's balance sheet.

What is an income statement?

A company's revenues, expenses, and profitability are summarized in an income statement over time.

On a company's balance sheet, unearned revenue is recorded as a liability.

It is also known as a profit-and-loss (P&L) statement or an income statement.

It shows your revenue from selling products or services as well as your expenses for generating revenue and running your business.

Hence option b is correct as stated above.

Learn more about income statements here.
brainly.com/question/13463210

#SPJ1

5 0
2 years ago
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