Answer:
0.67
Explanation:
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
If the family buys one can of soup, the opportunity cost is the frozen food forgone.
Opportunity cost of one can of soup = 60 / 90 = 0.67
I hope my answer helps you
Answer:
Make Buy
Direct material 85100
Direct labour 253000
Variable manufacturing overhead 52900
Fixed manufacturing overhead 69000
Opportunity cost 73000
Purchase cost 437000
Total 533000 437000
Financial advantage is 96000
Explanation:
Answer: C. an infrastructure providing educated workers and advanced machines
Explanation:
Since the developing country needs to shift from smallholding to a modern state-of-the-art agribusiness-style farming, it's vital for the country to have an infrastructure providing educated workers and advanced machines. The educated workers will help in handling the technical know-how of the.machines used for the modern agribusiness.
An infrastructure that's providing cheap
and unskilled laborr isn't ideal in this case. Also, traditional subsistence farming won't help since the country is moving to a modern style.
Lorraine is involved in Media Planning. Media planning<span> basically involves </span> sourcing and selecting optimal media<span> platforms that would be leveraged on to best promote a product. In this case, Lorraine's job generally entails </span><span>determining the best combination of </span>media<span> to achieve the marketing campaign objectives of Sibil furnishings. Therefore she is involved in media planning.</span>
