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Lelu [443]
3 years ago
10

Erica decides to spend $50 on a ticket to a concert with friends instead of buying a new pair of jeans. What is the opportunity

cost other decision?
A. the benefit of having a new pair of jeans
B. the benefit of going out with her friends
C. the $50 Erica spent on the ticket
D. the enjoyment of going to the concert
Business
2 answers:
Ganezh [65]3 years ago
4 0

Answer:

The benefit of having a new pair of jeans

Explanation:

sammy [17]3 years ago
4 0

Answer:

The benefit of having a new pair of jeans

Explanation:

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You and your friends have decided to build a skateboard ramp behind your house. You have already purchased $500 in materials and
Rufina [12.5K]

Answer:

Hand saw is cheaper.

Explanation:

Given:

Material cost = $500

Electric saw cost rent per hour = $20

Building hour from electric saw = 6 hour

Building hour from hand saw = 15 hour

Time off pay from job = $8/hour

Computation of total cost from Electric saw :

Total cost from Electric saw = Material cost + Renting cost of electric saw + Time of from job

Total cost from Electric saw = $500 + (6 × $20) + (6 × $8)

Total cost from Electric saw = $500 + $120 + $48

Total cost from Electric saw = $668

Computation of total cost from hand saw :

Total cost from hand saw = Material cost + Time of from job

Total cost from hand saw = $500 + (15 × $8)

Total cost from hand saw = $500 + $120

Total cost from hand saw = $620

Hand saw is cheaper.

5 0
3 years ago
A natural experiment is a chance occurrence that mimics a randomized controlled trial. In order to analyze causal effects from n
babymother [125]

Answer: b. The instrument is correlated with x1.

d. The instrument does not directly influence y, except through x1.

Explanation:

Based on the information given in the question, the necessary characteristics of a suitable instrument include:

• The instrument is correlated with x1.

• The instrument does not directly influence y, except through x1.

Some of the criteria for an instrument variable are the fact that it should have a causal effect on independent variable and also the dependent variable isn't directly affected except through the independent variable which is x1 in this scenario.

Therefore, the correct option are B and D.

4 0
3 years ago
The government of Wrexington, a country which has adopted American GDP accounting conventions, has calculated that the seasonall
Julli [10]

Answer:

d.$20 billion at an annual rate

Explanation:

As $5 billion was quarter 1 market value of final goods and services produced,the annual rate will be $5*4=$20 billion annually

4 0
3 years ago
One of the diversity challenges managers have to deal with is​ that, in addition to differences in the employee groups that make
slavikrds [6]

Answer:

cultural identity

Explanation:

According to my research on studies conducted by various sociologists, I can say that based on the information provided within the question he would need to be aware of the cultural identity of the workforce. In other words he would need to be accepted by the people in that workforce as well as James accepting them.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

4 0
3 years ago
only deposits of a rare and sought-after mineral known as Yuksporite are found in ussia. Since no other nation has deposits of Y
mash [69]

Answer:

D. Absolute Advantage

Explanation:

Absolute advantage represents an economics principle referring to the capability of a firm or a country or even an individual to manufacture or produce a larger quantity of a product or offer a greater quantity of a service than its competitors especially with the same amount of resource which in in reference to international trade is labour.

The absolute advantage for Russia in the question is that it has the only deposits of Yuksporite and using the same amount of labour input other countries would have used, Russia has the absolute advantage as the only manufacturer of goods that would come out of Yuksporite.

4 0
3 years ago
Read 2 more answers
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