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lukranit [14]
3 years ago
9

1. What is meant by opportunity cost? Give an example. Suppose that you need to take a class at 3PM, but you can also work an ex

tra shift at your job. What is the opportunity cost of taking the 3PM class?
Business
1 answer:
Alexxandr [17]3 years ago
8 0

Answer:

Opportunity cost is the forgone benefit that would have been derived by an option not chosen.

Explanation:

Opportunity costs represent the potential benefits an individual, investor, or business misses out on when choosing one alternative over another. Because by definition they are unseen, opportunity costs can be easily overlooked. Understanding the potential missed opportunities foregone by choosing one investment over another allows for better decision-making.

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Which of the following things does the Affordable Care Act do? A. Regulates the amount of co-pays B. Provides insurance for peop
kipiarov [429]
Hi.

I believe this is:

D. Allows young adults to stay on their parents' insurance until the age of 26.
3 0
4 years ago
All of the following are weaknesses of the payback period:_________ (You may select more than one answer. Single click the box w
sashaice [31]

Answer:

c. it ignores all cash flows after the payback period

d. it ignores the time value of money.

Explanation:

Payback period as far as capital budgeting is concerned can be regarded as time that is required for recouping of funds that is been expended during setting up of an investment, or the funds required to get to break-even point. It should be noted that weaknesses of the payback period are;

✓. it ignores all cash flows after the payback period

✓ it ignores the time value of money.

5 0
3 years ago
How much money does the founder of Google make a year?
ElenaW [278]
There are actually two makers, and they both agreed to a one dollar salary a year.
8 0
3 years ago
Carpenter Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the
expeople1 [14]

Answer:

a. 4,000

Explanation:

Units in ending inventory

= Units in beginning work in process + Units started into production - Units transferred to the next department

= 2,400 + 10,500 - 8,900

= 4,000 units

8 0
3 years ago
Who of the following is not included in the Bureau of Labor Statistics' "employed" category?
kozerog [31]

Answer:

c. those waiting to be recalled to a job from which they had been laid off

Explanation:

Employment need not mean to be employed under a citizen it basically means to be working and earning, whether under permanent contract or under temporary contract.

Being on vacation do not mean to be unemployed it basically means to be on temporary leaves, and that the leaves might or might not be paid.

Involving one self into family business is also employed.

But a person who is removed from job and then is waiting for a call is clearly unemployed.

7 0
4 years ago
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