1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Amanda [17]
3 years ago
7

An opportunity cost: Multiple Choice Requires a current outlay of cash. Is an unavoidable cost because it remains the same regar

dless of the alternative chosen. Is the potential benefit lost by choosing a specific alternative course of action among two or more. Is irrelevant in decision making because it occurred in the past. Results from past managerial decisions.
Business
2 answers:
vivado [14]3 years ago
6 0

Answer:

Is the potential benefit lost by choosing a specific alternative course of action among two or more.

Explanation:

An opportunity cost in business management is the potential benefit lost by choosing a specific alternative course of action among two or more. This simply means that, when an options are presented, you will have to choose one among the rest, which eventually leads to a potential benefit lost.

Hence, opportunity cost is generally known as the alternative forgone.

elena-s [515]3 years ago
6 0

Answer:

Is the potential benefit lost by choosing a specific alternative course of action among two or more.

Explanation:

Opportunity cost is also called the forgone alternative. It is the cost incurred when a particular activity is chosen over another.

For example the opportunity cost for a worker going to the cinema is the wages he would have earned if he went to work.

So it is the benefit forgone for choosing between alternative options.

In economics we do not only consider the cost of an action but also the cost of the alternative forgone. If one buys a ball for $5, the total cost will be the cost of buying the ball and the benefit lost in buying ice cream for example.

You might be interested in
Electronic audio and video devices are never used by terrorists for surveillance purposes. true or false
hammer [34]

The answer would be false. Since they are terrorists, they would likely scheme and plot in ways where they won’t get caught so it is likely that they will use devices in monitoring their surroundings in a way of helping them carry out their plans, devices they use may be electronic audio and video devices which could be seen in the statement above.

5 0
3 years ago
In contrasting equity and efficiency, why do high-tech firms seem to treat their employees better (better wages, benefits, worki
shusha [124]

Answer:

High-tech firms are hiring expensive, sophisticated people who are in high demand compared to fast food franchises and treat them better to avoid losing them to other companies

Explanation:

High-tech firms are hiring expensive, sophisticated people who are in high demand. This brings about a better treatment of their employees because if they do not offer these amenities to employees, they would become employees of other high-tech companies. Individuals with low skill levels do not get high salaries or benefits. They are not in as high demand as highly skilled workers. It is efficient, but many would argue that it is not fair.

3 0
2 years ago
Webster Corporation's monthly projected general and administrative expenses include $5,000 administrative salaries, $2,400 of ot
algol [13]

Answer:

The total general and administrative expenses to be reported on the general and administrative expense budget per month is $8,800

Explanation:

The computation of total general and administrative expense is shown below:

= Administrative salaries + Other cash administrative salaries + depreciation + Monthly interest on an outstanding bank loan

= $5,000 + $2,400 + $1,350 + $50

= $8,800

All cost is need to be recognized while computing the general and administrative expense because it is related to the expenses. Hence, it is included in the computation part

Hence, the total general and administrative expenses to be reported on the general and administrative expense budget per month is $8,800

5 0
3 years ago
Jetnhetnhtnhterk egrepjgjk
den301095 [7]

Answer:

jbjhh etdiuzfbv;f v;a

thx for the points

Explanation:

6 0
3 years ago
Liberty, inc. has 2,500 shares of 4%, $50 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock o
BabaBlast [244]

Dividend to be paid to Preference shareholders in 2014= No of Preference shares*par value per share*Percentage of Shares

=2500*50*4%

=$5000

Dividends declared duing 2014=$3000, Thus Preference share holders need to be paid $2000 , in 2015, as preference shares are cumulative in nature.

Dividend to pe paid to Preference shareholders in 2015= $5000+$2000

=$7000.

Dividend to be paid to common share holders= $18000-$7000

=$11000

Thus B will be the answer.

8 0
3 years ago
Other questions:
  • Which of the following factors will make the demand for a product relatively elastic? rev: 05_14_2018 Multiple Choice Purchases
    8·1 answer
  • During Year 1, Ashkar Company ordered a machine on January 1 at an invoice price of $24,000. On the date of delivery, January 2,
    10·2 answers
  • A company has net working capital of $2,204, current assets of $6,475, equity of $22,215, and long-term debt of $10,535. What is
    13·1 answer
  • Information for firm ABC: Inventory at the end of April, 2008: 200 units Expected demand during April, 2008: 50 units Production
    14·1 answer
  • Luma Inc. has provided the following data concerning one of the products in its standard cost system.Col1 Inputs Direct material
    13·1 answer
  • Botosan Factory has budgeted factory overhead for the year at $717,474, and budgeted direct labor hours for the year are 364,200
    14·1 answer
  • Jager Inc. holds 30% of the outstanding voting shares of Kinson Co. and appropriately applies the equity method of accounting. A
    12·1 answer
  • R. L. Ybarra employs John Ince at a salary of $53,000 a year. Ybarra is subject to employer Social Security taxes at a rate of 6
    12·1 answer
  • On June 8, Williams Company issued an $87,600, 9%, 120-day note payable to Brown Industries. Assuming a 360-day year, what is th
    5·1 answer
  • What is a worrisome consequence under the joint and several liability principle?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!