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
Paraphin [41]
3 years ago
15

3

Business
1 answer:
iris [78.8K]3 years ago
7 0

None of the options shows an alternative Tina has, a real alternative would be a credit card and cash ($190)

In economics, an alternative is an element that replaces or substitutes another. For an element to be considered an alternative it needs:

  • To belong to the same category or have the same function.
  • To be possible for the user to replace the first element using the alternative.

Based on this, let's analyze each of the options:

  • Jacket and $100: These are not alternatives because Tina wants a jacket and this product cannot be replaced with money as money will not protect Tina from cold weather.

  • Shoes and a jacket: These are not alternatives because Tina wants the two products not only one.

  • Credit card and $100: These would be alternatives if the total cost was $100. However, using a credit card Tina can pay for both products but using $100 she can only pay for one of the products.

Therefore, the options do not present alternatives; but one valid alternative is a credit card and $190.

Learn more in

You might be interested in
You invest in a project that has a depreciable asset. The asset is depreciable under the 5year MACRS category. The depreciation
hodyreva [135]

Answer:

c.$28,800

Explanation:

Depreciation of the asset is calculated using the following formula:

Depreciation=Cost of Asset*Depreciation percentage for specific year

Keeping in mind the above formula, depreciation can be calculated as follow:

Cost of Asset=$150,000

Depreciation for year 1=150,000*0.20=$30,000

Depreciation for year 2=150,000*0.32=$48,000

Depreciation for year 3=150,000*0.192=$28,800

Therefore, the answer is c.$28,800

8 0
3 years ago
Consider two points on the PPF: point A, at which there are 50 apples and 40 pears, and point B, at which there are 46 apples an
Fittoniya [83]

Answer:

4 apples

Explanation:

Given that

Point A = 50 apples and 40 pears

Point B = 46 apples and 41 pears

These points are located on the PPF at which various combinations of products are displayed by available resources and technologies.  

So, the opportunity cost of moving from Point A to Point B would be 4 apples which is shown below:

= Point A apples - Point B apples

= 50 apples - 46 apples

= 4 apples  

7 0
3 years ago
Stockholders invest $30,000 in exchange for common stock of the corporation. 2 Hires an administrative assistant at an annual sa
Black_prince [1.1K]

Answer:

Explanation:

1)

Dr Cash $30,000  

Cr Common Stock  $30,000

2) No Entry  

3)

Dr Office Furniture $3,800  

Cr Accounts Payable  $3,800

6)

Dr Accounts receivables $10,800  

Cr Service Revenue (Commission) $10,800

10)

Dr Cash $140  

Cr Service Revenue (Commission)  $140

27)

Dr Accounts Payable $700  

Cr Cash  $700

30)

Dr Salary Expense $3,000  

Cr Cash  $3,000

8 0
2 years ago
Closing the Accounts of a Merchandiser From the following list, identify the accounts that should be closed to Income Summary at
mixer [17]

Answer:

Advertising Expense , Cost of Merchandise Sold , Merchandise Inventory, Sales,Supplies Expense are closed to income summary account. Revenues and expenses are closed to Income Summary.

Explanation:

Closing Entries

a. Accounts Payable:  No it is not closed to income summary account.

b. Advertising Expense:  Yes it is  closed to income summary account.

c. Cost of Merchandise Sold: Yes it is  closed to income summary account.

d. Dividends : No these are closed To Retained Earnings Accounts.

e. Merchandise Inventory : Yes it is  closed to income summary account

f. Sales Yes it is  closed to income summary account

g. Supplies:  No prepaid supplies are an asset account and it is included balance sheet.

h. Supplies Expense: Yes it is  closed to income summary account

i. Wages Payable: Not closed in the income summary account.

These are liabilities and included in the balance sheet.

8 0
3 years ago
Buying used cars is a good way to avoid depreciation. <br> a. True <br> b. False
IceJOKER [234]
Your answer should be true
4 0
3 years ago
Other questions:
  • Jordan loaned taylor $1,200 on march 15, 2009. taylor returned $1,260 on march 14, 2010. inflation was 2% over the 1-year period
    11·1 answer
  • "a british study involving more than 11,000 participants indicated that brain-training activities over a period of six weeks ___
    14·1 answer
  • A ___________ makes databases more useful for obtaining information.
    11·1 answer
  • Which of the following is not deductible as an itemized deduction?a. State income taxesb. Personal property taxesc. Charitable c
    9·2 answers
  • DeVonda owns a music store. One night, vandals broke her store's front window. DeVonda called the police, and the police investi
    14·1 answer
  • The unit rate for 63 meters in 36 minutes
    11·1 answer
  • The revenue recognition principle states that revenue: Multiple choice question. should be recorded when goods or services are p
    6·1 answer
  • Janet and James purchased their personal residence 15 years ago for $300,000. For the current year, they have an $80,000 first m
    10·1 answer
  • 5. Adliana wanted to start a business and he decided to open a grocery shop. He
    15·1 answer
  • Ursa Major Solar uses Opportunity to track sales of solar energy products. The company has two separate sales teams that focus o
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!