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Vlada [557]
3 years ago
14

Concept of opportunity cost to economy​

Business
2 answers:
Bezzdna [24]3 years ago
7 0
It’s the value of the next best alternative when a decision is made, so not the first desired choice, but the second one
Evgen [1.6K]3 years ago
7 0

Answer:

In microeconomics theory, the opportunity cost of particular activity option is the less of value or benefit that would be incurred by engaging in that activity

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Question 6
VARVARA [1.3K]

In order for Sarah to create a new custom management report, the following are required:

  • Select edit on the management report.
  • She'll select the reports option that's on the left.
  • Then, she will click on the add new report button.

<h3>What is custom management report?</h3>

It should be noted that the custom management report gives a combined view of the income statement account and balance sheet in order to have a broad view of the company.

Learn more about management reports on:

brainly.com/question/11599232

6 0
2 years ago
Amy’s goes beyond the minimum requirements set by the Food and Drug Administration; they have personal responsibility for ethica
gregori [183]

Going beyond the minimum requirements set by the Food and Drug Administration; they have personal responsibility for ethical behavior.This is most closely relates to the business ethics programs.

<u>Explanation:</u>

  • Business ethics is said to be art and science which helps in maintaining a harmonious relationship with the society and the business conduct of social responsibility.
  • These business ideas generally emphasize general business ideas to business behavior.  
  • It is applicable to all business conduct and to the entire organization along with the individual's conduct.
4 0
3 years ago
Alice MeyerMeyer?,owner of Flower DirectFlower Direct?, operates a local chain of floral shops. Each shop has its own delivery v
konstantin123 [22]

Answer:

<h3>Flower Direct</h3>

1. Operating cost equation = $0.26x + $1,150

2. Prediction of operating costs at a volume of 16,000 is:

= $5,310

Explanation:

a) Data and Calculations:

Month    Kilometres Driven    Van Operating Costs

January           16,000                     $5,490

February          17,500                       5,700

March              14,900                        4,910

April                 16,200                       5,340

May                  16,900                       5,820

June                 15,100                        5,410

July                  14,500                       4,920

High-Low Method:

February          17,500                       5,700

July                  14,500                       4,920

Difference        3,000                          780

Variable cost per unit = $780/3,000 = $0.26

Total variable cost at February figures = $4,550 (17,500 * $0.26)

Total fixed costs at February figures = $1,150 ($5,700 - $4,550)

Operating cost equation = $0.26x + $1,150

Operating cost at a volume of 16,000 = $1,150 + $0.26 * 16,000

= $1,150 + 4,160

= $5,310

7 0
3 years ago
A company deposits $3500 in a bank at the end of every year for 12 years. The company makes no deposits during the subsequent 8
Firdavs [7]

Answer:

FV= $94,108.42

Explanation:

<u>First, we need to calculate the future value of the 12 annual deposits:</u>

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {3,500*[(1.06^12) - 1]} / 0.06

FV= $59,044.79

<u>Now, the future value at the end of the 20 years (8 years more):</u>

FV= PV*(1 + i)^n

FV= 59,044.79*(1.06^8)

FV= $94,108.42

4 0
3 years ago
If you want to compare two different investments, what should you calculate?
Alexandra [31]

Answer: B - ROI percentages

Explanation:

edge 2020

6 0
4 years ago
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