Engineering survey, fall protection devices, hard hat
Answer:
D. Opportunity cost.
Explanation:
Since she could have taken a job and would have earned $62,000, this represents opportunity cost, lost due to the decision of starting her own apparel store. Opportunity cost is the cost of foregone alternative. Therefore, if there are two alternative X and Y, and alternative Y has a benefit of $M, then by choosing alternative X, the decision-maker is giving up a benefit equal to $M, which is the opportunity cost associated with choosing alternative X over alternative Y.
Answer:
healthcare.
Explanation:
well she's in the hospital and it's considered healthcare, I think. I need a bit more info on what this is.
Answer:
c. raise the price of the cinnamon rolls.
Explanation:
1% increase in the price will have less 1% decrease in demand, when prices are inelastic supply can increase prices to increase revenue up until the point the marginal costs = marginal revenue
Answer:
$56,900 loss
Explanation:
Calculation to determine any gain or loss if the old elevator is replaced.
First step is to calculate the Book value of old Elevator
Purchase price $103,500
Less: Depreciation expense for the year 2016 (($103,500-0)/5) $ 20,700
Book value of old Elevator $ 82,800
($103,500-$20,700)
Now let calculate any gain or loss if the old elevator is replaced.
Book value of old Elevator $ 82,800
Less: Sold of old Elevator $25,900
Loss on Sales of old Elevator $56,900
Therefore the loss if the old elevator is replaced is $56,900
