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solong [7]
3 years ago
6

Tyrone has three options on how to spend his Saturday afternoon: to go out with friends, watch a movie, or wash his car. Tyrone'

s opportunity cost of washing his car would be: a) the value of going out with friends. b) the value of watching a movie. c) the value of going out with friends AND watching a movie. d) the value of going out with friends OR watching a movie.
Business
1 answer:
Alina [70]3 years ago
6 0

Answer:

d) the value of going out with friends OR watching a movie.

Explanation:

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Blossom Corp. has collected the following data concerning its maintenance costs for the past 6 months.
soldier1979 [14.2K]

Answer:

Variable  cost per unit = $1.5  per unit

Fixed cost = $14,558

Explanation:

Variable cost per unit

= cost at high activity - cost at low activity/High activity -low activity

=$(74,798- $41,663) / (40,160 -18,070) units

= $1.5  per unit

Fixed cost

Total fixed cost = cost at high activity - ( vc per unit × high activity)

= 74,798 - (1.5  × 40,160)

= $14,558

Variable  cost per unit = $1.5  per unit

Fixed cost = $14,558

5 0
4 years ago
Suppose that Walgreens (a major drug store chain) wants to introduce its own brand of cough medicine that is similar in contents
antoniya [11.8K]

Answer:

Letter b is correct. <em>Private-label brand</em>

Explanation:

Private-lebel brand is when products are supplied or manufactured by a particular company and then labeled with another company's brand. The advantages added to a company that decides to sell a private label product are varied, these items can increase the credibility and reliability of the company, such as increasing the sales flow and diversifying the marketed product lines.

3 0
3 years ago
Operations management moves from knowing the needs of consumers to actually satisfying those needs.a) trueb) false
Mariana [72]

Answer:

<u>True</u>

<u>Explanation:</u>

Remember, no business operations would exist if there aren't any identified customer needs to solve.

Also, we need to bear in mind that Operations management activities are done in any business in other to efficiently (profitably) process raw materials,  labor, etc into the goods and services needed by consumers.

8 0
3 years ago
What will happen to the trade balance and the real exchange rate of a small open economy when government purchases increase, as
kkurt [141]

Answer: When a government purchase increases during a war, be it a local war or a world war. it means that it's savings has reduced, therefore the trade balance will fall. And if the purchase is done to import more goods into the country, the trade balance becomes negative, leading to a deficit.

The exchange rate of the currency will reduce because the country the government is making more currency to be available and surplus, by increasing it's purchase. When they is excess currency in the world market, the currency reduces it value. In a world war, or local war, the exchange rate may not actually reduce because, it will be difficult for the country to have enough money to make its currency to be available in the world market.

7 0
3 years ago
An example of frictional unemployment is a(n):_______.
zlopas [31]

Answer:

The correct answer is letter "D": computer programmer who leaves one job and accepts a new job.

Explanation:

Frictional unemployment is one component of what economists call natural unemployment, which is unemployment caused by things other than an underperforming economy. Frictional unemployment is caused because of temporary changes in jobs. It involves cases such as new employees entering the workforce, people moving to another city and looking for a job or people leaving to seek a better one.

5 0
3 years ago
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