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2 years ago

Explain the opportunity cost of working on a farm.

Business

1 answer:

Liula [17]2 years ago

8 0

Answer:

Opportunity cost is a useful concept when considering alternative places for using your resources and assets. ... If he/she farms the land, the opportunity cost is the income foregone by not renting it to a neighbor.

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As the required skills sets are basically the same between workers and all levels of managers, a carefully designed set of inter

vagabundo [1.1K]

Answer:

The correct answer is letter "A": True.

Explanation:

Recruitment evaluations are typically designed to gauge the skills, knowledge, and expertise of applicants. Most of the time, they are created considering the different types of tasks employees have within the organization and their hierarchy in the firm.

However, if those evaluations are schemed to require the same set of skills for managers and lower hierarchy employees, the tests are likely to help evaluate applicants for different positions under the same parameters.

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3 years ago

Wal-Mart was one of the most successful firms of the 1970s and 1980s. Much of Wal-Mart's success can be credited to its expansio

enyata [817]

Answer:

The correct answer is letter "D": Wal-Mart employed a preemptive strategy.

Explanation:

Game Theory is a branch of Economy that studies the decisions in which an individual could succeed if he or she takes into account the decisions of the rest of the participants involved in the event. Game Theory has also been applied for subjects such as Mathematics, Managements, Psychology or even Biology.

In the game theory, the Preemptive Strategy is implemented when individuals take a step before other participants in an attempt of having a favorable outcome of the situation. They lead the event using creativity. Thus, Wal-Mart used the preemptive strategy by opening stores in small towns that supported only one discount store.

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3 years ago

Pompeii, Inc., has sales of $50,000, costs of $23,000, depreciation expense of $2,250, and interest expense of $2,000. If the ta

Zielflug [23.3K]

Answer:

operating cash flow = $21307.5

Explanation:

given data

sales = $50,000

costs = $23,000

depreciation expense = $2,250

interest expense = $2,000

tax rate = 23 percent

solution

we get here operating cash flow for that

EBIT = Sales - Costs - Depreciation .............1

EBIT = $50,000 - $23,000 - $2,250

EBIT = $24750

and taxes is

taxes = tax rate × EBIT ..........2

taxes = 0.23 × $24750

taxes = $5692.5

so here operating cash flow that is

operating cash flow = EBIT + Depreciation - Taxes ..........3

operating cash flow = $24750 + $2,250 - $5692.5

operating cash flow = $21307.5

6 0

3 years ago

Mention ONE other source of wealth other than inheritance

Cloud [144]

Answer:

Power is another source other than inheritance.

Hope this helped you!

Explanation:

6 0

3 years ago

Read 2 more answers

Which type of store has high sales volume, little service, and prices 20-40 percent lower than supermarkets?

enot [183]

Gas stations. That would be that.

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3 years ago

Explain the opportunity cost of working on a farm. ​

Explain the opportunity cost of working on a farm.