What are opportunity costs? Give an example.
Question:
What are opportunity costs? Give an example.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Answered By
Deepak Pal
Hi there! Are you looking for a committed, reliable, and enthusiastic tutor? Well, teaching and learning are more of a second nature to me, having been raised by parents who are both teachers. I have done plenty of studying and lots of learning on many exciting and challenging topics. All these experiences have influenced my decision to take on the teaching role in various capacities. As a tutor, I am looking forward to getting to understand your needs and helping you achieve your academic goals. I'm highly flexible and contactable. I am available to work on short notice since I only prefer to work with very small and select groups of students. Areas of interest: Business, accounting, Project management, sociology, technology, computers, English, linguistics, media, philosophy, political science, statistics, data science, Excel, psychology, art, history, health education, gender studies, cultural studies, ethics, religion. I am also decent with math(s) & Programming. If you have a project you think I can take on, please feel welcome to invite me, and I'm going to check it out!
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Cost Accounting Principles And Applications
ISBN: 9780070081529
5th Edition
Authors: Horace R. Brock
Question Posted:
Students also viewed these Business questions
-
BLC Inc. is a medium-sized manufacturing company based in the UK. The company operates mainly in the London area and is based in Peterborough. At a recent board meeting, the company decided to expand...
-
Montonya Company has the following selected data for the current year: Sales (10,000 units) $90,000 Direct materials 30,000 Direct labor costs 10,000 Variable manufacturing overhead 3,500 Fixed...
-
Montonya Company has the following selected data for the current year: Sales (10,000 units) $90,000 Direct materials 30,000 Direct labor costs 10,000 Variable manufacturing overhead 3,500 Fixed...
-
If a= <1,0,1>, b= <2,1,-1>, and c= <0,1,3>, show that aX(bXc) is not equal (aXb)Xc.
-
In order to earn business income, a taxpayer must be involved in an undertaking that constitutes a business. For tax purposes, briefly define business.
-
How many people had high exposure to PM? Air pollution is a serious problem in many places. One form of air pollution that is suspected to cause respiratory illness is particulate matter (PM), which...
-
How Do Cognitive and Emotional Processes Affect Decision Making? (pp. 185190)
-
The Alfredo Fragrance Company produces only one product, a perfume called Hint of Elegance. Hint of Elegance consists of two secret ingredients blended into an exclusive fragrance, which is marketed...
-
Company ABC reported the following: 1. Net Income: $110,000 2. Return on Sales (Net Income/Sales): 3.56% 3. Gross Profit Percentage (Gross Profit/Sales): 26.66% What is the dollar amount of Cost of...
-
Distinguish between differential costs and incremental costs.
-
Define relevant costs.
-
Show that p | q is logically equivalent to (p q).
-
Are there more children diagnosed with Autism Spectrum Disorder (ASD) in states that have larger urban areas over states that are mostly rural? In the state of Pennsylvania, a fairly urban state,...
-
Problem PS9.2.4 0/5 points (graded)Suppose that in this economy all the funds for capital come from savings by the 10 individuals. Firms' demand for capital is given by QD=100100r . What is the...
-
As Renata explained her frustration with a coworker to the human resource manager, the manager quickly averted her eyes and began shuffling papers on her desk. Renata immediately felt uncomfortable....
-
Confidential counselling for mental health issues is available through the organization's: Multiple Choice group insurance plan workers' Compensation plan preventive care program employee recognition...
-
ABC Credit Finance is a credit card provider with regional payment processing centers. You are a manager of one of these centers. You are an at-will employee in a typical at-will jurisdiction. ABC is...
-
Examine the usefulness of management accounting in a service-based economy.
-
Chloroplasts are illuminated until the levels of the Calvin cycle intermediates reach a steady state. The light is then turned off. How does the level of RuBP vary after this point?
-
Regarding Enron, this was a company that resulted in the creation of the Sarbanes-Oxley Act and many reforms to the accounting profession. Research the company and answer the following...
-
Clayton received a $140,000 distribution from his 401(k) account this year. Assuming Clayton's marginal tax rate is 25 percent, what is the total amount of tax and penalty Shauna will be required to...
-
Mass LLp developed software that helps farmers to plow their fiels in a mannyue sthat precvents erosion and maimizes the effoctiveness of irrigation. Suny dale paid a licesnsing fee of $23000 for a...
The Psychology Of Decision Making People In Organizations 2nd Edition - ISBN: 1412904404 - Free Book
Study smarter with the SolutionInn App