Question
Roberta has the following information to evaluateher current salary of $75,000 versus total revenues of $130,000 and expenses of $80,000 from starting a new business.
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Roberta has the following information to evaluateher current salary of $75,000 versus total revenues of $130,000 and expenses of $80,000 from starting a new business. How much is the opportunity cost associated with staying at her current job?
a. $80,000
b. $75,000
c $130,000
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Neddick Corporation has received a special order request from the local Little League. Neddick will incur a net loss of $3,500 if it fulfills this order. What should Neddick's managers consider?
a. Neddick should consider the qualititative issues involved
b. Needick should rule out all special orders
c. Neddick should ask the Little League for something in return
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