Suppose you have three choices as to what to do for two hours on Sunday afternoon: work around the house, earning $3.50 an hour; baby-sit for your neighbor earning $10 an hour; or go to the movies and pay $6 for a ticket. You choose to go to the movies. What is your opportunity cost?

Answers

Answer 1

Answer:

the opportunity cost is in the case when you choose to go to the movies is $20

Explanation:

The computation of the opportunity cost is in the case when you choose to go to the movies is shown below:

= Earning per hour × number of hours

= $10 × 2 hours

= $20

Hence, the opportunity cost is in the case when you choose to go to the movies is $20


Related Questions

Which of the following might a bank do to ensure customers' money stays in the bank? (Select the best answer.)

Answers

Answer:

Require minimum balances

Explanation:

Productivity is a measure of:
O
A. the investment required to get a business started.
O B. the profits generated by a single economic decision.
оо
c. the amount of input needed to create a certain output.
D. the growth of a business over a defined period.

Answers

Answer:

c. the amount of input needed to create a certain output.

Explanation:

Productivity measures the efficiency in the use of the company's resources in the production process. The term productivity is associated with reduced wastage, high quality, and a high input to output ratio.

Productivity is about how well a company uses inputs to generate output. It is measured by calculating the volume of output per hour or comparing the total output against the number of employees.

Alicia loses her job part way through 2019. Her employer pays her wages of $15,450 up through her date of termination. After that, she received $3,400 of unemployment compensation from the state until she gets a new job for which she is paid wages of $3,000 through year end. Based on this information, Alicia’s gross income for 2019 is:_________.

Answers

Answer:

The right approach is "$21,850". A further solution is provided below.

Explanation:

The given values are:

Employer pays,

= $15,450

Unemployment compensation,

= $3,400

At the end of the year, she paid,

= $3,000

For year 2017,

Alicia Gross income will be:

= [tex]15450+3400+3000[/tex]

= [tex]21,850[/tex] ($)

Organization use marketing research to gather data about ___. (Select all that apply)
•New products they are considering
•their customers preferences
•their customers
•employees they want to hire

Answers

Answer:

•New products they are considering

•their customers preferences

•their customers

Explanation:

Market research entails collecting data from potential and existing customers. Researchers have to interact with customers through questionnaires or interviews. The objective is to seek their views, perceptions, or preferences regarding the company and its products. Market research may target to find out the viability of new products or customer tastes and preferences.

Data relating to the potential employees is not gathered through market research.

What is a appropriately
What is a Procedure
What is a Enthusiasm
What is a Conflict
What is a Technique
What is a Obtain
What is a conflict management

have a great day​

Answers

Answer:

-What is a appropriately?

in a manner that is suitable or proper in the circumstances.

-What is a Procedure?

an established or official way of doing something.

-What is a Enthusiasm?

Enthusiasm is intense enjoyment, interest, or approval. The word was originally used to refer to a person possessed by God, or someone who exhibited intense piety.

-What is a Conflict?

a serious disagreement or argument, typically a protracted one.

-What is a Technique?

A technique is a method of doing some task or performing something.

-What is a Obtain?

to come into possession of; get, acquire, or procure, as through an effort or by a request: to obtain permission; to obtain a better income.

-What is a conflict management?

Conflict management is the process of limiting the negative aspects of conflict while increasing the positive aspects of conflict

(^o^)

Answer:

i dont know the answer because i dont know the question

Explanation:

What is one advantage and one disadvantage of the global economy for American workers

Answers

An advantage is that American workers can be paid higher wages for the work they do which is also more specialized. A disadvantage of that at the same time is that they get less jobs in the end as its cheaper to employ workers overseas in China.

The advantage is that American workers can be paid higher and a disadvantage is that same time get fewer jobs and end up as cheap employees.

What is the global economy?

A global economy is the economy of all human beings that is the world economy and refers to the global economic system that includes all economic activities that are connected within and between the nations. They include the protection, consumption, and exchange of finances.

The advantage of America is that they are paid higher as per specialisation but at the same time they have fewer jobs to offer that makes them low employees.

Find out more information about the global economy.

brainly.com/question/1311866

Depreciation is included on a balance sheet to show that
some accounts are uncollectible:
some assets have been sold
some fixed assets have lost value over time
some expenses have not been paid

Answers

Answer:

some fixed assets have lost value over time

Explanation:

Depreciation is the decline in the value of an asset due to usage, corrosion, or wear and time. Some fixed assets, especially plants and machinery, equipment, and motor vehicles, will always depreciate in value as they age. Depreciation spreads the cost of an asset over many years. The depreciation amount is calculated and subtracted from the cost of the assets or book vales at the end of the financial year.

Which of the following is an advantage of renting over
advantage of renting over buying a home?

Answers

Answer:

having to make a down payment..

An advantage of renting over buying a home and having to make a down payment. The correct option is D. Financial risks are lower when renting. You are aware of the precise monthly rent payment you will be making.

What is the most significant advantage of renting?

The three biggest advantages of staying a renter, in Ramsey's opinion, are having more flexibility if you decide to move, not having to pay for home maintenance, and not having to spend as much money initially. Additionally, your landlord will handle all necessary repairs, upkeep, and other costs. There is no additional cost.

Renting offers convenience, consistent monthly costs, and maintenance assistance. Along with the concrete advantages of tax deductions and equity, home ownership also offers intangible advantages like a feeling of security and pride in one's possession.

Thus, the ideal selection is option D.

Learn more about Renting here:

https://brainly.com/question/15057676

#SPJ2

When are conflict resolution skills required in the consumer service industry?
A. When the customer service representative is following up with a customer after their Issue has been resolved.
B. When the customer service representative has personally offended the customer
C. Any time a customer requires assistance from a customer service representative.
D. When the customer is not in a frame of mind to begin the assessment phase of customer service.​

Answers

Answer:

C

Explanation:

..

Answer:

When the customer is not in a frame of mind to begin the assessment phase of customer service.

Explanation:

Tom Gregory is the practice manager for a local urologist. The practice has a detailed set of financial policies dealing with required payments from patients, but the staff have not been enforcing the policies and patients are not familiar with the requirements or the reasoning behind these policies. How does Mr. Gregory address this issue?

Answers

Answer:

Take actions by sending the due payments to a collection company.

Explanation:

Collection companies specialise in recovery of funds that are due. These companies can be used by lenders or creditors to get back their money from clients.

The creditor pays the collection company an agreed percentage of funds recovered.

In this scenario staff have not been enforcing the payment policies and patients are not familiar with the requirements or the reasoning behind these policies.

There is a need for specialists that are conversant with the policies to make the collection process efficient

1.XYZ company had a total profit of $500,000. XYZ's expenses were $200,000. What is the net profit for XYZ company?

Answers

Answer:

$300,000

Explanation:

if you can give me the sample answer, ill give brainliest

Identify at least five different Marketing, Sales, and Service or Transportation, Distribution, and Logistics careers that you could pursue in your home state, and choose the three that appeal to you the most. Out of the three, write a one-page essay describing which one would be your career choice and the educational pathway that you would have to follow in order to obtain that career Finally, identify at least three colleges, universities, or training programs that are suited to that career choice. You can use the following resources to help you:

Answers

Answer:

Five careers within the Marketing, Sales, and Service cluster or the Transportation, Distribution, and Logistics cluster that would be interesting to me are pilot, aerospace engineering and operations technician, marketing manager, real estate broker, and assessor. Of those careers, the ones that would be best suited to my skills and abilities are marketing manager, pilot, and real estate broker.  

I would be interested in becoming a real estate broker, because it would give me a chance to work with people, helping them buy and sell property. I could help them negotiate prices, closing costs, and other factors between the buyer and seller. I would need to know how to use a computer to upload lists of properties for sale. In order to do all of this, it would be important to have great customer service, interpersonal, negotiation, persuasion, communication, critical thinking, and computer skills.

To prepare for this position, it wouldn’t be necessary to go to college, but I think it would be helpful to get at least a bachelor’s degree. I could attend the University of Pennsylvania, where I could study economics or business. I could attend the University of Illinois Urbana–Champaign, where I could study finance and specialize in real estate. I could also consider attending the University of Florida, where I could get a minor in real estate or complete a master’s degree in business administration with a concentration in real estate.

After completing my education, I would be prepared to start my own business and hopefully make over the median salary of $57,360 each year.

Explanation:

Why is flexibility the most obvious benefit of road transportation? (Select all that apply.)

Transportation companies can employ driving teams of two drivers in the same truck to increase haul times and daily mileage.
Trucks can go anywhere that there are roads.
Truck shipments are impervious to weather conditions like fog, ice, heavy rain, and snow.
Transportation companies can set up systems for having a truck driver approaching his or her maximum driving hours take freight to a drop location where a fresh driver can pick it up and continue on with it.

Answers

Answer:

Trucks can go anywhere that there are roads.

Explanation:

Road transport is considered flexible due to the extensive road network. Practically, they are roads almost everywhere including, cities, estates, and villages. As long as there is a road, trucks will get there. Road transport will reach almost any destination as long as there is a road. This is the reason road transport is flexible.  

Which of the following demonstrate a healthcare worker using strategies for managing people? choose all that apply

a surgeon who has a positive attitude that motivates her assistants

a doctor who explains a hospital’s goals to an employee he recently hired

an office manager who avoids pointing out an employee’s low-quality work because she does not want to hurt his feelings

a new employee who agrees to work extra hours during a busy time at a hospital

a nurse who becomes friends with another nurse

a dentist who thanks her assistant for doing good work

Answers

Answer:

1,2,6

Explanation:

You're welcome <3

definition of a stakeholder

Answers

1.
(in gambling) an independent party with whom each of those who make a wager deposits the money or counters wagered.
2.
a person with an interest or concern in something, especially a business.

which is the other term for creative thinking?

Answers

I pretty sure it’s lateral, sorry if I’m wrong

Miles was giving his client a shave when he nicked his client's cheek, which started to bleed. What should he do to be safe while working?

Select the best option.

Wipe the blood away and continue.


Ask the client to leave and seek medical treatment


Ask the client to hold cotton to the site until the bleeding stops, then continue


Keep working, since the bleeding will stop soon

Answers

Ask the client to hold cotton to the site until the bleeding stops, then continue


If a business experiences a loss for three years straight, the _______ concept tells us to assume the business will continue operations regardless.

Answers

Explanation:

Do you have any answer choices? Are do you have to find the blank?

Highbridge Community Life Center was a community hub and resource for the Bronx community that was founded in 1979 by two Catholic nuns. Brother Ed Phalen served as the Executive Director of the center for more than two decades. When he started considering retirement, he wondered what would happen to the organization and its leadership after he left. In order to plan for his eventual departure, Brother Phalen and the board of directors began the process of to identify a replacement for him.

Answers

The correct question is:

Highbridge Community Life Center was a community hub and resource for the Bronx community that was founded in 1979 by two Catholic nuns. Brother Ed Phalen served as the Executive Director of the center for more than two decades. When he started considering retirement, he wondered what would happen to the organization and its leadership after he left. In order to plan for his eventual departure, Brother Phalen and the board of directors began the process of _____________ to identify a replacement for him.

Answer:

Succession planning

Explanation:

Succession planning is the process by which new leaders in an organisation are identified and developed to adequately fill in the role of departing leaders.

This process is important as it prepares experienced staff to take up responsibility in cases of resignation, retirement, or death of a leader.

In the given instance Brother Ed Phalen served as the Executive Director of the center for more than two decades.

Considering his retirement he would need to get someone to take over leadership role from him.

So he and the the board of directors will need to begin a succession plan to identify his replacement

a marketing plan and operating budget are two components of
a.a long range planning
b. a business plan
c. short range planning
d. a staff planning

Answers

pretty sure the answer is a or b

The assets (what a business owns), liabilities (what a business owes), and capital (how much a
business is worth) are shown on a(n):
income statement
profit and loss statement
balance sheet
cash flow statement

Answers

Answer:

balance sheet

Explanation:

Businesses are required to prepare a balance sheet at the end of every financial year. The balance reports the net worth of a company. It lists all the assets and their values on one side and liabilities and equity on the side. The balance sheet follows the accounting equation to indicate the total assets on one side. It shows how the assets have been financed through liabilities and equity.

why is auditor important​

Answers

Answer:

Auditors provide assurance of an organization's financial statements from an objective and independent opinion. It benifets the company by maintaining consistency, finding errors in their processing, or detecting fraud.

Auditors are important because it provides assurance to investors and creditors that company funds are handled appropriately. Auditors protect the public from investing in companies that use corrupt business practices or that attempt to defraud investors with false financial statements.

MY STORE bought sweaters at a wholesale price of $12 and sold them for $34.99. Ron says the markup is $46.99 but you say he is wrong. Show Ron how to find the markup amount.

Retail price= (wholesale price x markup %) + wholesale
Markup %= (retail - wholesale) x 100/wholesale
Discount= (OG price x discount %)
Sale price= OG price - discount
Discount %= (OG price - sale price) x 100/OG price

Answers

Answer:

Markup %= (retail - wholesale) x 100/wholesale

Explanation:

Mark up is the difference between the selling price and the buying price. It represents profits that a business makes or desires to make from the sale of an item.

Mark-up is expressed as a percentage of the buying price. For my store, profits will be calculated by getting the difference between the wholesale price( buying price) and the selling price( retail price).

Mark will be = retail price- wholesale price    x 100

                                wholesale price.

Food, shelter, and clothing are examples of:

Answers

Answer: your basic needs :c

Explanation:

Answer:

Important Resources. Needs. Stuff a homeless person wants. (Give to the homeless tho)

Explanation:

Using an advertising agency is a cost-effective way for a small business to advertise its products or services.
a. True
b. False

Answers

True !! Can I be marked as brainliest ?!

Maria is a recruiter with a bachelor's degree in business administration. She is well respected among her peers for her professional standards and understanding of the HR field. However, she has noticed that when she recruits engineers for her company, they sometimes seem unresponsive to her. The most likely reason for this is because Maria:________.

Answers

Group of answer choices.

A. Is not warm enough to the applicants.

B. Is perceived as less credible because she is an HR specialist.

C. Does not give applicants enough information, leaving them with more questions than answers.

D. Comes off as being too professional for someone in the HR field.

E. Is not approaching the candidate with enough skepticism.

Answer:

B. Is perceived as less credible because she is an HR specialist.

Explanation:

Human resources (HR) can be defined as an art of managing, controlling and improving the number of people (employees or workers), functions, activities which are being used effectively and efficiently by an organization.

Hence, human resources managers are saddled with the responsibility of managing and improving the welfare and working conditions of the employees working in an organization.

In this scenario, Maria is well respected among her peers for her professional standards and understanding of the HR field. She noticed that when she recruits engineers for her company, they sometimes seem unresponsive to her. Thus, the most likely reason for this is because Maria is perceived as less credible because she is an HR specialist and as such is considered not to have a deep understanding of the field of engineering to recruit a qualified and experienced candidate.

what kind of motion is one dimensional motion?​

Answers

Answer:

Translational motion

Explanation:

One dimensional motion simply means the movement of an object or body along one single plane, the plane of motion is usually a straight line. Rectilinear or translational motion ias a ckas of motion which uni-dimensional. Motion which occupied along a single plane includes, movement of cars along a straight line or path, the motion of a shot gun or the motion of athletes along a 100m shirt distance run. Hence, bodies which moves along a straight path could be said to exhibit a one dimensional state of motion.

.What are some potential difficulties that you might encounter when doing business in the Chinese market?

Answers

Answer:

The answer is below

Explanation:

There are various potential difficulties one might encounter when doing business in the Chinese market. Some of which are:

1. Intellectual property issue: this is an area of business that is known to be one of the big issues in China. It is reported that a lot of inventors have problems in protecting their inventions, as many other competitors can just pick the invention idea and build on it without sanctions.

2. Governmental challenges: there is a huge issue of lack of transparency and corruption in China, most especially against foreign business owners.

3. Market Access: because of the diverse and big difference in consumers' consumption habits and distribution operations in China compared to other countries, most especially non-Indochina countries, will make the market access difficult for foreign business.

4. Consumer preference: consumers' preference in China is reported to be different and distinct compared to what is obtained outside China. Hence, foreign business owners will find it challenging to cope.

5. Bureaucracy: to obtain necessary licenses and permits in china requires going through a long process, which may even be more delayed to foreign business owners.

What is the first step in diffusing a conflict with an angered customer?
A. elevate the problem to the appropriate person
B. document the situation for analysis
C. assess the situation
D. let the customer vent​

Answers

...........The answer is C

Why did the United States interfere in Iran in the 1950s? What was the result of their interference?

Answers

Answer:

Because Iran has oil and sells it to U.S. Iran minister doesn't want to do business with U.S. anymore.

Explanation:

The results were the U.S. would sponsor in Iran to replace existing gov't to be more western friendly.

Other Questions
A regular polygon has 12 sides find the size of each of its interior angles Answer if correct 70 points Brainly Suppose an object is launched from ground level directly upward at 57.4 f/s Write a function to represent the objects height over time. PLZ HELP ME IM FAILING!Everything you need to know about the question is on the photo I want to put 1/2 of a banana in each sack lunch. If I have9 bananas, how many sack lunches can I make? Select the correct answer.Read the adapted excerpt from Cats: Their Points and Characteristics by W. Gordon Stables.Based on the information my participants provided, the verdict is as follows: cats are not as a rule thieves, but in fact, quite the reverse. In most cases, when properly treated, cats are to be trusted. In every case investigated, where a feline theft was proven, it turned out that the cat had been mistreated.Which sentence correctly paraphrases and cites the excerpt?A. In every case that I was able to investigate, I found that where a feline theft had been shown to be true, it turned out that the cat had been mistreated (Stables).B. Based on the information my participants provided, cats are thieves as a rule, meaning that in most cases investigated, they cannot be trusted (Stables).C. According to my survey, cats are generally trustworthy and only tend to steal when they havent been cared for appropriately (Stables).D. In the case of feline theft, I have found the following verdict: cats are not as a rule thieves, but in fact, quite the reverse (Stables). a square has an area of 1 square unit what is the length of the square arrange the following is ascending order -12 8 -14 6 0 Why would the writers of our new constitution want to make a government where each part or branch of the government was equal? Five families have signed up to bring a pie. If a single serving of pie is 1/6 of the entire pie, how many people will 5 pies serve? please help in stuck what is a polynomial Madison is going to hike to the point (4,4) on the coordinate grid, which is the top of themountain shown.765201 2 3 4 5 6 7 8What is the approximate total distance Madison travels while she moves up the mountain?o16o5.66328.34 Which is a disadvantage of storing data digitally?A.The parts of devices that store data are unstable compared to analog storage.B. Other people can access personal data when a virus is copied with the data.C. Noise makes digital data unreliable when copied.D. The quality of copies stays the same as more copies are made. PLS HELP ASAP I DONT HAVE TIME FOR THIS, IT ALSO DETECTS IF ITS RIGHT IR WRONG help me pls i dont understand Discuss any three famous graphic designers. Compare and contrast their work in detail. The assets (what a business owns), liabilities (what a business owes), and capital (how much abusiness is worth) are shown on a(n): income statementprofit and loss statementbalance sheetcash flow statement sam writes on a white board the positive integers from 1 to 6 inclusive once each. she then writes p additional fives and q sevens on the board. The mean of all the numbers on the board is then 5.3. What is the smallest possible value of q? A company uses a perpetual inventory system. The company began its fiscal year with inventory of $998,000. Purchases of merchandise on account during the year totaled $3,124,089. Merchandise costing $3,456,980 was sold on account for $6,909,879. Prepare the journal entries to record these transactions.