On Saturday morning, you rank your choices for activities, from most preferred to least preferred, in the following order: go to the library, work out at the gym, have breakfast with friends, and sleep late. Suppose you decide to go to the library. Your opportunity cost is

Answers

Answer 1

Answer: Work out at the gym

Explanation:

Opportunity cost of a decision is the next best alternative that would have been picked if the current decision wasn't made. For example suppose you would either eat chips or meat and you chose to eat meat. The chips are an opportunity cost of the meat.

In the same vein, the opportunity cost of going to library would be your next best (preferred) activity which in this case would be to work out at the gym.

In order words when you go to the library, you are giving up a chance to go to the gym.


Related Questions

Stimulus Industries Inc. has 2017 total current assets of $14,871,000. Last year the total current assets were equal to $12,462,000. The change in total current assets is a ________ of cash in the amount of ________. Question 10 options: A) source; $14,871,000 B) source; $2,409,000 C) use; $2,409,000 D) There is not enough information to answer this question.

Answers

Answer:

Stimulus Industries Inc. has 2017 total current assets of $14,871,000. Last year the total current assets were equal to $12,462,000. The change in total current assets is a ________ of cash in the amount of ________.

C) use; $2,409,000

Explanation:

A use of cash occurs when the assets for the current period are more in value than the assets of the previous period.  This fact means that a use occurs when an entity uses cash to increase the current assets, for example, from $12,462,000 to $14,871,000.  The opposite will be the case, if the figures are reassigned.  This is one of the ways to identify the use or source of cash when preparing the Statement of Cash Flows.

Leadership is a necessary (but not sufficient) condition for organizational success. Leaders should emerge at which level(s) of an organization?

Answers

Answer: throughout the organization

Explanation:

Leadership simply means when a group of people are being challenged and motivated sntha they can achieve a particular goal or objective. In organizations, a leader directs and motivates the workers so that organizational aims would be able to be achieved. It should be noted that leaders should emerge throughout the organization.

how freedom of choice can affect the availability of products and services for consumers. And explain how it can also affect the profit a business might make on the products and services it sells.

Answers

Explanation:

The free market is one where there is freedom of choice, that is, exchanges between goods and services in the market are carried out freely with minimal influence from the state.

Therefore, the free market predominates in capitalist countries, it is the law of supply and demand that will influence the economy, supply being the quantity of a good offered in the market and demand the quantity of a good that consumers are looking for to buy. Since one influences the other, in an ideal economy, the law of supply and demand is balanced.

A company's profit can be affected by the free market by economic variables that cause supply and demand to decrease, like many competitors in the market, economic crisis, shortage of raw materials, etc.

A student poll on your university web site for athletics asks, "how high do you think the basketball team will finish this year: 1st, 2nd, 3rd, 4th, or 5th?" an article posted a week later reports "students predict basketball team to finish within the top 5 out of 16 teams in the conference." what kind of manipulation occurred here?

Answers

Answer: Biased Scale Lie

Explanation:

A Biased scale lie occurs when research options are given in such a way that the results will be biased. It essentially positions the participants to give information in a certain way so that the results of the research/survey will come out how the researcher wanted.

Here the student poll organizers wanted the poll to reflect that they would be in the top 5 and so acted to make that happen by including no other positions outside the top 5 in the poll.

Vactin Motors, an automobile company, ties individual performance, profits, and other measures of employees' success to a particular form of pay. This form of pay is influential because the amount paid is linked to certain predefined behaviors or outcomes. Which of the following is exemplified in this scenario?

a. Minimum wage
b. Overtime pay
c. Incentive pay
d. Piecework rates
e. Bonus payment

Answers

Answer:

c. Incentive pay

Explanation:

The incentive pay is the pay i.e. to be provided when the employee achieved above the target set by the organization. It is the extra earnings for the employer. Also it directly impacts the employer performance which results into the chances of the high percentage that increases the pay of the employer

Therefore according to the given situation, the correct option is c. as it fits to the given scenario.

The Ole Factory, Inc. sells scented beauty products and personal care items. It is currently offering a promotion in conjunction with the launch of its new consulting business: customers can purchase a Deluxe Beauty Kit for $500, which is the normal retail price for this item, plus get one month's free access to an online Beauty Consultant, which normally costs $40. The free access requires that the customer agree to default auto-renewal, cancellable at any time, with The Ole Factory estimating that the auto-renewal option and the appeal of the service will result in customers, on average, opting for 6 months of paid access to the online Beauty Consultant after the expiration of the free access. For each Deluxe Beauty Kit sold as part of this promotion, how much revenue and deferred revenue should The Ole Factory recognize at the time of sale and how should it be allocated

Answers

Answer:

The answer is "$500 gross revenue for the kit was $463 and for the service, it was $37".

Explanation:

The free access for one month is an online beauty expert who knows how to do his job because Ole Manufacturer markets the product differently as well as the other item included in the kit could be identified separately. It's a particular requirement. If two distinct performance standards were included in the sale, that total profit, as well as the market cost of the property, are assigned.

The product is the deluxe beauty package [tex](\frac{\$ 500}{\$ 540}) \times \$ 500[/tex] for a fixed price of the remuneration or $463 for a week of free access [tex](\frac{\$ 40}{\$ 540}) \times \$ 500[/tex] in revenue  or $37

"Ethan knows that when he graduates from college and begins looking for a job, he will need to make his resume stand out from all the other resumes that the company receives in order to be selected for an interview. This focus on making his resume unique, means that Ethan understands the importance of _______ value."

Answers

Answer:

Communicating value

Explanation:

Communicating value involves showing others what makes one's product or skills different and better than others that are available.

What value means to stakeholders in a situation needs to be defined.

Focus is then given to how the skill or product can meet these unique needs.

Also one needs to understand the most effective platform to use in communicating value.

In this instance Ethan wants to make his resume stand out from all the other resumes that the company receives in order to be selected for an interview

He is communicating the value he can add to the company.

If there are too few respondents in the lowest income category, this category may be combined or merged with the next lowest category. This is known as ________.

Answers

Answer: E) Recoding

Explanation:

Recoding refers to the changing of a variable to better suit the needs for which the variable is being collected.

The variable's parameters can be redefined using recoding to either include more information or less so that the result can be more reflective of the situation on ground.

In mixing the lowest income category with the next lowest, recoding would have occurred.

__________ is greater when the item is a luxury good rather than a necessity, when many substitutes are available, or when the purchase is a relatively big one.

Answers

Answer:

price sensitivity is greater when the items is a luxury good rather than a necessity, when many substitutes are available , or when the purchase is a relatively big one.

__________ is a view, people calmly and carefully integrate as much information as possible with what they already know about a product, painstakingly weigh the pluses and minuses of each alternative, and arrive at a satisfactory decision.

Answers

Answer:

Information-Processing Perspective.

Explanation:

Information-Processing Perspective is a view, that states that people calmly and carefully integrate as much information as possible with what they already know about a product, painstakingly weigh the pluses and minuses of each alternative, and arrive at a satisfactory decision.

For example, an organization who is solely out there to make profits and expand their business, would make it uses a financial plan such as a yearly budget and proper allocation of its scarce resources.

A firm's labor demand curve is typically Group of answer choices downward sloping. associated with a slope equal in absolute value to the slope of the labor supply curve. a vertical line. a horizontal line. upward sloping.

Answers

Answer:

downward sloping

Explanation:

A firm's labour demand curve is typically downward sloping as a result of the inverse relationship between wages and the demand for labour. The higher wages are, the lower the demand for labour and the lower wages are, the higher the demand for labour.

Please check the attached image for a graph depicting the downward sloping labor demand curve

Darian has a gourmet cupcake business and needs a website to compete with the other bakeries in his area. He has a Google My Business listing and wants to use the website builder to create a personalized design for his business. What are the steps, in order, for building a website using Google My Business? (List the first step at the top.)

Answers

Answer:

When you claim your business profile on Google, you will find an option of creating a website.

After claiming your profile, sign in to Google my business account.

Select the location you want to manage (if you have multiple locations).

Click on the website menu to create your website on Google.

A website created at Google is suitable for small businesses and would help Darian for its gourmet cupcake business.

Explanation:

When you claim your business profile on Google, you will find an option of creating a website.

After claiming your profile, sign in to Google my business account.

Select the location you want to manage (if you have multiple locations).

Click on the website menu to create your website on Google.

A website created at Google is suitable for small businesses and would help Darian for its gourmet cupcake business.

Suppose Congress enacts investment tax credits to spur more business investment. What impact would this have on the loanable funds market?

Answers

Answer: c) There would be an increase in demand; the demand curve shifts right.

Explanation:

With tax credits on offer, companies would have an incentive to invest more in new projects that can bring money into the company because they know they will pay less taxes on it.

To invest in these new projects they will need capital and will turn to the loanable funds market. This will increase the demand for loans and so shift the demand curve for loans to the right.

In the _______ step of cluster analysis, we use descriptor variables to explain how the subsamples differ and thereby can derive efficient targeting strategies, tailored to each subsample.

Answers

Answer:

Description

Explanation:

The cluster analysis refer to an activity in which there is a group of objectives set that shows the objects in the similar group that we called as a cluster

Here in the given situation, it is mentioned that the use of descriptor variables is used for cluster analysis in order to make a difference in sub samples

So here the description step is used in cluster analysis

Therefore the third option is correct

Developing and applying sound life skills helps build a foundation for a successful carcer in salons and spas
Which life skill is most important for a cosmetologist?

Maintaining a cooperative attitude
b. Delegating work to subordinates
Using standard procedures for all tasks
Working independently
d

Answers

Answer:B

Explanation:

"An investor originally invested $10,000 in a mutual fund. Over the course of two years, the fund distributed $200 of dividends and $150 of capital gains, which have been automatically reinvested in additional shares. The fund is now worth $17,500 and the customer wishes to liquidate his holding. What is the aggregate cost basis of the mutual fund holding?"

Answers

Answer:

$10,350

Explanation:

Given the following :

Original investment = $10,000

Dividend distributed over two years = $200

Capital gains distributed = $150

Both the dividends and capital gains are Reinvested.

The cost basis of the mutual fund would be the the sum of the taxable investment.

This will be the sum of the original investment including the divudend and capital gains received over the two years.

$(10,000 + 150 + 200) = $10,350

If a stock's market price is above its intrinsic value, then the stock can be thought of as being undervalued, and it would be a good buy. Group of answer choices True False

Answers

I think the answer is false, if it’s not I’m so sorry

If a stock's market price is above its intrinsic value, then the stock can be thought of as being undervalued, and it would be a good buy. The given statement is False.

What is the relationship between the intrinsic value and the market value of a stock?

Regardless of what the market determines to be its value at a particular time, it has an internal value. Market value is the current worth of a business as represented by its stock price. As a result, the market value could be significantly greater or lower than the intrinsic value.

It is possible to consider a stock to be undervalued and a good investment if its market price is higher than its intrinsic value. The long-term value, or intrinsic value, of the stocks in their companies, is always what managers aim to maximize. Exactly what stockholders want is this.

Thus, the mentioned above-given statement is not true.

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The neoclassical view holds that long-term expansion of potential GDP due to _______________________ will determine ____________________.

Answers

Answer:

1.  economic growth;

2.  the size of the economy

Explanation:

According to the neoclassical standpoint on issues relating to macroeconomics, it is believed that, over a long period of time, the economy will vary around its potential GDP and its natural rate of unemployment.

Therefore, the size of the economy is defined by potential GDP, and wages and prices will adjust in an intelligent manner so that the economy will move back to its potential GDP level of output.

Hence, The neoclassical view holds that long-term expansion of potential GDP due to ECONOMIC GROWTH will determine THE SIZE OF THE ECONOMY

Candy is trying to decide between two job offers. The compensation package for job A includes a $300-per-month health insurance plan, to which Candy would contribute $95; a $40-per-month life insurance plan; a salary of $65,000 per year; and a 5% match on 401(k) contributions. The compensation package for job B includes a $400-per-month health insurance plan, to which Candy would contribute $105; a $50-per-month life insurance plan; a salary of $64,000 per year; and a 9% match on 401(k) contributions. Candy plans to contribute $8000 per year to her 401(k) plan.

Part 1. What is the yearly value of the health insurance benefit from job A? How about the yearly value of the health insurance benefit from job B?

Part 2. What is the yearly value of the life insurance benefit from job A? How about the yearly value of the life insurance benefit from job B?

Part 3. What is the yearly value of the 401(k) match from job A? How about the yearly value of the 401(k) match from job B?

Answers

Answer:

Part 1. Monthly  health insurance benefit for job A is $205

Yearly health insurance benefit for job A is $2,460

Monthly  health insurance benefit for job B is $295

Yearly health insurance benefit for job B is  $3,540

Part 2. The yearly value of the life insurance policy for job A is $480

The yearly value of the life insurance policy for job B is $600

Part 3. The yearly value of the 401 (k) match from job A is $3, 250

The yearly value of the 401 (k) match from job B is $5, 760

Explanation:

Part 1. The health insurance benefit per month for job A = $300 - $95 = $205

The annual health insurance benefit = $205×12 = $2,460

The health insurance benefit per month for job B = $400 - $105 = $295

The annual health insurance benefit = $295×12 = $3,540

Part 2. The monthly life insurance plan for job A = $40

The yearly value of the life insurance policy for job A = $40 × 12 = $480

The monthly life insurance plan for job B = $50

The yearly value of the life insurance policy for job B = $50 × 12 = $600

Part 3. The yearly value of the 401 (k) match from job A = 0.05 × $65,000 = $3, 250

The yearly value of the 401 (k) match from job B = 0.09 × $65,000 = $5, 760

Management's greatest single concern is ________, which is the movement of money through an organization over a daily, weekly, monthly, or yearly basis.

Answers

The movement of money through an organisation over a a daily, weekly, monthly, or yearly basis.

Answer: Cash Flow

Explanation:

"When working with a client on a real estate sale, a real estate licensee is usually acting as which type of agent?"

Answers

Answer:

Special

Explanation:

A special agent is an agent whose job is limited to performing specific activities for a client and when that is done the relationship ends. According to this, the answer is that when working with a client on a real estate sale, a real estate licensee is usually acting as a special agent because he/she is in charge of selling the real state and when that is complete, the legal relationship is over.

Laura sells two sizes of ice cream: pints and gallons. She earns $3.50 for each pint she sells, and $10 for each gallon. If she earns $20,000 in all by selling 3,300 containers, what percentage of her earnings are from pints

Answers

Answer:

60.6%

Explanation:

Let x represent the number of pints sold and y represents the number of gallon sold.  She earns $3.50 for each pint she sells, and $10 for each gallon, she earns $20,000 in all by selling 3,300 containers Hence:

3.5x + 10y = 20000                   (1)

Also:

x + y = 3300                               (2)

We have to solve equation 1 and 2 simultaneously, multiply equation 2 by 3.5 and subtract from equation 1. This gives:

6.5y = 9500

Divide both sides by 6.5

6.5y/6.5 = 8450/6.5

y = 1300

Put y = 1300 in equation 2

x + 1300 = 3300

x = 3300 - 1300

x = 2000

Therefore 2000 pints and 1300 gallons were sold

The percentage of earnings from pints = number of pints sold/ total number sold * 100%

The percentage of earnings from pints = 2000/3300 *100% = 60.6%

Railway Cabooses just paid its annual dividend of $4.70 per share. The company has been reducing the dividends by 12.8 percent each year. How much are you willing to pay today to purchase stock in this company if your required rate of return is 15 percent?

Answers

Answer:

The maximum that should be paid for the stock today is $14.74

Explanation:

To calculate the price of the stock today, we can use the constant growth model of DDM. The DDM values a stock based on the present value of the expected future dividends from the stock. The formula for price today under the constant growth model of DDM is,

P0 = D0 * (1+g)  /  (r - g)

Where,

D0 is the dividend todayg is the constant growth rate r is the required rate of return

As the growth rate in this case is negative, so we will enter the negative g.

P0  =  4.7 * (1 - 0.128) / (0.15 + 0.128)

P0 = $14.74244604 rounded off to $14.74

Sarah notices a sign in the window of a clothing store advertising a major sale on coats. realizing that she needs a new coat, sarah enters the store, chooses a coat that she feels represents good value for the price, and buys it. this stage in the exchange process is known as the _____.

Answers

Answer:

transaction

Explanation:

Transaction is the confirmation that an exchange has taken place. Before a transaction could be consumated, there must be at least two or more persons that are involved. Transaction means that a deal has been made such as receiving value for payment of product purchased.

With regards to the above, transaction is the right answer because after money has been exchanged with the products purchased, the confirmation that the exchange actually took place is transaction.

In keeping with process-oriented definitions of social entrepreneurship; social wealth is defined broadly to include: Group of answer choices

Answers

Answer: Economic, societal, health and environmental aspects of human welfare

Explanation:

In keeping with process-oriented definitions of social entrepreneurship; social wealth is defined broadly to include economic, societal, health and environmental aspects of human welfare.

Social wealth is the aggregate value of resources that an individual has to meet their emotional and social needs.

What are some tasks commonly performed in Environmental Service Systems jobs? Check all that apply. inspecting facilities measuring trees sorting recyclable materials using laboratory equipment harvesting natural resources using computers tending animals on a farm planting crops

Answers

Answer:

inspecting facilities, sorting recyclable materials, using laboratory equipment, using computers

Explanation:

Some tasks commonly performed in Environmental Service Systems jobs are inspecting facilities, sorting recyclable materials, using laboratory equipment, using computers.

What does Environmental Service Systems means?

The environmental service systems pathway incorporates occupations associated with water and air contamination control, reusing, garbage removal and general medical problems.

Environmental services incorporate framework services, including sewage, deny removal and sterilization as well as "non-foundation" services, like those connected with air contamination avoidance and alleviation, commotion reduction and the remediation of defiled locales.

Individuals who work in the Environmental Service Systems pathway might be engaged with reusing, water and air contamination control, garbage removal and general medical problems. They use information on science and designing to meet environmental guidelines and foster new strategies to forestall mishaps or risky circumstances.

Therefore Useful services - services intended to consider monetary increases; Removal services - services that address the effect on the regular habitat as it ingests remaining substances.

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What are a list of ways a family can provide enrichment for children without elaborate or expensive toys?

Answers

Answer:

Please see below.

Explanation:

Below are some of the list a family can provide enrichment for children without elaborate or expensive toys.

1. A family can gather their children and ask them to sing their favorite songs poems. They can also be taught new songs and poems. By doing this, boredom will be eliminated hence enriches them without necessary buying them expensive toys.

2. A family can ask their children to paint any animals they like whether on papers or plywood in different colours This will enable them to develop their innate drawing skills while making fun of the whole process.

3. The family can as well play a quick game with their children. Some games like arm or thumb wrestle could be fun. There is also clapping games or the children can teach the family the clapping games they learnt at school.

4. Children could be asked to tell a story from favorite story books or the parent could create an imaginary story for them. The whole idea is to keep them busy and make it fun as much as possible.

5. There is also riddles and play and cracking of jokes. Children may be asked to crack jokes, play riddles etc. Parents may as well crack jokes and play riddles for them in order to keep them busy and make them have fun.

6. For children who are already in school, the parents could help them solve their maths home work. They may be asked to solve first, after which corrections will be done for them. They may also be given other maths puzzle to solve, just to make them busy and have fun.

Astro Inc., a pharmaceutical company, wants to develop a drug to fight a new virus that is affecting people in Asian countries. To assist its team of doctors in developing the drug, the company hires two scientists who had previously conducted research on the virus. The company intends to use their expertise on the subject to create the drug. In the given scenario, Astro Inc. has most likely hired _____.

Answers

Answer:

Knowledge worker

Explanation:

Knowledge worker indicates the specification in a particular field. It also refers that when a person does a specific task, shows the speciality in it.

Therefore according to the given scenario Asian countries is affecting with a virus and a pharmaceutical company want to create a drug with the help of scientists who already research on the virus. Here, the company will use their expertise so that they can create the drug which indicates the knowledge worker.

To validate the study, the supervisors call ________ of the respondents to inquire whether the field workers actually conducted the interviews.

Answers

Answer:

10 to 25 percent

Explanation:

It is noteworthy that in such research work, in other to validate the study, the supervisors are usually required to call 10 to 25 percent of the respondents to inquire whether the field workers actually conducted interviews.

Remember, if such control policies are not in place, the field workers may not be performimg their duties, that is why the supervisors make such calls to monitor the field workers performance.

The Occupational Safety and Health Act of 1970 (OSHA): a. prohibits employers from using urinalysis to test employees for drug use on the job. b. applies solely to firms regulated by the Nuclear Regulatory Commission. c. is enforced by the Equal Employment Opportunity Commission. d. requires employers to furnish each employee with a place of employment that is free from hazards.

Answers

Answer:

Health Act

Explanation:

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