The amount of one product that must be given in order to manufacture an additional unit of another product is referred to as Opportunity Cost.
What is an opportunity cost?The opportunity cost of a particular activity choice refers to the loss of value or benefit that could be incurred through conducting that activity, relative to accomplishing an alternative activity offering a better return in value or gain.
Hence, Opportunity Cost refers to the amount of one product that must be given in order to manufacture an additional unit of another product.
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1. What is a product description?
Answer:
its where you can see the qualities of the product like a label
A _____ is limited to a select group of suppliers who provide critical high value items to the firm.
Answer:
The answer is partnered supplier
Explanation:
A partnered supplier is limited to a select group of suppliers who provide critical high value items to the firm.
I need help on this please…
6) George wants to start saving more money. What is a good first step for him to follow?
A) Identify and cut all essential expenses.
B) Start putting 15% of his income into savings.
C) Reduce spending on all expenses.
D) Track his expenses for one month.
Answer:
D: "Track his expenses for a month"
Explanation:
If he ends up tracking his expenses for a month he'll know what to spend his money on and what not to. (Need or Want)
What is the equilibrium price
The equilibrium price refers to the cost of goods and services for the consumer where the forces of market supply are equal to the forces of market demand.
What do you mean by Price?A price refers to the money that needs to be paid for acquiring a particular good, product, or service.
When the supply of goods and services is equal to the demand of goods and services, it is known as an equilibrium price.
The market is in a state of equilibrium when the forces of supply and demand are equal.
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Communication exchanges are viewed through an individual's , which influences how the communication is interpreted.
value of being an agile manufacturer?
Value of being an agile manufacturer are:
flexibilityRapid iterationAugmentationBottom-up innovation.Who is a manufacturer?manufacturer can be regarded as the producer of a good or services which is the first person in distribution channel.
Therefore, as an agile manufacturer, one will have Rapid iteration and Augmentation.
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Compute cost of goods sold using the following information.
Finished goods inventory, beginning $ 600
Cost of goods manufactured 5,520
Finished goods inventory, ending 1,500
What's the difference between 1 worker trying to get something vs many workers.
Answer:
You don’t have to share the money.
Explanation:
I’m sorry if I’m wrong this is just my opinion but I think it’s a pretty good one i only ask someone if they want something once if they say maybe later I just take it.
6. Which of the following is not a service quality attribute?
O credence qualities
O search qualities
O experience qualities
O response qualities
Answer:
search qualities
Explanation:
this is the correct answer
Answer:
Response qualities
Explanation:
Response qualities are like when you draw on your ScanTron, or you put a silly answer on a survery. Response qualities is a mechanism in place to kick out the wrong or unreadable answers, so it is not a attribute of a service.
What economic concept is applied in this statement?
By earning higher levels of education, students learn skills and are more likely to be employed. in their jobs, they use their skills to provide goodsa
and services to others.
OA
equilibrium
O B. law of demand
O c. law of supply
O D.
negative externality
O E. positive externalit
Answer:
positive externality
Explanation:
positive externality is defined as benefitting a third party, so education helps the student and then others which would be a 3rd party
What Administrative mistake have you made in the past, and what did you learn from it? Explain in detail, state if more than one.
Answer:I work at Asana, and recently our team—like many teams around the world—moved to remote work. So I’ve experienced first-hand how Asana can help remote teams manage their projects, align on their tasks, and gain clarity on their work.
With Asana, you can coordinate work across multiple teams and projects. Because Asana brings together your plans, projects, tasks, and communications in one shared space, everyone stays up to date and nothing slips through the cracks. It’s easy to see how work is progressing and who is doing what by when – all without email and status meetings.
The main way to coordinate work is with projects. Projects are how you organize and plan all of the tasks related to a specific initiative, goal, or big piece of work. You can view a project in:
Explanation:
what are challenges you may face when starting a company today?
Answer:
1. The competition within my working place or area
2. Being not able to employ most people due to lack of income
3. Lack of productivity
5. Not able to make enough profit for my business to grow
If there are many buyers and sellers and products appear different due to altering the physical appearance, this is called _____.
A. a monopoly
B. perfect competition
C. monopolistic competition
D. an oligopoly
1. Hiram and Adasha both make meatloaf and bake bread. It takes Hiram three hours to bake six loaves of bread and two hours to make three meatloaves. It takes Adasha three hours to bake eight loaves of bread and two hours to make three meatloaves. Currently Hiram and Adasha do not trade with one another. For this problem assume that Hiram and Adasha have linear production possibility frontiers and that they do not trade with anyone else. (20 Marks) a) Suppose Hiram and Adasha each have 60 hours this week that they can devote to bread baking and meatloaf cooking. Construct graphs depicting the production possibility frontiers for Hiram and Adasha. In your graphs make sure you label the x-axis and y-axis clearly. In your graphs, measure bread on the vertical axis and meatloaf on the horizontal axis.
Explanation:
Help me answer this question please
do some countries benefit more than others from globalization?
Answer:
Globalization has benefited an emerging "global middle class," primarily people in China, India, Indonesia, and Brazil, as well as the world's top 1%. People at the bottom of the income scale, and the lower-middle class in rich countries, suffered.
Explanation:
If a business has a negative cash flow, the revenue must be _____ operating expenses.
Less than
(If a business has a negative cash flow, the revenue must be less than operating expenses.)
What are the other names commonly used for the balance sheet and income statements?
Thanks ~
Answer:
statement of financial position
Explanation:
what is primary socialization
Answer:
Primary socialization occurs early in a child's life and is primarily due to the influence of family and close friends. Through primary socialization, a child learns basic societal norms and customs. Toilet training is an example of primary socialization.
Explanation:
explain the Two methods can be used to determine the critical path of a schedule
Answer:
-The two pass method
-The enumeration method
A movement along the demand curve for a good generally results from
Answer:
business environmental
need to get all the business sector's
In the formula I=P•r•t, what does r stand for
Answer:
In the formula I=P•r•t, the r stands for rate.
Prepare a trial balance from the following list of balances.
Answer:
See below ~
Explanation:
Filled in the attachment.
The owners of all the Chrysler auto dealerships in a large metropolitan area have an informal meeting during a golf outing. During the meeting, they agree to limit
their orders of a new model of automobile that has received excellent reviews from the trade press for its styling and handling characteristics. Restricting orders will
permit the dealers to sell these models at a price that will be at or above the manufacturer's
suggested retail price for the vehicle. As a result, the dealers will make
more profit on each vehicle sold, due to the high demand for the new model. This type of agreement would be viewed by the courts as
Multiple Choice
horizontal collusion that is illegal
horizontal collusion that is legal.
vertical collusion that is legal
vertical collusion that is illegal
an exclusive distribution arrangement that is legal
help please
Answer:
the second one is it
Explanation:
i think
Khalil works in the gig economy, making deliveries for local stores and restaurants. He's trying to save money so he can go back to college next semester. However, his car stopped working and needs a few repairs. What should Khalil do?
A) Split the money between car repairs + saving for college
B) Make sure that his car is repaired first
C) Put all his money towards college fund so that he can reach his goal sooner
D) Start a savings account where he can put money away for car repairs
Khalil must split the money between car repairs and college savings.
What is a personal budget?It is a technique of planning and organizing the financial expenses of a period, which helps an individual to identify their biggest expenses and have greater control over them.
Therefore, it is essential that Khalil plans his personal budget to better allocate financial resources to his needs and goals.
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Which of the following is not an advantage or disadvantage of shifting to robotics assisted camera assembly methods?
The cost of capital incurred in shifting to the assembly methods, which are assisted by robotic cameras.
What is the cost of capital?The cost incurred with a view to earn such expected returns over a financial period is known as the cost of capital.
Hence, the cost of capital is neither advantageous nor disadvantageous in shifting to the robotics assisted assembly methods of cameras.
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Calvin Johnson has a $ debt balance on his Visa card that charges percent APR compounded monthly. In 2009, Calvin's minimum monthly payment is percent of his debt balance, which is $. How many months (round up) will it take Calvin Johnson to pay off his credit card if he pays the current minimum payment of at the end of each month? In 2010, as the result of a federal mandate, the minimum monthly payment on credit cards rose to percent. If Calvin made monthly payments of $ at the end of each month, how long would it take to pay off his credit card?
Question content area bottom
Part 1
a. If Calvin made monthly payments of $ at the end of each month, how long would it take to pay off his credit card?
enter your response here months (Round up to the nearest unit.)
It would take him 2.5 years to pay off his credit card.
Using financial calculator
I/Y=12.9%/12
PV=5000
PMT=-150
FV=0
CPT N=41.49459395
What is a credit card?A credit card is a thin rectangular piece of plastic or metal issued by a bank or financial services company, that allows cardholders to borrow funds with which to pay for goods and services with merchants that accept cards for payment.
Credit cards impose the condition that cardholders pay back the borrowed money, plus any applicable interest, as well as any additional agreed-upon charges, either in full by the billing date or over time.
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Which of the is not one of the risks of starting a new business
Answer: There are five kinds of risk that entrepreneurs take as they begin starting their business. Those risks are: founder risk, product risk, market risk, competition risk, and sales execution risk.
Explanation:
what tactics did honest tea leaders most likely use to overcome that resistance
In contrast to almost any other business that is acceptable by consumers, Honest Tea technology has lowered the sugar ingredient in its beverages by taking into account consumer tastes. Traditional retail structures are being phased out or updated.
Summer cooling drinks made from juice blends with no added sugar were also introduced.
What is the definition of disruptive innovation?Disruptive innovation is defined as an innovation that creates a new market and stimulates attention by the positioning of a predecessor or its web. It replaces the previous market with a future or modern market, as well as their alliances.
To meet its mission of delivering healthy food options, the Honest Tea group has introduced dynamic capability services.
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Categorize each scenario as describing a movement along a demand curve or a shift of the demand curve.
a. College students reduce how much detergent they use for each load of laundry in response to higher detergent prices.
b. College students rush and buy discount furniture to take advantage of an unexpected price drop.
c. College students purchase many more energy drinks during finals week than during the rest of the semester.
d. Students eat out more often as the federal government increases how much grant money it provides students.
Answer:
i Think the answer is A
Explanation:
it could be A because the college students want to reduce the detergent and want to try to response to the higher prices
6) Which of the following shifts the investment curve downward?
a) An increase in national income.
b) An increase in the rate of inflation.
c) An increase in capital gains taxes.
d) None of the above.
None of the given option leads to the shifts of the investment curve downward.
What is the investment demand curve?This is a curve that show the amount of money that is spent on investments each year at each interest rate.
The investment demand curve shift downward because of wealth effect on consumption, the interest rate effect on investment and international trade effect on net exports.
Therefore, the Option D is correct.
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