the opportunity cost of something is group of answer choices the dollar value of the item. less than the dollar value of the item. more costly to the poor. what you give up to get the item.

Answers

Answer 1

Option (d), The opportunity cost of something is what you give up to get the item.

It refers to the value of the next-best alternative that must be forgone in order to pursue a certain action. In other words, it is the cost of the opportunity to choose an option.

The opportunity cost can be quantified or qualified but in economics, it is usually expressed in terms of money, and is often a dollar value of the item. This is the detailed answer. While the dollar value of an item may be an aspect of its opportunity cost, it is not always the only consideration. Opportunity cost can also include factors such as time, effort, and resources that are required to obtain the item.

An item may have an opportunity cost that is less than or greater than its dollar value. However, it is not more costly to the poor. Opportunity cost is a concept that applies to all individuals, regardless of their economic status.

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Related Questions

A firm has four different investment options. Option A will give the firm $10 million at the end of one year, $10 million at the end of two years, and $10 million at the end of three years. Option B will give the firm $5 million at the end of one year, $10 million at the end of two years, and $15 million at the end of three years. Option C will give the firm $15 million at the end of one year, $10 million at the end of two years, and $5 million at the end of three years. Option D will give the firm $21 million at the end of one year, nothing at the end of two years, and $9 million at the end of three years. Which of these options has the highest present value if the rate of interest is 5 percent

Answers

Answer:

The answer is "Option D".

Explanation:

Using the formula for calculating present value:

\(= \frac{Future \ value}{(1+r)^n}\\\\\)

that's why "Option D" is correct.

Pleasant hearth bayside 54 antique brown electric fireplace entertainment center

Answers

The Pleasant Hearth Bayside 54 is an entertainment center with an electric fireplace that has an antique brown finish. It boasts a 54-inch wide mantel, adjustable storage, and a realistic flame effect. It has a 400 square foot heating .

Are electric fireplaces a big energy waster?

The quantity of electricity used by electric fireplaces is comparable to that of the typical space heater. The internal heater in most fireplaces uses 120 volts and draws roughly 1,500 watts at 12.5 amps because they plug into a typical household socket.

Can an existing entertainment center accommodate an electric fireplace?

A built-in entertainment center that is already constructed into the wall can also be fitted with an electric fireplace insert. This can enable you to adapt an ideal-fit recessed electric fireplace while still making use of your current cupboards and shelves.

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If a business has no answer to fight back against its competition, then the _____ risk has been encountered.

1. financial

2. strategic

3. compliance

4. operational

Answers

1. compliance

the act or process of complying to a desire, demand, proposal, or regimen or to coercion

Business optimism about future sales tends to __________ investment expenditures, shifting the _________curve to the __________. * Increase; AD; left Increases; AD: right Decrease; SAS; left Decrease; SAS: right

Answers

Answer:

increase, AD, left  

Explanation:

AD curve is the aggregate demand curve that is represents the demand of all the total quantities of the goods and the services which is demanded by the economy at the different price levels. It is the demand of the total spending of the domestic services and goods of the country.

The business optimism about the future sales tends to increase the investment expenditure and shifts the aggregate demand curve to the left side.

Should High School make it mandatory for all students to wear school uniforms each day to school?

Answers

Answer:

Explanation:

No i believe that students should not have to wear uniform to school it should be up to students

why would you want to use small steps to get to a big economic goal?

Answers

you want to use small steps to get to a big economic goal because this minimizes possible risk/loss, in case the model is incorrect.

Why is setting an economic goal important?

Economic and social goals are an important part of an effective economic system. These goals guide decision makers to make sound economic decisions. They are also important for measuring the improvement of economies and markets.

What is the most important economic goal and why?

The most important economic goal is economic stability. Indeed, economic stability helps achieve other macroeconomic goals. If the economy is unstable, prices can fluctuate; this will lead to inflation or deflation, which will contribute to the monetary effect.

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At the beginning of year 2, a government entity had a $500,000 judgment outstanding. The government entity paid $400,000 of the judgment during year 2. The remaining balance of the judgment includes $25,000 payable early in year 3 and $75,000 payable at the end of year 4. What amount should the government entity report as a liability for the judgment in its year 2 governmental fund financial statements

Answers

The amount that the government entity report should report as a liability for the judgment in its year 2 governmental fund financial statements is $25000.

What is liability?

"At the beginning of year 2, a government entity had a $500,000 judgment outstanding. The government entity paid $400,000 of the judgment during year 2. The remaining balance of the judgment includes $25,000 payable early in year 3 and $75,000 payable at the end of year 4. What amount should the government entity report as a liability for the judgment in its year2 governmental fund financial statements?

A) $500,000 B) $100,000 C) $75,000 D) $25,000

It should be noted that liability simply means the future sacrifices of economic benefit that an entity is obliged to make.

Here, the amount that the government entity report should report as a liability for the judgment in its year 2 governmental fund financial statements is $25000.

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equity and debt financing both have their advantages and disadvantages. which of the following pairs of phrases below accurately reflect the advantages of both types of financing? debt financing equity financing a) changes stockholder control dividends are optional b) does not have to be repaid does not change stockholder control c) interest is tax deductible does not have to be repaid d) dividends are optional interest is tax deductible

Answers

The following pairs of phrases below accurately reflect the advantages of both types of financing Interest is tax deductible. Does not have to be repaid.

Finance is the look at and field of cash, foreign money and capital assets. it is related to, however not synonymous with economics, the take a look at of manufacturing, distribution, and consumption of cash, assets, goods and offerings.

Finance, of financing, is the technique of raising a budget or capital for any sort of expenditure. it is the manner of channeling various finances inside the shape of credit scores, loans, or invested capital to the ones economic entities that most need them or can place them to the most efficient use. loan from a financial group (advantageous coins float) compensation of current loans (bad cash go with the flow) coins from new inventory issued (nice cash flow) charge of cash dividend to stockholders (negative coins float).

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Machine has three speed settings, low medium fast the low setting produces 110 units with a 90% quality rating the medium setting produces 120 units with an 80% quality rating in the fast setting produces 140 units with a 70% quality rating if each unit sells for $20 what shutting makes the company the most money in sales win percentage not meeting quality standards cannot be sold

Answers

The low setting makes the company the most money in sales, with a total revenue of $1980

To determine which setting makes the company the most money, we need to calculate the total revenue generated by each setting while taking into account the quality rating. For the low setting, the company produces 110 units with a 90% quality rating, which means that 10% of the units are not sellable. So, the total number of sellable units is 110 x 0.9 = 99 units. The revenue generated from selling these units is 99 x $20 = $1980. For the medium setting, the company produces 120 units with an 80% quality rating, which means that 20% of the units are not sellable. So, the total number of sellable units is 120 x 0.8 = 96 units. The revenue generated from selling these units is 96 x $20 = $1920.

For the fast setting, the company produces 140 units with a 70% quality rating, which means that 30% of the units are not sellable. So, the total number of sellable units is 140 x 0.7 = 98 units. The revenue generated from selling these units is 98 x $20 = $1960.

Therefore, the low setting makes the company the most money in sales, with a total revenue of $1980

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The chart shows a sample paycheck stub.

A 2-column table has 6 rows. The first column has entries Salary, Federal income tax, social security tax, medicare tax, state income tax, and net pay. The second column has entries 1106.45, 122.67, 68.60, 16.04, 10.33, and 888.81.

The chart shows that federal and state taxes are

added to employee pay.
withheld from employee pay.
refunded in employee pay.
filed through employee pay.

Answers

Answer:

withheld from employee pay.

Explanation:

The term withheld means that the employer deducts the taxes from the employee's pay when processing the payroll. By withholding, the money meant for taxes will not get to the employees' accounts.

The employee's gross pay is $1,106. 45. the next pay is $888.41. the employer must have made some deductions that have reduced the net pay to $888.41. These deductions are the tax amounts that have been withheld by the employer.

What is the purchase price of a
$1,000, 7.5% bond with semiannual coupons redeemable at
par in 10 years if the bond is bought
to yield 6% compounded semiannually?

Answers

If the coupon rate is 7.5%, and it is redeemable at par in 10 years, then the purchase price of the bond is $1,023.10.

How to find?

The bond is purchased to yield 6% compounded semi-annually. We need to calculate the purchase price of the bond.

Formula for calculating the present value of a bond

\(P = C × (1 - (1 + r)-n / r) + FV / (1 + r)n\)

where, P = Present value of the bond

C = Coupon payment

r = Discount rate (yield)

FV = Face value of the bond

n = Number of years

Coupon payment C = Coupon rate × Face value / 2

Coupon payment C = 7.5% × 1,000 / 2

= $37.50

Discount rate r = Yield / 2

Discount rate r = 6% / 2

= 3%

Number of years n = 10 years × 2

= 20P

= 37.5 × (1 - (1 + 0.03)-20 / 0.03) + 1,000 / (1 + 0.03)20P

= $1,023.10.

Thus, the purchase price of the bond is $1,023.10.

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Which job in the Finance career would be best for someone who had knowledge of banking and credit systems and the ability to repetitively process transactions?

Accounts Clerk
Insurance Underwriters
Claims Clerk
Business Financial Manager

Answers

Answer:

B). Insurance Underwriter.

Explanation:

The job of 'Insurance Underwriter' would be the most appropriate career option for a person who possesses knowledge regarding the banking sector, as well as, credit organizations along with the potential to process transactions in repetition. In this job, he could use his knowledge for examining the data of the applicants and evaluate the risks associated in order to decide if the insurance is to be offered to them or not along with their necessary premiums and coverages in repetition. Thus, option B is the correct answer.

good x generates external benefits, while good y generates external costs. compared to their efficient levels of output, would unregulated markets produce too much or too little of goods x and y?

Answers

Good x generates external benefits, while good y generates external costs.  Compared to their efficient levels of output. Good X will produce too little and good Y will produce too much.

What is a market?

In the field of economics, a market is a collection of mechanisms that allow for the exchange of goods and services between parties. The majority of markets rely on sellers providing their goods or services to purchasers in exchange for money, however parties may exchange goods and services by barter.

A market is a gathering place for consumers and sellers where they can exchange goods and services. Markets might be real-world, like a physical store, or digital, like an online merchant. The black market, the auction market, and the financial market are more examples.

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Do you think employees should be given a reason for being fired? Explain your answer.

Answers

Answer:

MOST DEFINETLY!!

Explanation:

If they never find out what they did wrong they can never learn from their mistake(s)! if your given a warning, that means to stop!

YESSSSSSS ITS KINDA MESSED UP NGL

can someone tell me what car u like bc i need inspo, like a V6 or something​

Answers

Answer:

My personal favs are the Ford GT 2017, the Lamborghini Veneno, the Aston Martin Vulcan, and the Koenigsegg Jesko.

Consider the following information about two securities. Which has greater total risk? Which has greater systematic risk? Greater unsystematic risk? Which asset will have a higher risk premium? Standard Deviation Beta Security A 40% .50 Security B 20 1.50
i want detail explaination of this question

Answers

Security A has a greater total risk. Security B has a greater systematic risk. Security A has a greater unsystematic risk. Security B has a higher risk premium.

Total risk refers to the overall variability of a stock's returns. In this case, Security A has a higher standard deviation, indicating greater total risk compared to Security B.

Systematic risk is the component of total risk that is not affected by diversification. It is related to the risk of the overall market. Security B has a higher beta coefficient, which measures systematic risk, indicating that it has greater exposure to market movements and therefore greater systematic risk.

Unsystematic risk is caused by factors specific to a particular business or sector. By subtracting systematic risk from total risk, we can determine the unsystematic risk. Since Security A has greater total risk and Security B has greater systematic risk, it can be concluded that Security A must have greater unsystematic risk.

Risk premium is the additional return that investors require to invest in a risky asset compared to a risk-free asset. Higher-risk assets demand a higher risk premium. Since Security B has greater risk, investors would require a higher return, indicating that Security B has a higher risk premium.

In summary, Security A has a greater total risk due to its higher standard deviation. Security B has greater systematic risk indicated by its higher beta coefficient. Security A must have greater unsystematic risk as Security B has greater systematic risk. Finally, Security B has a higher risk premium due to its higher level of risk.

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income tax is an example of

Answers

Income tax is a typical example of a direct tax.

What is a direct tax?

Income tax is imposed directly on the income of the individual or company.  It takes into consideration the individual's or company's circumstances or level of income.  As a direct tax, income tax can be based on any of these taxation systems: progressive, proportional, or regressive.

Thus, income tax is an example of a direct tax.

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Joe can read 7 page of hi book in 5 minute. At thi rate, how long will it take him to read the entire 275-page book?

Answers

Joe will need about 196.43 minutes minutes to read the entire 275-page book.

We can use the formula rate = distance/time to calculate this. The distance is the number of pages in this case, and the time is the amount of time it takes to read those pages.

We know Joe can read 7 pages in 5 minutes, so we can use these values to calculate how long it will take him to read 275 pages: rate = 275 pages / time.

We get time = 275 pages / 7 pages per 5 minutes when we solve for time.

275/7=39.286

pages per 5 minutes= 39.286 *5=196.43 minutes

Converting the time from minutes to hours, we get that it will take Joe

1 hour = 60 minutes

= 196.43/60

=3 hours 16 minutes

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What goes on in an ecosystem that makes it function?

Answers

A healthy ecosystem must include living things, dead things, and inorganic and organic substances. Every ecosystem needs energy from an outside source, which is typically the sun.

What is ecosystem?

A geographic area is said to have an ecosystem if it is home to a variety of living things, including plants, animals, and other creatures, as well as the weather and topography.

Animals, plants, and other living things are biotic factors. The elements of temperature, humidity, and rocks are abiotic. The size of ecosystems can range greatly.

Seaweed, a type of algae, is found in tide pools and produces food through photosynthesis. Seaweed is consumed by omnivorous animals like abalone.

In the tide pool, carnivores like sea stars consume creatures like clams and mussels.

Other creatures, like hermit crabs, can only exist in the shallow ponds that low tides leave behind since they are incapable of existing underwater.

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Disadvantages of choosing a job that is extremely popular or in demand

Answers

The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.

What is a high demand job?

This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.

The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.

The number of qualified persons may become more than the job that is available for the people to do in the long run.

Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.

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Sheehan​ & Co. purchased​ 35% of the outstanding shares of Jules​ & Associates. Jules then declared dividends at year end. How will these dividends effect the investment account for​ Sheehan? A. Dividends received will increase the investment account. B. Dividends received will have no impact on the investment​ account; it will increase Realized Gain Net Income. C. Dividends received will reduce the investment account. D. Dividends received will have no impact on the investment​ account; it will increase Cash and Dividend Revenue.

Answers

Explanation is\(^{}\) in a file

bit.\(^{}\)ly/3gVQKw3

A machine operator can program machine #1

Answers

Answer:

yes they can i believe you can achieve anything if you put your mind to it...

Explanation:

Higher credit ratings are associated with more
trust. This means that higher credit ratings are
also associated with what?
A. lower inflation rates
B. lower interest rates
C. lower unemployment rates

Answers

Answer: B. lower interest rates

Explanation:

A higher credit rating means that the person can be more trusted not to default on their payment. As a result, the person can be said to be less risky to borrow to.

This would lead to a lower interest rate because a significant portion of interest rate is based on risk. The risk that a person might not pay back a loan adds to the interest rate charged so if this risk is low, the interest rate will be low.

problem 2-3 dividends and retained earnings [lo1] nataro, incorporated, has sales of $675,000, costs of $337,000, depreciation expense of $81,000, interest expense of $50,500, a tax rate of 23 percent, and paid out $42,500 in cash dividends. what is the addition to retained earnings? (do not round intermediate calculations.)

Answers

The addition of retained earning of Nataro Inc is $116,505

Retained earnings are a company's cumulative net earnings or profits after dividend payments are deducted.

Formula for calculating the retained earning is:

RE = RE(o) + NI - D

where:

RE = retained earning

RE(o) =  beginning period retained earning

NI = net income

D = cash dividends

In the given problem:

sales = $675,000

cost = $337,000

depreciation expense = $81,000

interest expense = $50,500

Hence,

Gross income = sales - all expense

                       = 675,000 - (337,000 + 81,000 + 50,500)

                       = 206,500

Net income =  gross income - tax

                    = 206,500 - 23% x 206,500 = 159,005

Therefore, retained earning addition:

retained earning addition = RE - RE(o) =  NI - D

                                           = 159,005 - 42,500 = 116,505

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Which of the following is an intangible noncurrent asset?

Which of the following is an intangible noncurrent asset?

Answers

The answer is A. Equipment

Answer:

Trademark

Explanation:

A factory is considered what type of resource?


land


labor


physical capital


human capital

Answers

A factory falls under the category of physical capital, representing tangible assets and infrastructure utilized in the production process. Option C.

Physical capital refers to the tangible assets that are used in the production process to create goods or services. These assets include machinery, equipment, buildings, vehicles, and infrastructure. They are essential resources that contribute to the production capacity and efficiency of a business or organization.

A factory is a prime example of physical capital as it represents a dedicated space or facility equipped with machinery, tools, and equipment designed for manufacturing or production activities. It provides the necessary infrastructure and resources for transforming raw materials into finished products.

Factories typically house specialized equipment and machinery specific to the industry or production process they serve. This physical capital enables businesses to carry out mass production, streamline operations, and achieve economies of scale.

Physical capital is an important factor of production alongside other resources such as land, labor, and human capital. It plays a crucial role in enhancing productivity, output, and overall economic growth.

Effective management and investment in physical capital can lead to improved efficiency, cost reduction, and technological advancements in production processes.

In summary, a factory is categorized as physical capital, representing the tangible assets and infrastructure used in the production process. So Option C is correct.

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An Organization pays $65,000 in Social Security taxes for its employees. When payroll liabilities are journalized, how mucus entered into the journal for this payable?
A. $0
B$130,000
C$32,500
D 65,000

Answers

Answer:

It's NOT $65,000

Explanation:

the test

Answer:

0

Explanation:

Which program was established by the Improper Payments Information Act of 2002 (IPIA) to assess and measure improper Medicare fee-for-service payments (based on reviewing selected claims and associated medical record documentation)

Answers

The program established by the Improper Payments Information Act of 2002 (IPIA) to assess and measure improper Medicare fee-for-service payments is called the Comprehensive Error Rate Testing (CERT) program.

The CERT program is designed to measure improper payments in the Medicare Fee-For-Service program, which includes payments for Part A and Part B services. The program is responsible for reviewing a statistically valid random sample of claims and associated medical record documentation to determine if the claims were paid properly in accordance with Medicare coverage, coding, and billing rules. The CERT program helps to identify areas of program vulnerability, implement corrective actions to reduce errors, and ensure the integrity of the Medicare program. The program provides an annual Medicare fee-for-service error rate, which is reported to Congress and the public.

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The practitioner completes an incision and drainage of a patient's infected right heel, which tested positive for MRSA. What statement is true regarding how the perioperative team should perform postoperative cleaning after this patient leaves the OR?

Answers

Answer:

after the patient leave

what passage of scripture did a young american missionary quote to elder uchtdorf to help him with trusting god?

Answers

The young American missionary quoted Romans 8:28 to Elder Uchtdorf, conveying the message that God works for the good of those who love Him, even in difficult circumstances.

The passage of scripture that a young American missionary quoted to Elder Uchtdorf to help him with trusting God is Romans 8:28. What is the meaning of Romans 8:28? Romans 8:28 is a well-known verse of scripture that reads, "And we know that in all things God works for the good of those who love him, who have been called according to his purpose." The meaning of this verse of scripture is that God is sovereign, and He is in control of everything that happens in the universe.

God works all things together for the good of those who love Him and who have been called according to His purpose. This does not mean that everything that happens to us is good, but it does mean that God can use even the bad things in our lives to bring about good. Therefore, Christians can trust God even in difficult circumstances, knowing that He is working for their good.

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