What's a possible opportunity cost when you spend $100 on a pair of sneakers?

Answers

Answer 1

Answer: opportunity cost : the cost of an alternative that must be forgone in order to pursue a certain action

in this case, let's say that you use that $100 to buy a X-brand of sneakers. meanwhile there's Z-Brand sneakers, another alternative brand with same quality but it only cost $95, but you do not know about it. Which mean, you just loss $5 worth of opportunity cost

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ou are given 6 to 1 odds against tossing three heads with three coins, meaning you win $6 if you succeed and you lose $1 if you fail. Find the expected value (to you) of the game. Would you expect to win or lose money in 1 game? In 100 games? Explain.
An investor has money-making activities A and B available at the beginning of each of the next 5 years (call them years 1 to 5). Each dollar invested in A at the beginning of 1 year returns $1.40 (a profit of $0.40) 2 years later (in time for immediate reinvestment). Each dollar invested in B at the beginning of 1 year returns $1.70 3 years later.In addition, money-making activities C and D will each be available at one time in the future. Each dollar investment in C at the beginning of year 2 returns $1.90 at the end of year 5. Each dollar invested in D at the beginning of year 5 returns $1.30 at the end of year 5.The investor begins with $50,000 and wishes to know which investment plan maximizes the amount of money that can be accumulated by the beginning of year 6. Formulate the linear programming model for this problem.
This member of the construction crew stands above all the crew chiefs and answers only to the director, the designers, and the budget office. He or she also coordinates, schedules, and engineers the technical elements of the production 1. Stage Manager 2. Scenic designer 3. Artistic Director 4. Technical Director

Recommend ways in which businesses can contribute time and effort to advance the well being of others in a business context in the following aspects:<br />*improving the general quality of life<br />
*refraining from engaging in harmful practices<br />
*making ethically correct business decisions<br />
*providing support to employees.will you pleas explain the four examples

Answers

1. Employ a business that caters the needs of people such as owning a gymnasium. That way it improves the quality of life of a person.

2. Basing on the example above, it does not engage into any harmful practice.

3. Your decision will depend on increasing the fee of gym users or improving the interior design of your gym

4. It provides support to the employee because they can interact with the gym users and can use the gym too

Doug, as a new project manager, has been described by his subordinates as not being a servant leader. Which of the following items is an example of Doug not being a servant leader? a) Doug asks his team how he can help them on a difficult project, and then follows through on their requests. b) Doug uses the last five minutes of every meeting to praise team members by highlighting what they have contributed to the project. c) Doug tells his employees that he needs to know everything that is going on in the department, especially if someone is NOT buying in to the project goals. d) Doug orders lunch to be brought in from a local restaurant, as means of thanking his employees while working on a project with a tight deadline.

Answers

Answer:

C) Doug tells his employees that he needs to know everything that is going on in the department, especially if someone is NOT buying into the project goals.

Explanation:

A servant leader is a leader that believes his/her main goal is to serve the organization. Servant leaders usually value employees' contributions and generally looks for them.

If Doug wants to know who is not buying into the project goals, he is not valuing employees' contributions, he is trying to impose his own views and ideas.

Your org's corporate currency:_______.A. Can only be deleted if another corporate currency is selected.
B. Should match the corporate locale.
C. Changes based on the location of your clientele.
D. Is the same whether you use a single or multicurrency set up.

Answers

Answer:

D. Is the same whether you use a single or multi-currency set up.

Final answer:

The corporate currency should match the corporate locale.

Explanation:

The correct answer is B. The corporate currency should match the corporate locale. This means that the currency used by the organization should align with the country or region where the company operates. For example, if the organization is based in the United States, the corporate currency would be the US dollar. It is important for the corporate currency to match the corporate locale to ensure accurate financial reporting and transactions.

Learn more about Corporate currency here:

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Who must know the scientific definitions of economics

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everyone studying economics I think

Gloria, the controller of Luna Pizza, is purchasing several new delivery vehicles. Gloria has numerous work responsibilities, so she has limited time to shop for cars. Because of the time constraints, she cannot make an extensive search for the best alternative, so she looks for cars until she finds a model that is satisfactory. Gloria is following the ________ model.a. limited focus.b. limited scope.c. dilemma.d. rationale.e. satisficing

Answers

Answer:

Correct option is (e)

Explanation:

Satisficing model is a decision making model that aims at selecting a satisfactory outcome or product by going through available options rather than aiming for the best or optimal outcome. To obtain optimal outcome, one needs to put in efforts in terms of time and energy.

In this case, Gloria follows satisficing model as she cannot make extensive research due to time constraints. so she aims at buying a car that seems satisfactory to her.

The government has antitrust laws, which _____ competition and offer patents which _____ competition.

Answers

The government has antitrust laws, which increase competition and offer patents which decrease competition.

The government has antitrust laws, which increase competition and offer patents which decrease competition. An antitrust law is a law that is bound by the federal and state government that is used to promote fair competition for consumer benefits. These laws came about so that different businesses couldn't make agreements with others to limit competition. A patent gives the rights to one person or company to be in charge of using or selling a specific item.

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