You and some friends are meeting with city council members to ask them to build a skateboarding park that would cost $30,000. They ask you to identify the opportunity costs of other recreation alternatives for teenagers. As a team, identify two other alternatives for the city and discuss how you would determine the opportunity cost of each.

Answers

Answer 1

Answer:

Answer:

- Example 1: A basketball court

- Example 2: A swimming pool

2. Determine the opportunity cost of each alternative:

- To determine the opportunity cost of building a basketball court, you would need to consider the benefits and drawbacks of choosing the skateboarding park instead. For instance, you could consider the number of teenagers who enjoy skateboarding versus those who prefer basketball, the potential health and fitness benefits of each activity, and the availability of existing basketball courts in the area.

- To determine the opportunity cost of building a swimming pool, you would need to compare it to the benefits of the skateboarding park. Factors to consider could include the popularity of swimming among teenagers, the availability of other swimming facilities nearby, the cost of building and maintaining a pool compared to a skateboarding park, and the potential for revenue generation through events or memberships at the swimming pool.

Explanation:

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sometimes sellers have little choice in setting a selling price because it is already marked on the item by the manufacturer. which of the following commodities is mentioned in your reading material as a common example of this?
The money left over after all of the business costs are subtracted is called the __________.A.Gross profitB.Net profitC.RevenueD.Loss
Sam takes a five-dollar bill from his wallet. He exchanges the bill for four quarters and four one-dollar bills. He then uses the change to buy a bottle of water from a vending machine. Which characteristics of money has Sam best demonstrated?Acceptability, divisibility, and portability Divisibility, scarcity, and stability of value Durability, portability, and standard Medium, scarcity, and value i think its the first right am i right
If the price of butter increases, then the demand for margarine will likely _____.a. increase b. decrease
Contractors LLC agrees to build a store for Discount Retail, Inc., at a specific location. Before construction begins, the local zoning law is changed to prohibit commercial buildings at that location. In this situation Select one: a. the local zoning authority is in breach of contract. b. the contract is discharged. c. Discount must compensate Contractors for its lost profit. d. Contractorsis in breach of contract.

Which of the following is generally true about 401(k) and 403(b) retirement plans?

Answers

Answer;

They're offered by the employers to the employees
They bring various tax benefit to you
They restrict you about when you can withdraw your money

Explanation;

-401k and 403b retirement plans are employer-sponsored and allow employees to deduct money from their paychecks, deposit it in a retirement account and earn interest tax-deferred. Tax-deferred means this saved income is not taxable until you withdraw it at the age of 65 or later.

-These plans enable employees to choose various investment accounts including mutual funds, stocks, bonds and money market accounts. 401k plans are offered by for-profit companies, and 403b plans are offered by non-profit companies.

The statements that is generally true about 401k and 403b retirement plans are :
- They're offered by the employers to the employees
- They bring various tax benefit to you
- They restrict you about when you can withdraw your money

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In _____, marketers determine price based on what consumers are willing to pay and then subtract desired margins to yield target costs. Select one:a. cost-based pricing
b. demand-based pricing
c. gap-determined pricing
d. fixed-margin pricing

Answers

The answer is B. Demand-based pricing

It also commonly known as customer-based pricing in which the marketer basically adjust the product's price according to market's demand

To get this information, usually the marketing will give some sort of questioner and give a free product to selected people and tell them to test it

from the perspective of the employee, why is it so important to have employees who can critically think?

Answers

with employees that fool around so much it would be hard to get the job done because they would make everything a game so with good employees it is easier to get the job done

which of the following is a characteristic of debt financing?group of answer choicesit lowers net incomeincreases return to equity holdersincreases leverageall of the above g

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The correct option is d. All of the above are characteristics of debt financing. Debt financing refers to raising funds by borrowing money, often from banks or other financial institutions. When a company borrows money, it must make regular payments on the loan, which reduces its net income.

Debt financing also increases the return to equity holders, as the cost of debt is generally lower than the cost of equity. When a company takes on debt, it increases its leverage, which means it has a higher level of debt relative to equity.

While debt financing can provide a company with access to funds that it may not have been able to raise otherwise, it also comes with risks. If a company takes on too much debt, it can become difficult to make payments, which can lead to financial distress or bankruptcy.

Therefore, it is important for companies to carefully consider their debt levels and ability to make payments before taking on debt financing. The correct option is d.

To know more about financing refer here:

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Project size is an important consideration in technical feasibility. Larger projects create more risk, both because they are more complicated to manage and because there is a greater chance that some important system requirements will be overlooked or misunderstood.A. True
B. False

Answers

Answer:

TRUE

Explanation:

Project size is very paramount when preparing a feasibility report. Feasibility report helps in understanding the cost and also the probable revenue to he gotten in the business. With stating the project size in the report, you'd be able to know if you have the needed resources to complete the required project size. Larger projects are also more complicated because of the numerous requirements needed as compared with smaller projects. Feasibility report helps account for the requirements and complexity so that nothing is missed during the preparatory stage.

Bart wants to know whether skateboarders have faster reactions than non-skateboarders. He recruits 25 skateboarding teenagers, and 25 non-skateboarding teenagers, and measures the reaction time of each group. What type of design is this?

Answers

Answer:

Cross Sectional Quasi-Experiment

Explanation:

Based on the information provided within the question it can be said that the type of design that Bart is using in this scenario is a Cross Sectional Quasi-Experiment. This is a type of experiment in which two or more different types of groups are compared at the same time in order to analyze the results and come to a conclusion of the experimental variable that is being researched. Which in this case would be "who has better reaction time.".

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