Which situation best illustrates the economic concept of opportunity cost?
A. A business has to change its production methods to meet
environmental regulations.
B. A business hires a new programmer, so it can't afford to hire a new
salesperson.
C. A business decides to expand by borrowing a lot of money from
an investor
D. A business opens branches overseas, so it has to hire more
multilingual staff

Answers

Answer 1
B. because opportunity costs is giving up one benefit to gain another benefit.
Answer 2

In today's global market, opportunity cost is when a company hires a new coder but cannot afford to engage a new salesperson. Therefore, option B is correct.

What is an opportunity cost?

When a decision must be made between numerous mutually exclusive options due to limited resources, the opportunity cost of that decision is the value of the best alternative forgone.

Opportunity cost follows directly from the shortage. While determining how to spend their money and time, people must make decisions from various options.

The potential benefits that a person, investor, or business forgoes while choosing between two possibilities are known as opportunity costs. Opportunity costs are easily disregarded because they are by nature invisible.

Opportunity cost is the difference between the value of a different option and the value of the selected one. Opportunity cost is a notion used in decision-making to assist people and organisations in making better decisions, primarily by considering alternatives.

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Related Questions

Why is it better to have 10 new businesses with 10 employees each than to have a factory with 100 workers?

Answers

Answer:

100 workers can help get the job done a lot easier

Explanation:

10x10=100

Your client, Bo Regard, holds a complete portfolio that consists of a portfolio of risky assets (P) and T-Bills. The information below refers to these assets. E(Rp) 12.00 % Standard Deviation of P 7.20 % T-Bill rate 3.60 % Proportion of Complete Portfolio in P 80 % Proportion of Complete Portfolio in T-Bills 20 % Composition of P: Stock A 40.00 % Stock B 25.00 % Stock C 35.00 % Total 100.00 % What is the expected return on Bo's complete portfolio

Answers

Your client, Bo Regard, holds a complete portfolio that consists of a portfolio of risky assets (P) and T-Bills. The information below refers to these assets. E(Rp) 12.00 % Standard Deviation of P 7.20 % T-Bill rate 3.60 % Proportion of Complete Portfolio in P 80 % Proportion of Complete Portfolio in T-Bills 20 % Composition of P: Stock A 40.00 % Stock B 25.00 % Stock C 35.00 % Total 100.00 % What is the expected return on Bo's complete portfolio?

A. 3.48 % B. 7.55 % C. 9.28 % D. 10.67 % <--Correct Answer

E(Rp) = (1/6)*0% + (1/2)*7% + (1/3)*12% = 9,33% or about 9,3%.

This is the correct answer.

Select all the correct answers.
Which two expenses are considered variable expenses?
car loan payment
car fuel
o grocery bill
O mortgage payment
O property taxes

Answers

Explanation:

1: mortgage payment

2: property taxes

features of government​

Answers

Answer:

Key features of the democratic governments are:

People choose their own representatives to the parliament.

Free and fair elections are held at regular intervals.

Judiciary is independent of the control of executive and legislature.

There is an increased participation of people in political processes.

Explanation:

that the answer hope it helping

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studies exploring nurses’ perceptions about using robots to insert ivs found initial resistance, with some nurses concerned about the cost and potential patient harm of these devices. as part of the ________ stage of change, the nurses’ managers are modeling how to use the robots and demonstrating their high level of accuracy.

Answers

Answer:

Explanation:

Refreezing

In the description given above, we see that the nurses have gone beyond resisting the use of robots to insert IVs to modeling the use of robots in this practice. They have undergone a change.

As part of the Refreezing stage of change, the nurses’ managers are modeling how to use the robots and demonstrating their high level of accuracy.

The refreezing stage of change refers to the point when the person who is learning a new concept has started adopting it and making it a part of him or her.

This is what happens to the nurses as they no longer resist the idea of using robots in administering IVs. They are now modeling its use.

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List 4 stakeholders

Answers

Answer:

Employees,Governments,Local communities,customer

Which investment strategy would work best if you wanted to grow your
investment slowly without losing much money?
A. Low risk, low return
B. High risk, high return
C. Low risk, high return
D. High risk, low return

Answers

The best answer would probably be a low risk, low return.

An investment strategy with low risk and low return would be the best one if you wanted to grow your investment slowly without losing the money.

Which investment strategy is best to use?

An investment strategy with low risk and high return is best to adopt for the motive of earning high profit.

Investments with low risk are much safer than high risk. It also provides the chances for larger gains.

It would be a profitable to choose the investment only with low risk factor.

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Using at least two terms from the unit, summarize the United States’ connection to the history of bananas, as documented in this TED talk.

Answers

Answer:

There was a U.S corporation called El Pupo that specialized in trafficking bananas. Bananas reached America in the early 1500’s. By the end of the 1800’s, bananas were a big hit in the U.S. Because U.S fruit companies wanted to grow their own bananas, they bribed government officials into giving them access to various lands. Rainforests were cleared, plantations were built, and the business escalated from there. Explanation: For anybody who still needs it. I got a 10/10. Just switch the words around a bit and you should be good.

Advantages and Disadvantages of a public limited company (preferably 3 of each)

Answers

Answer:

advantages

it has a legal existance,it can sue or be sued in court of law

it has a big capital base because it has no limits in number of members

members have a limited liability

disadvantages

it is at times too big to be managed effectively

the financial progress of the company is not secretive since books of accounts are published to the public

the company faces disadvantages of economies of scale

Explanation:

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in cochabamba, bolivia, the informal economy is a small but important sector of the overall economy.

Answers

It is False that in Cochabamba, Bolivia, the informal economy is a small but important sector of the overall economy.

This is because the informal economy in Cochabamba is widespread in the street.

However, because they don't pay taxes or report earnings, it is hard to conclude that it is an important sector of the overall economy.

Also, since the statistics of the informal economy of Cochabamba do not reflect on the Bolivia general economy, the statement is considered False,

Hence, in this case, it is concluded that the correct answer is False.

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a lost check with a blank endorsement on it can be cashed by

Answers

Answer:

A Blank Endorsement is - an endorsement consisting only of the endorser's signature. * If the blank endorsed check is lost or stolen, the check can be cashed by anyone who has it, so only use it when it is ready to be directly cashed or deposited into the bank. SPECIAL ENDORSEMENT.

Explanation:

Thinking about your office or college, what types of
information are conveyed through the grapevine? How
often is the information accurate?

Answers

Answer: I would experience a lot of cluster chains speaking on if someone was in trouble. An employee would be called to the back office if they were either in trouble or getting a promotion.

Explanation:

How many corporations still offer their employees a pension plan
10%
50%
12%
20%

Answers

The answer is mostly likely 12%

to ________, lance, an hr manager, shares his company’s job openings on social media and online job postings.

Answers

Organization does recruitment periodically so as to bring individual with fresh brains and of ideals into the organization. To recruit from outside the organization lance, an HR manager, shares his company’s job openings on social media and online job postings.

A recruit in any organization are often regarded as a fresh or additional newcomer to a specific field. They are the newly enlisted or drafted member of a team.

Organization does recruit people to join them.

Conclusively, by posting their vacancies and openings, organization are able to reach recruit from outside their organization to known about the opening and then apply for it.

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determine the present value now of an investment of $3,000 made one year from now and an additional $3,000 made two years from now if the annual discount rate is 4 percent.

Answers

The present value of the investment is $5,658.29.

The present value is the value of an investment today. It is determined by adding the sum of the discounted cash flows of the investment.

Present value of year 1 cash flows= $3000 / 1.04 = $2,884.62

Present value of year 2 cash flows=$3000 / 1.04² = $2,773.67

Sum of the discounted cash flows = $2,773.67 + $2,884.62 = $5,658.29

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What is market information?

Answers

Answer:

Market Information means an electronic document (also available in paper form upon request) located on the Trading Platform which sets out the commercial details for each Market, including but not limited to: Margin Factors, the minimum and maximum Quantity and Our Spread.

Explanation:

brainliest plz

Answer:

The results of marketing research that are used to plan for future marketing or product development activities. The information may come from a single source or through a system of collection.

Explanation:

on edge 2022

would the company be allowed to monitor the emails of his employees?

Answers

Answer:

yes in the united states the buissness has the right to monitor every email

Explanation:

its in the lawbook

the efficient markets hypothesis says that beating the market consistently is

Answers

Answer:

https://brainly.com/question/25152897?answeringSource=feedPublic%2FhomePage%2F1#:~:text=High%20School-,The%20efficient%20markets%20hypothesis%20says%20that%20beating%20the%20market%20consistently%20is,-ADD%20ANSWER

Explanation:

During your second year of internship, a client reveals that he is thinking of proposing. You have worked with this client for a year and agree he is ready. However, which of the following would be a good suggestion?


starting family counseling

starting premarital counseling

starting to stop counseling

starting individual counseling

Answers

As a therapist undergoing internship, when a client is about to propose, then, a premarital counseling should be started.

Premarital counseling is a counseling organized for intending couples. The intending couples undergo counseling session in order to be aware of what awaits them in marriage.

It also helps intending couples know the kind of topics to discuss during their courtship ranging from financing the home, method of resolving conflicts, number of children and so many other important topics.

Therefore, as a therapist, you should suggest premarital counseling for such client having it in mind to propose.

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returning workers confront creepy time capsules of pre-pandemic life

Answers

The main idea of this article is to expose the space that workers found when returning to their workplaces after isolation from the pandemic.

The article talks about the workplaces that had particular aspects after having been alone for 18 months of isolation due to the pandemic. For example:

There was spoiled food that was left there 18 months ago.Calendars for the first months of the year 2020.

This situation originated because the workers carried out their daily work routine and did not contemplate being forced to isolate themselves for prevention to acquire the virus of the pandemic of the year 2020.

This question is incomplete because the question is missing. The question is:

What is the main idea of the article?

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Why do internal economies of scale lead to imperfectly competitive​ industries? A. Patent laws prevent firms from entering the market. B. Large firms have cost advantages over small firms. C. This is an observation based on measurable data. D. There are barriers to entry due to large fixed costs.

Answers

Internal economies of scale lead to imperfectly competitive industries because large firms have cost advantages over small firms, so the correct answer is B.

Economy of scale is the economic advantage that is realized by operating on a larger scale. In general, the average cost per unit of output decreases with increasing scale because fixed costs are spread over more units of output. Operational efficiency is also often greater with increasing scale, which in turn leads to lower variable costs.

When an industry is characterized by economies of scale, it can lead to a monopoly or oligopoly. Only large companies can then produce economically, which means that the barriers to entry for new market players are high.

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If a small municipal government buys $5,000 worth of business supplies, spends $55,000 to hire an administrator, and spends $26,000 for a new automobile used by the administrator, this municipal government's contribution to GDP is: Group of answer choices $0. $55,000. $60,000. $86,000

Answers

Answer:

$86,000

Explanation:

Since the government is hiring a worker, not a private company, it counts towards GDP, as does buying supplies.

$55,000 + $26,000 + $5,000 = $86,000

With respect to the selection tools that are used in processing applicants for a sales job:Group of answer choicesNone of these is correct.Companies should use standardized forms (developed for general use by any company) as much as possible.The most effective sequence is to start with an application blank and follow up with a series of interviews.The least costly tools should be used first.Under Affirmative Action guidelines, a company is not allowed to use psychological tests.

Answers

The companies should use the standardized forms because it is the most effective and guarantee quality selection.

Let understand that Selection tools are those tools used in selection process of hiring qualified applicant for a job.

The various method of selecting qualified applicant include:

Preliminary screeningPhone interviewsFace-to-face meetings etc

The standardization form of selecting applicants is most effective because its means that the process have been established and guarantees quality selection.

Therefore, Option A. is correct.

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as more and more companies become proficient at bringing products and services to market, ______ is emerging as a necessary and powerful competitive weapon.

Answers

Answer: Speed

Explanation:

Speed is growing as a critical and effective competitive tool as more businesses become adept at bringing goods and services to market. Therefore, the correct response is Option (D).

What is the role of speed in competitive business?

Your product's speed to market determines how quickly you'll deliver it to clients and whether you're quicker than your rivals. Delivering your products before your rivals can provide you with a market edge and position you as the industry leader.

Sales professionals are beginning to understand that speed can provide them with a competitive advantage. A company will achieve excellent results and possibly close more transactions whenever it can complete an action quicker than its rivals. It's difficult to overstate how important speed is in our daily lives.

Hence, option (D) is the correct answer to this question.

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Your question is incomplete, probably the complete question is-

As more and more companies become proficient at bringing products and services to market, ______ is emerging as a necessary and powerful competitive weapon.

A. human resources

B. raw materials

C. money

D. speed

not successful way to budgeting strategy

Answers

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the elements of a brand that cannot be spoken are called the ______.

Answers

The elements of a brand that cannot be spoken are called the brand mark.

Every band has its properties and elements such as the brand name and

brand equity which can be spoken to describe what the brand is all about.

These elements are usually unique and helps to describe the brand and its

operations.

However , the brand mark is like a logo and contains pictorial properties

which can be seen.

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what are rfid tags used for​

Answers

Answer:

RFID tags are a type of tracking system that uses radio frequency to search, identify, track, and communicate with items and people. Essentially, RFID tags are smart labels that can store a range of information from serial numbers, to a short description, and even pages of data.

Consider the following information: Budgeted indirect cost $2,000 Budgeted production units 800 Budgeted direct manufacturing labor hours 500 Budgeted customer orders 400 Actual number of setups 1,000 Using broad averaging, what is the budgeted indirect-cost rate per direct manufacturing labor-hour

Answers

The budgeted indirect cost rate is $4.00 per direct manufacturing labor-hour.

Data and Calculations:

Budgeted indirect cost for the period = $2,000

Budgeted production units for the period = 800 units

Budgeted direct manufacturing labor hours = 500 hours

Budgeted customer orders for the period = 400 orders

Actual number of setups = 1,000 setups

Therefore, the budgeted indirect cost rate per direct manufacturing labor-hour = Budgeted indirect cost divided by the budgeted direct manufacturing labor hours.

= $4 ($2,000/500)

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cost flow is in the order in which costs were incurred when using

Answers

Answers : last in, first out

Explanation:

what is the source of income for the four sectors of the economy

Answers

Answer:

Consumer, Investment, Government, and Foreign.

Explanation:

Consumer:

Personal disposable income

Investment:

Retained earnings

Government:

Indirect business taxes, Corporate income taxes, Social Security contributions, and Individual Income taxes.

Foreign:

No specified source of income but is instead represented by the difference in goods sent abroad and goods purchased from abroad.

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