Miguel choose to save for a car instead of traveling around Europe with friends. Though he was sad to miss the trip, he knew it was necessary if he wanted the car. What does this scenario BEST demonstrate?
A.
opportunity cost

B.
inflation

C.
passive income

D.
personal risks

Answers

Answer 1

Answer:

A. opportunity cost

Explanation:

Opportunity cost is the foregone benefit as a result of not choosing a particular option. It is the forfeited advantage in the decisions making process.

Miguel forfeited visiting Europe save for a car. He sacrificed the satisfaction of visiting Europe to buy the car. The sacrificed joy is the opportunity cost.

Answer 2

Answer:

opportunity cost

Explanation:


Related Questions

Who benefits more from a franchise, the individual entrepreneur or the parent company? Explain. Someone pleaseee help me

Answers

Answer:

The parent company

Explanation:

In simple words, the parent company gets more benefit in a franchisee system as compared to the individual entrepreneur. The parent company gets to extend their business and promote their brand , while the handwork is done by some other individual.

The parent company also make high profits and generally keeps a lot of hold on their individuals franchisee branches.

Please help. I will mark you as brainliest !!

Compare and contrast the different types of business ownership.
a. Fill in the following chart to compare and contrast sole proprietorships and partnerships.
Type of Ownership
General
Pros
Cons
Characteristics
Sole Proprietorship
Partnership

Answers

Answer: Compare and contrast three forms of business organization—sole proprietorship, partnership, and corporation with regards to number of owners, liability, lifespan, decision making, and taxation. Sole proprietorship's are firms legally owned by only one person. Partnerships are firms legally owned by two or more people.

Explanation: I hope that helped! Mark me as brainlist.  

1. Unit 8 provided several examples of businesses in which pricing plays an essential role in the business's identity. Think of an example of a business in your community whose reputation is also based on an aspect of pricing and explain how pricing forms the identity of the brand.

Answers

Answer:

Examples of businesses in which pricing plays an essential role in the business's identity are;

1) PEP, 2) Market Square, 3) Walmart, 4) Target, 5) Eko Hotel

Shoprite

Pricing forms the the identity of the Shoprite brand because the charges for the items sold are reduced to the lowest minimum, such that customers are attracted to their outlets as a customer can get a wide variety of popular, local, and rear at affordable prices

Explanation:

People and blank careers are per suitors they like leader ship pools as well as sales they often have a good verbal abilities and talk to people into doing things their way

Answers

Answer:

Enterprising

Explanation:

Given that people in enterprising careers are those taking job positions such as Insurance Sales Agent, Lawyers, Arbitrator, Mediator, Sales or Retail Buyer, Head Cook, Construction Manager.

Hence, it practically correct to conclude that People in ENTERPRISING careers are persuaders they like leadership roles as well as sales, they often have a good verbal ability and talk to people into doing things their way

Your unique combination of attitudes, behaviors, and characteristics make up your _____. a. learning style b. self-concept c. personality d. self-esteem Please select the best answer from the choices provided A B C D

Answers

Answer:

C. Personality

Explanation:

Answer on Edge2020

Answer:

C

Explanation:

Edge 2022

outline three strategies for effective communication with an organization​

Answers

Answer:

Effective communication strategies: 7 ways to improve

Keep it real. When delivering your message, be truthful and as complete as possible. ...

Be timely. Don't wait until you have all the information to deliver a message. ...

Focus on consistency. ...

Tailor your message. ...

Reinforce it. ...

Encourage feedback. ...

Empower your managers.

Explanation:

I've explain on top

Question 9 of 10
If a new source of lumber is found, what is likely to happen to the price of
lumber, and why?
A. The price is likely to increase because demand will increase.
B. The price is likely to increase because costs of production will
increase
C. The price is likely to decrease because demand will decrease.
O D. The price is likely to decrease because supply has increased.
SUBMIT

Answers

Answer:

O D. The price is likely to decrease because supply has increased.

SUBMIT

Explanation:

A new source of lumber will result in an increase in the quantity available for sale. As per the laws of supply and demand, an increase in supply without a corresponding increase in demand leads to reduced prices.

The prevailing market price or equilibrium price is the price at which the current demand matches the current supply. There are no shortages or excesses. An increase in supply creates a surplus in the market. For suppliers to sell the excess lumber supplied, they have to reduce prices to create more demand.

Janet Boyle intends to deposit $300 per year in a credit union for the next 10 years, and the credit union pays an annual interest rate of 8%. A. Determine the future value that Janet will have at the end of 10 years, given that end-of-period deposits are made and no interest is withdrawn, if (1) $300 is deposited annually and the credit union pays interest annually. (2) $150 is deposited semiannually and the credit union pays interest semiannually. (3) $75 is deposited quarterly and the credit union pays interest quarterly. B. Use your finding in part a to discuss the effect of more frequent deposits and compounding of interest on the future value of an annuity.

Answers

Answer:

A(1) Future value of annual deposit = $4,345.97

A(2) Future value of semiannual deposit = $4,466.71

A(3) Future value of quarterly deposit = $4,530.15

B. The more frequent deposits and compounding of interest are, the higher the future value of an annuity of an annuity will be.

Explanation:

A(1). Determine the future value that Janet will have at the end of 10 years, given that end-of-period deposits are made and no interest is withdrawn if (1) $300 is deposited annually and the credit union pays interest annually.

These can be calculated using the Future Value (FV) of an Ordinary Annuity as follows:

FVA = P * (((1 + r)^n - 1) / r) ................................. (1)

Where,

FVA = Future value of the annual deposit = ?

P = Annual deposit = $300

r = Annual interest rate = 8%, or 0.08

n = number of years = 10

Substituting the values into equation (1), we have:

FVA = $300 * (((1 + 0.08)^10 - 1) / 0.08)

FVA = $4,345.97

A(2). Determine the future value that Janet will have at the end of 10 years, given that end-of-period deposits are made and no interest is withdrawn if (2) $150 is deposited semiannually and the credit union pays interest semiannually.

These can be calculated using the Future Value (FV) of an Ordinary Annuity as follows:

FVS = P * (((1 + r)^n - 1) / r) ................................. (2)

Where,

FVS = Future value of the semiannual deposit = ?

P = Semiannual deposit = $150

r = Semiannual interest rate = 8% / 2 = 0.08 / 2 = 0.04

n = number of semiannual = 10 * 2 = 20

Substituting the values into equation (2), we have:

FVS = $150 * (((1 + 0.04)^20 - 1) / 0.04)

FVS = $4,466.71

A(3). Determine the future value that Janet will have at the end of 10 years, given that end-of-period deposits are made and no interest is withdrawn if (3) $75 is deposited quarterly and the credit union pays interest quarterly.

These can be calculated using the Future Value (FV) of an Ordinary Annuity as follows:

FVQ = P * (((1 + r)^n - 1) / r) ................................. (3)

Where,

FVQ = Future value of the semiannual deposit = ?

P = Quarterly deposit = $75

r = Quarterly interest rate = 8% / 4 = 0.08 / 4 = 0.02

n = number of quarters = 10 * 4 = 40

Substituting the values into equation (3), we have:

FVQ = $75 * (((1 + 0.02)^40 - 1) / 0.02)

FVQ = $4,530.15

B. Use your finding in part a to discuss the effect of more frequent deposits and compounding of interest on the future value of an annuity.

Since the future value of quarterly deposit of $4,530.15 is greater than the future value of semiannual deposit of $4,466.71 which on its own is also greater than the future value of annual deposit of $4,345.97, this implies that the more frequent deposits and compounding of interest are, the higher the future value of an annuity will be.

On July 1 the FISHER Shoe Store paid 15,000 to Acme Realty for 6 months rent beginning July 1. Prepaid Rent was debited for the full amount. The financial statement prepared on July 31 should adjust:

Answers

Answer and Explanation:

The adjusting entry is as followS:

Rent expense $2,500

      To Prepaid rent $2,500

(Being rent expense is recorded)

Here the rent expense is debited as it increased the expenses and credited the prepaid rent as it decreased the assets

The rent for one month is

= $15,000 ÷ 6 months × 1 month

= $2,500

What do behaviorist and cognitivist theories have in common?


a. Praise is an important aspect of learning in both of them.

b. They both rely on a simple stimulus-response system.

c. Repetition is an important aspect of learning in both of them.

d. They both accept that the mind has a conscious role in learning.

Answers

C hope that helps hand f

If you borrowed $100 for one year And paid $110 at maturity, the interest rate youpaid would be 10 percent.
T or f

Answers

Answer:

True

Explanation:

Interest rate is calculated by the formula

I= P x r x t

In this case,

Interest = 10( amount - principal; $110 - $100= $10

P= $100

r ?

t=1

Therefore,

$10 = $100 x r x 1

$10 = $100r

r= $100/$10

r= 10%

According to the Small Business Administration, the percentage of businesses that
survive the first five years is about

Answers

Answer:

50%

Explanation:

Why are labor unions able to negotiate effectively with companies where individual workers can't?
Help please 80 points!!!

Answers

Answer:

As said from quizzlet, Labor unions can use the power of collective bargaining and strikes to make management listen. Instead of using the power of one, easily replaced worker, the union uses the power of all workers for leverage.

Explanation:

Other Questions
What are the contributions of the Northern Renaissance? Use the following sets to answer the following: Y: The set of yellow attribute pieces H: The set of hexagonal attribute pieces SY: The set of small yellow attribute pieces SB: The set of small blue attribute pieces L: The set of large attribute pieces 1. Which pairs of sets, if any, can be put into one-to-one correspondence? 2. Which pairs of sets, if any, are equal?3. Which pairs of sets, if any, are disjoint? 4. Which set is a proper subset of another? 5. Which attribute pieces are in Y L? 6. Which attribute pieces are in Y UL? In the Bohr model of an atom (shown), protons are represented in blue, the neutrons are red and the electrons are green. How reactive is the element that this model represents?Non-reactive because the model is showing two complete electron shellsHighly reactive because the model has two complete electron shellsNon-rective because the model is showing only one valence electronHighly reactive because the model is showing only one valence electron. This violent uprising in China, led to foreign countries occupying China to agree to a 2nd Open Door PolicyThe China RevengeThe Boxer RebellionThe French Revolution Can yall help me with this an agent that causes change in the activity of a structure In prison, Malcolm X _____ the Nation of Islam. if the mean of 6 7 13 and 10 is 8 find the range Consider the volume of a rectangular pyramid, one whose base is not square. Does changing one of the three variables (length, width, or helght)by a given fraction have a greater effect on the volume of the pyramid than changing either of the other two variables? That is, which variable, ifany, has the largest influence on the volume? Assume that the other two variables remain constant. Explain your answer. share $180 between anna and barry so that Anna share to barry share is in the ratio 4:5 When Tom returns to Germany to find Tyndale and check on the progress of his Bibles,where does he find Tyndale?O At a barO At a printing pressAt a friend's houseO At an inn Imagine you are Dad from Passage A. The owner of the companywants to introduce holiday work experience for more young people.You have been asked to present a report to the owner of thecompany following your sons experience.Write the report.In your report you should comment on: the challenges faced by Andrew and what you hoped he wouldgain from his six weeks at the factory how different staff members treated Andrew what you have learned about the thoughts and feelings of thepeople who work at the company.Base your report on what you have read in Passage A, but be carefulto use your own words. Address each of the three bullet points.Begin your report, Summer work experience for young people Write about 250 to 350 words. What was the mood of the country when FDR first took office? Assuming a 25% efficiency, how many Calories would a horse need to consume to work at 1.0 hp for 2.0 hh ? This is graphing and if you only want points ill report A is what percent of B? Pls help??? Which lines of dialogue does the playwright include in Brighton Beach Memoirs to show Kate's viewpoint of her niece? Always studying, that one. She's gonna have some head on her shoulders. I just have this one edge to finish... Laurie, darling, help your Aunt Kate with the dishes. Blanche, that's enough sewing today. That's all I need is for you to go blind. No? Then who? Laurie? Aunt Blanche? Did you ever see them on skates? What is one thing the Persian's contributed to society or one idea they shared with other societies? can someone please write 4-6 sentences about how poverty isn't fair thank you!!!!! and no my teacher doesn't know my writing style im new to this school!!!! h. The length of the shadow is different in evening and in the day. Justify