Roberto is considering attending a concert. He estimates the ticket price will be $94, and the cost of driving to the concert and parking will total an additional $21. In order to attend the concert, Roberto will have to take time off from his part-time job. He estimates that he will lose 4 hours at work, at a wage of $12.72 per hour.What is Roberto's opportunity cost of attending the concert

Answers

Answer 1

Answer:

$166.08

Explanation: Take $94, add $21, giving you $115, then take $12.77 ( his hourly rate at work ) and if he loses 4 hours of work, take 4 multiply it by $12.77, which gives you $51.08, then add that to $115, which equals $166.08.


Related Questions

highlights four drawbacks of direct production​

Answers

Answer:

Does not encourage trade as goods are produced for own use.

Citizens have limited variety of goods.

Discourages specialization as one is forced to produce everything required.

Hinders technological development due to use of simple production methods.

Explanation:

hope i helped

ECO Jeans, Inc. had a mission to become the leading producer of environmentally friendly blue jeans, an emerging and in-demand category in the apparel industry. Its strategy involved leveraging a network of organic cotton farmers and suppliers of environmentally responsible synthetic materials to create a product that is durable, attractive, affordable, and 100% recyclable. However, because it did not upgrade its outdated production facilities, ECO Jeans could not assemble its products at a low-enough cost to offer the jeans at a price that was attractive to customers. ECO Jeans’ strategy failed because

Answers

Answer: it was not backed up with strategic commitments.

Explanation:

The reason why ECO Jeans’ strategy failed is because the strategy was not backed up with strategic commitments.

Strategic commitments refers to the decisions that are taken by a company which have a long-term impact on the company.

Since ECO jeans could not upgrade its outdated production facilities, the company could not assemble its products at a low-enough cost to offer the jeans at a price that was attractive to customers. This could have had a positive impact on the company for a long term.

Sixteen-year-old Omar is starting his first job with long daily commutes and heavy traffic. He wants to be a cautious driver and chooses car insurance with a very
low deductible. What is true?
He will likely pay low premiums.
He will probably have discounted premiums based on past safe driver history
His insurance will probably revise premiums every quarter.
His premiums are likely very high.

Answers

The statement " the premium is likely to be very much high" is correct.

The following information should be considered:

As per the financial experts, the auto insurance plan i.e. highly deductible should be wise as the annual premium amount should be less.In the case of the monthly premium, more amounts should be paid when there is less deductible. But for cars,  there is no need to worry as there should be car insurance having less deductible.

So, the following statements should not be relevant:

Lower premiums.Discounted premium.Revised premiums.

Therefore we can conclude that the statement " the premium is likely to be very much high" is correct.

Learn more about the premium here: brainly.com/question/9834518

The true statement for the given question is :

He will likely pay low premiums.

Car Insurance

The car insurance or the vehicle insurance is defined as the insurance of the vehicle or the security deposit against the car to provide protection to any physical damage to the vehicle.

In the context, Omar has to pay low premiums for the insurance of his car.

This is because the money deducted from him for the insurance for his car is very low. So he has to pay low premiums.

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the majority of problems Best Buy was facing have been brought about by _________________force.

Answers

Answer:

external force

Explanation:

The majority of the problems best buy is facing have been brought about by external forces. This includes competition from rivals such as Amazon and Walmart. This makes the company loose it's shares in the market and the company's stock loosing it's value.

Sort the list below according to whether or not an item is an assumption made under perfect competition (aka pure competition or competitive industry).Assumed in perfect Competition------------------Not Assumed in perfect Competition-A small number of producers-Significant barriers to entry-Many buyers-Firms selling similar but different goods-Price taking behavior

Answers

Answer:

Assumed in perfect Competition

Many buyers

Price taking behavior

Not assumed in perfect Competition

A small number of producers

Significant barriers to entry

Firms selling similar but different goods

Explanation:

A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.  

In the long run, firms earn zero economic profit.  If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.  

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.  

Entrepreneurial judgment Group of answer choices is necessary to make business decisions when no fixed decision rule can be used. is fully incorporated into modern economic models of business behavior. requires decision makers to follow carefully defined rules regarding uncertainty, discovery, and business judgment. requires government advice and regulation.

Answers

Which behavior would best describe someone who has good communication skills with customers ? a) Following up with some customers b) Talking to customers more than listening to them c) Repeating back what the customer says d) Interrupting customers frequently

Carter Production, Inc.'s required production for the first six month of the year is as follows. Month Required Production January 50,000 February 70,000 March 85,000 April 105,000 May 110,000 June 120,000 Each unit requires two pounds of material. Given a desired ending inventory of 20% of next month's production needs, the pounds of material to be purchased in April is: Multiple choice question.

Answers

Answer:

212,000 pounds

Explanation:

Calculation to determine what the pounds of material to be purchased in April is

Beginning inventory 210,000

(105,000 x 2)

Add Ending inventory 44,000

(20% of May production needs

( 110,000 x 2 x 20%)

Less Beginning Inventory 42,000

(20% of April)

April pounds of material to be purchased 212,000 pounds

(210,000+44,000-42,000)

Therefore the pounds of material to be purchased in April is 212,000 pounds

a. In 2018, manufacturing workers in the United States earned average compensation of $21.86 per hour. That same year, manufacturing workers in Mexico earned average compensation of $3.20 per hour. U.S. manufacturers can possibly compete if multiple choice 1 the product in the United States is specialized. technology is cheaper in the United States. U.S. workers are more productive. some production is done in low-wage countries. b. All manufacturing is not done in Mexico and other low-wage countries because multiple choice 2 there is not enough foreign labor. of trade barriers. shipping costs are too high. consumers want domestically produced products.

Answers

Answer:

a. The correct option is that U.S. manufacturers can possibly compete if U.S. workers are more productive.

b. The correct option is that all manufacturing is not done in Mexico and other low-wage countries because of trade barriers.

Explanation:

a. U.S. manufacturers can possibly compete if

A worker or labor is said to be more productive if it produces or able to produce larger amounts of goods than the other workers or labors.

If the U.S. workers are more productive than the workers in Mexico, the labor cost per unit of goods produced in the US will be lower than the labor cost per unit of goods in Mexico.

Therefore, the correct option is that U.S. manufacturers can possibly compete if U.S. workers are more productive.

b. All manufacturing is not done in Mexico and other low-wage countries because

Trade barriers are restrictions on international trade imposed by the government.

When a country imposes trade barriers, some goods will not be imported into that country even if they are cheaper in terms of average compensation per hour for manufacturing workers than the locally produced goods. As a result, some of the goods have to be manufactured in the country where average compensation per hour for manufacturing workers is the highest.

Therefore, the correct option is that all manufacturing is not done in Mexico and other low-wage countries because of trade barriers.

Suppose Joe contracts with Marvin to frame out a shop at Joe's ranch for $10,000. During the framing Marvin discovers the costs of framing will be $2,500 more than he anticipated, and threatens to walk off the job unless Joe agrees to pay the additional $2,500. Joe agrees to the price increase. Most courts today would hold the agreement to pay the additional $2,500 to be _____ the agreement based on a(n) _______. (Choose two correct answers)

Answers

Answer:

unenforceable;

preexisting duty

Explanation:

Preexisting Duty Doctrine

This is simply regarded as when an individual is already under an obligation to do something. It simply states that the rules and guidelines under contract law that shows that if a party to a contract is under a pre-existing duty to perform, then no second thought (consideration) is taken for the modification of the contract. Modification is then voidable.

3 Types of Legal Duties

1.  Public Legal Duties such ad the duty of a police officer to protect lives and properties.

2.  Contractual Legal Duties such as unperformed, preexisting contractual promises etc.

3.  Private Legal Duties such as the duty to follow the law.

Unenforceable Contracts

This is regarded as a contract that cannot be enforced/given consideration or effect by the court of law etc  unless they are settled and corrected according to law.

Kinds of unenforceable contracts

1.) Those entered into in the name of another by one without, or acting in excess of rights or authority;

2.) Those that do not comply with the Statute of Frauds etc.

When we say that a firm is a price taker, we are indicating that the Group of answer choices firm takes the price established in the market then tries to increase that price through advertising. firm can change output levels without having any significant effect on price. demand curve faced by the firm is perfectly inelastic. firm will have to take a lower price if it wants to increase the number of units that it sells.

Answers

Answer:

firm can change output levels without having any significant effect on price.

Explanation:

In the case when we say that the firm is a price taker that means the firm has the power to change the level of an output but this does not have any kind of impact on the price. They accepted the price for the prevailing market and each unit could be sold at the similar market price. It could impact the market price also they enjoy the pricing power

Therefore the above statement should be considered

logical fallacy Well, what form of government do you want, a government by liberal do-gooders ready to spend your hard-earned dollars or a government led by business minds that understand how to live within a tight budget and generate jobs that put people to work. Group of answer choices

Answers

Answer:

i don´t nou sorry

Explanation:

John and Diana have been married for several years and share a goal of owning a 2nd home on the New Jersey shore in 8 years. They decide to review their financial expenditures monthly to evaluate steps they can take to better save their earnings. Which step of personal financial goals are they most in

Answers

Answer:

Step 5: Implementation and review of the financial plan

Explanation:

Considering the situation described above, the step of personal financial goals in which John and Diana are most in is "Implementation and review of the financial plan"

This is based on the fact that step of personal financial goals is:

1. Establishing and deciding your financial objectives and goals

2. Compiling your financial and personal information

3. Analysing your financial and personal information

4. Advancement and presentation of the financial plan

5. Implementation and review of the financial plan: this stage usually involves the process of income and expenditure adjustments.

Hence, when John and Diana decide to review their financial expenditures monthly to evaluate steps they can take to better save their earnings, they are in step 5 of personal financial goals, which is Implementation and review of the financial plan

What is the business reason for China Noah’s potential currency exposure? Does the company really need to subject itself to substantial exchange rate risk? Is the risk "material" to China Noah? Do you think China Noah should hedge?

Answers

srry I dontcknwo

Explanation:

pls make as brriallent

Mill Co. uses a batch processing method to process its sales transactions. Data on Mill's sales transaction tape are electronically sorted by customer number and are subjected to programmed edit checks in preparing its invoices, sales journals, and updated customer account balances. One of the direct outputs of the creation of this tape most likely would be a

Answers

Answer: Report showing exceptions and control totals.

Explanation:

Batch processing system has to deal with input controls showing exceptions and how invoiced are processed on each batch.

The batch processing system helps make it easier to notify invoices automatically as customers get items.

Joe's company is looking to make a number of improvements. The firm would like to maximize potential volume and reserved instance (RI) discounts across multiple accounts and also apply service control policies on member accounts. Which service or tool can be used to gain these benefits

Answers

The service or tool that could be used for gaining the benefits should be AWS  Orgs.

The information related to AWS Orgs is as follows:

AWS Organization should be an account management service. In this, there are multiple AWS accounts that should be consolidated for developing and managing. As an organization administrator, the accounts should be developed and the existing accounts should be invited for joining the organization.

Therefore we can conclude that the service or tool that could be used for gaining the benefits should be AWS  Orgs.

Learn more about discounts here: brainly.com/question/3541148

Sam is the marketing director for StyleHub, a clothing boutique. They opened their brick and mortar store last year, but Sam only published the website a month ago and it isn't receiving much traffic yet. Now, they're ready to focus on SEO and have some resources to dedicate to it. Which three tactics should Sam focus on initially

Answers

Answer:

There are several tactics that can help San increase traffic to her clothing store website. Some of them that he could focus on initially could be:

1- Create a profile on G. My Business, which is a tool that allows your site to be highlighted in the g. search tool when potential consumers are looking for clothes in your region, for example.

2- Create valuable content for your target audience, such as a blog, and spread it on social media, as a way to engage your audience and make them interested in visiting your site.

3- Optimize the website making its resources faster and more accessible, including mobile devices.

Mrs. Moreau was planning to have several guests at her home for a traditional Thanksgiving dinner. She had cooked Shady Brook Farms fresh turkeys in the past and had enjoyed them very much. When she went to her usual grocery store, she discovered that the store no longer carried the Shady Brook Farms brand. She called several other grocery stores and was finally able to locate Shady Brook Farms fresh turkeys at a small grocery store approximately 10 miles away. She drove to the store and bought a 20-pound Shady Brook Farms turkey, even though the price per pound was higher than what she normally paid at her usual grocery store. For Mrs. Moreau, the Shady Brook Farms turkey was a(n)

Answers

Answer:

The answer is "Specialty product".

Explanation:

In the given scenario, Specialty products are products that both these consumers constantly seek out just because of their unique characteristics or loyalty to a particular brand. They understand what they want and are willing to put in the time and effort to obtain that. It is an important set of purchasers who is willing to produce the effort to purchase it because of its unique traits or brand identification.

The net income reported on the income statement for the current year was $240,000. Depreciation was $50,000. Accounts receivable decreased by $10,000 and inventories decreased by $30,000. Prepaid expenses increased by $1,000 and accounts payable increased by $8,000. How much cash was provided by operating activities? Select one: a. $337,000. b. $329,000. c. $301,000. d. $321,000.

Answers

Answer:

a. $337,000

Explanation:

Calculation to determine How much cash was provided by operating activities

Using this formula

Cash provided by Operating activities=Net income+Depreciation+Account receivable+Inventories decreased -Prepaid expenses+Accounts payable increased

Let plug in the formula

Cash provided by Operating activities=$240,000 + $50,000 + $10,000 + $30,000 - $1,000 + $8,000

Cash provided by Operating activities=$337,000

Therefore the cash provided by operating activities was $337,000

Benefits Offered "Must-Haves":

Answers

Answer: Extended Health and Dental, Life Insurance and Critical Illness Coverage and Wellness. (Hope this helps!)

A security guard, dressed in plain clothes, was working for a discount store when a customer got into a heated argument with a cashier over the store's refund policy. Without identifying himself as a security guard, the security guard suddenly grabbed the customer's arm. The customer attempted to push the security guard away, and the security guard knocked the customer to the floor, causing injuries. The customer sued the discount store for battery on a theory of vicarious liability for the injuries caused by the security guard. The store filed an answer to the customer's complaint, asserting the affirmative defense of contributory negligence. The customer has moved to strike the affirmative defense. Traditional rules of contributory negligence apply. Should the trial court grant the customer's motion

Answers

Answer: C. Yes, because contributory negligence is not a defense to battery.

Explanation:

Contributory negligence means that the party suing should take some responsibility for the injuries that they got in relation to an accident because didn't take enough care to ensure that they would not be involved in the accident. For instance, seeing a "wet floor" sign and falling whilst walking across.

Contributory negligence cannot be used as a defense against battery however because it is not accepted that a person should take blame for another person becoming physical with them. The Court would grant the customer's motion in this instance.

You are the CEO of a home appliance manufacturing company and have recently undertaken a review of your company's strategy. In comparing your stock market valuation to that of your closest competitor, you note that your firm is currently valued at $50 billion, while your competitor is valued at $40 billion. How should you proceed?
A.Consider this evidence of a sustainable competitive advantage and maintain your current strategy
B. Compare the current valuations with past valuations to determine a trend
C. Assume your current strategy has failed and begin to formulate a new one
D. Compare your valuation to firms in another industry.

Answers

Answer:

The correct answer is the option B: Compare the current valuations with the past valuations to determine a trend.

Explanation:

To begin with, in the field of business managent when it comes to terms of analyzing strategies that lead the organization in its market value the most important thing to do is to find trends that will compass tasks or ways of action that the company has so that they will know if they are in the correct path growing and how the strategy should continue going or change. Because if you keep the same strategy then maybe the context will change or a fortuite case will appear and harm the organization's strategy so that will indicate that you will have to change that. Therefore that seeking for trends in the history of the company's strategies and to see what has been going well

Video news releases are ______. Group of answer choices None of the above options is correct produced by PR agencies and companies for use in TV newscasts aired by TV stations as part of their requirement to serve the public interest public service announcements (PSAs) eagerly accepted by TV news departments, especially in large markets

Answers

Answer:

produced by PR agencies and companies for use in TV newscasts.

Explanation:

Public relations involves the process of professionally maintaining and sustaining a favourable public perception and image by an organization or an elite.

It is a strategic communication process used by PR managers to issue and disseminate quality informations between their principal (usually an individual) or an organization and the public, in order to build a mutualistic relationship and boost their level of sales.

Public relations is a marketing tool that combine news covered by the media which are often not a directly paid for medium and is typically used to influence, inform and persuade the consumer to purchase a product.

A video news releases is a segment or portion of a video that's produced to have similarities with news report and are sent to media houses.

On a related note, video news releases are produced by public relations (PR) agencies and companies for use in TV newscasts.

four factors that affect the productivity of an office worker​

Answers

Answer:

not enough sleep

no breakfast

noise

distractions

Loud Noise (messes with sleep patterns)
A bad workspace
Distractions
No breakfast

how does tariffs impact employment?

Answers

Answer:

mark me as a brainlist answee

Explanation:

The levying of tariffs is often highly politicized. The possibility of increased competition from imported goods can threaten domestic industries. These domestic companies may fire workers or shift production abroad to cut costs, which means higher unemployment and a less happy electorate.

The legal document identifying the rights and obligations of both the bondholders and the issuer is called the bond ______. This document describes the number of bonds authorized, their par value, and the contract interest rate. Multiple choice question. indenture article document agreement

Answers

Answer:

indenture

Explanation:

a bond indenture is a legal document which summarizes the rights and privileges of bondholders as well as the obligations and commitments of the issuing company

a bond indenture would contain the following :

The purpose why the bond was issuedThe stated interest rate of the bondThe dates when interests would be paid to bondholdersA list of covenants the issuer is subjected to in the period the bond is outstandingActions that would be taken in event of non payment of interest and or principal  

Oficina Bonita Company manufactures office furniture. An unfinished desk is produced for $37.65 and sold for $65.35. A finished desk can be sold for $74.50. The additional processing cost to complete the finished desk is $6.60. Prepare a differential analysis. Round your answers to two decimal places.

Answers

Answer:

Alternative 1 $27.7

Alternative 2 $30.25

Differential effects $2.55

Explanation:

Preparation of a differential analysis

DIFFERENTIAL ANALYSIS

Sell unfinished desks(Alternative 1 ) Process further into finished desks (Alternative 2) Differential effect (Alternative 2)

Revenue per desk $65.35 $74.50 $9.15

($74.50-$65.35=$9.15)

Cost per desk - $37.65 -$44.25 -$6.60

($37.65+$6.60=$44.25)

Profit /Loss per desk $27.7 $30.25 $2.55

($65.35 - $37.65=$27.7)

($74.50-$44.25=$30.25)

($9.15-$6.60=$2.55)

Therefore the company should process further and sell finished desks because it yields incremental Profit per desk.

Explain the problem that can occur due to learning organization approach.

Answers

Answer:

Shshwhsjehsnebebebebbee

It is said that in a perfectly competitive market, raising the price of a firm's product from the prevailing market price of $179.00 to $199.00, ____________________. will likely cause the firm to reach its shutdown point immediately will cause the firm to recover some of its opportunity costs could likely result in a notable loss of sales to competitors is a sure sign the firm is raising the given price in the market

Answers

Answer:

could likely result in a notable loss of sales to competitors

Explanation:

In the case of the perfect competitive market wheen the price of the firm is increased from $179 to $199 as compared to the prevailing market price so this means that there should be the loss with respect to the sales for the competitors or rivalrs as this would result the firm to lose its overall shares to its rivalry

Therefore the above statement should be considered true


1. Give two examples of how life Insurance premiums would be determined based on ageand gender. Explain which type of life Insurance you would
recommend for each situation.

Answers

Answer:

Life insurance is designed to pay out a death benefit to the person or persons you name as beneficiaries when you pass away. In exchange for this coverage, you pay a premium to the life insurance company. In the case of term life insurance, you'd pay these premiums for a set term prescribed by the policy. With permanent life insurance coverage, premiums are due as long as the policy remains in effect

Franchising offers all the following benefits for franchisers except Group of answer choices franchise agreements require a certain standard of behavior from franchisees, which helps protect the franchise name. franchisers can retain control of their name while increasing global penetration of their products. the franchisee's revenue stream is fairly consistent because franchisers pay fixed fees and royalties. the franchiser's revenue stream is fairly consistent because franchisees pay fixed fees and royalties. franchisers do not have to put up a large capital investment.

Answers

Answer:

Franchising offers all the following benefits for franchisers except

the franchisee's revenue stream is fairly consistent because franchisers pay fixed fees and royalties.

Explanation:

When a franchisor gives a franchisee the authority to do business in the franchiser's trade name, using its business system, it is called franchising.  The franchisee pays a royalty, including an initial franchise fee, to the franchisor in exchange for this right.  In this business arrangement, the franchise right confers on the franchisee the authority to establish branches of the franchising company.

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