Answer:
<u>tutoring opportunity cost: </u>20,000 consulting job
<u>consulting job opportunity cost:</u> 5,000 + travel from tutoring
<u>collegue:</u> 20,000 consulting job
Explanation:
opportunity cost: cost of the best rejected project, proposal or income
income from work as a consulting job: 20,000
income from tutoring: 5,000 ( externality of travel around the world)
collegue cost of 5,000
The tutorng has an externality of travel around the world. We can measure how much Allison values that chances but it is something she will consider when picking her plan.
Answer:
LaShawn's neighbor mows his lawn during the night.
DEPENDING ON HOW OFTEN LASHAWN'S NEIGHBOR MOWS HIS LAWN, A PRIVATE BARGAINING MIGHT BE USEFUL. IF THIS HAPPENS ONCE A MONTH, THE NEED OF INTERVENTION IS NOT SIGNIFICANT. BUT IF THIS HAPPENS MORE OFTEN, PROBABLY THEN BOTH MEIGHBORS WILL NEED TO BARGAIN AN OPTIMAL SOLUTION.
Opening an Apple store in a mall causes overall sales in the mall to increase by 10%.
THIS IS A POSTIIVE EXTERNALITY, THEREFORE, ANY TYPE OF INTERVENTION WILL PROBABLY MAKE THE SITUATION WORSE.
The production of steel results in pollution that affects millions of residents in the surrounding area.
IN THIS CASE, YOU NEED GOVERNMENT INTEREVENTION. POLUTION IS SOMETHING THAT AFFECTS THE GEENRAL PUBLIC, THEREFORE, IT MUST BE ADDRESSED BY THE EPA. IN CASE THE EPA AND OTHER GOVERNMENT INSTITUTIONS DECIDE TO DO NOTHING, THEN YES, PRIVATE BARGAINING WILL PROBABLY BE NECESSARY.
Answer:
Explanation: Problem-focused coping targets the causes of stress in practical ways which tackles the problem or stressful situation that is causing stress, consequently directly reducing the stress. Problem focused strategies aim to remove or reduce the cause of the stressor, including: Problem-solving. Time-management.Stress arises when individuals perceive a discrepancy between the physical or psychological demands of a situation and the resources of his or her biological, psychological or social systems . There are many ways of coping with stress. Their effectiveness depends on the type of stressor, the particular individual, and the circumstances. For example, if you think about the way your friends deal with stressors like exams, you will see a range of different coping responses. Some people will pace around or tell you how worried they are, others will revise, or pester their teachers for clues. Problem-focused coping is that kind of coping aimed at resolving the stressful situation or event or altering the source of the stress. Coping strategies that can be considered to be problem-focused include (but are not limited to) taking control of the stress (e.g., problem solving or removing the source of the stress), seeking information or assistance in handling the situation, and removing oneself from the stressful situation.
Answer:
(c) 280%
Explanation:
Given that
Number of shares purchased = 100 shares
Purchase cost of a share = 49 ÷ 8
Sale price of a share = $24
And, brokerage paid = 2%
Now the purchase cost is
= 100 shares × 49 ÷ 8 + 2% × 100 shares × 49 ÷ 8
= $612.5 + 0.02 ×$612.50
= $624.75
And, the income amount arise from the sales is
= $24 × 100 - 2% of $2,400
= $2,400 - $48
= $2,352
Now the percentage gain on the investment is
= (Income - purchase amount invested) ÷ (Purchase amount invested) × 100
= ($2,352 - $624.75) ÷ ($624.75) × 100
= ($1,727.25) ÷ ($624.75) × 100
= 276.43% or 280%
Answer:
$560
Explanation:
As we know that the total cost would be a sum of fixed cost and the variable cost
In mathematically,
Total cost = Fixed cost + variable cost
But in the question, the variable cost is not given, so first, we have to find that based on high low method.
So, the variable cost equals to
= Change in total cost ÷ change in machine hours
= ($4,460 - $2,900) ÷ (6,000 - 3,600)
= $1,560 ÷ 2,400
= 0.65
Now the fixed cost equal to
= Total cost - variable cost
= $4,460 - (6,000 × 0.65)
= $4,460 - $3,900
= $560