Answer:
It increases the opportunity cost because you are foregoing more money for college.
Explanation:
Opportunity cost is the benefit profit, or value of something that is missed or given up when an individual chooses one alternative over another.
The 10% rise in salary offered by the branch manager increases the opportunity cost of going to college. This is because the higher cost (money) you could have earned by not going to college is foregone.
Answer:
c. because P > MC, a basic condition for efficiency is violated.
Explanation:
An unregulated monopoly is a market in which monopoly holders have control over goods and services, giving them the ability to do whatever they like. Under unregulated monopoly, having a free market is impossible as price gouging is always evident.
In unregulated monopoly a basic condition for efficiency is violated because price is greater than marginal cost (P > MC).
Where P is the price and MC is the marginal cost of goods.
Answer:
A. 40,000
Explanation:
Data provided
Sold units = 39,000
Beginning units = 16,000
Ending units = 17,000
The computation of units is shown below:-
Production units = Sale unit + Desired ending inventory - Beginning inventory
= 39,000 + 17,000 - 16,000
= 56,000 - 16,000
= 40,000
So, for computing the production sales we simply applied the above formula.
The statement, "Common stock is a vehicle for selling ownership and another way to raise money for operations, expansion, or other business needs" is true.
<u>Explanation:</u>
Common stock is a distribution tool and a way to raise capital for investment, business growth or other company needs.
Common stock is a kind of company holding, a type of safety. In many other regions of the world, the terms polling share and prevalent share are frequently were using.
The "common stock" is used mainly in the USA. These are classified as shareholdings or common shares in the United Kingdom and other Commonwealth.
It means that one common stock share constitutes percentage equity of a corporation. In certain words, this is a way to split the assets of a corporation.
For example, if 100 shares were taken out, one share would amount to one percent of the company's intellectual property.