When a consumer compares the price of a good to the value of that good, he or she is really comparing:_______

a. the value of the good to its opportunity cost.
b. the price of the good to the value of other substitute goods.
c. the price of other substitute goods.
d. the value of the good to the costs associated with producing the good.

Answers

Answer 1

Answer:

a. the value of the good to its opportunity cost.

Explanation:

In Economics, Opportunity cost also known as the alternative forgone, can be defined as the value, profit or benefits given up by an individual or organization in order to choose or acquire something deemed significant at the time.

Simply stated, it is the cost of not enjoying the benefits, profits or value associated with the alternative forgone or best alternative choice available. Thus, the opportunity cost of a choice is the benefits that could be derived in from another choice using the same amount of resources.

For instance, if you decide to invest resources such as money in a food business (restaurant), your opportunity cost would be the profits you could have earned if you had invest the same amount of resources in a salon business or any other business as the case may be.

Hence, when a consumer compares the price of a good to the value of that good, he or she is really comparing the value of the good to its opportunity cost because the opportunity cost of a choice refers to the value of the alternative forgone or opportunities lost.


Related Questions

There is a zero coupon bond that sells for $4,550.90 and has a par value of $10,000. If the bond has 18 years to maturity, what is the yield to maturity'? Assume semiannual compounding.
A. 4.47%
B. 4.27%
C. 4.31%
D. 4.24%
E. 4.42%

Answers

Answer:

E. 4.42%

Explanation:

Calculation for the yield to maturity

First step is to calculate the Current price using this formula

The Current price=Par value/(1+yield to maturity/2)^(2*Time period)

$4,550.90=$10,000/(1+yield to maturity/2)^(2*18)

(1+yield to maturity/2)^36=($10,000/$4,550.90)

1+yield to maturity/2=($10,000/$4,550.90)^(1/36)

Now let calculate the yield to maturity

Yield to maturity/2=1.0221092-1

Yield to maturity=0.0221092*2

Yield to maturity=0.0442*100

Yield to maturity=4.42%

Therefore the Yield to maturity will be 4.42%

The amount of amount of deadweight loss as a result of the tax is:______

a. $6,000.
b. $4,000.
c. $10,000.
d. $5,000

Answers

Answer:

D. $5,000

Explanation:

This deadweight in a lot of cases are seen to occur especially when demand and supply are not in equilibrium and in and in the above scenario, it is pegged at $5000. Therefore sometimes consumers experience shortages, and producers earn but they'd otherwise.

Taxes are also seen in the creation of deadweight loss because they prevent people from engaging in purchases they'd otherwise make because the ultimate price of the merchandise is above the equilibrium value. If taxes on an item rise, the burden is commonly split between the producer and therefore the consumer, resulting in the producer receiving less cash in on the item and therefore the customer paying the next price.

Jerry and Ann paid the following amounts during the current year: Interest on automobile loan $1,500 Interest on bank loan (proceeds were used to purchase municipal bonds) $5,000 Qualified home mortgage interest $3,150 What is the maximum amount they can use as interest expense in calculating itemized deductions for the current year

Answers

Answer:

the maximum amount is $3,150

Explanation:

The computation of the maximum amount that could be used as an interest expenses while calculating the item deductions for the present year is shown below:

Here we considered only the home mortgage interest i.e. qualified i.e. $3,500

The other things would not be considered like interest on automobile loan, interest on bank loan etc as it is not allowed

Therefore the maximum amount is $3,150

Discuss the different types of competitive pressures that firms competing in a global marketplace face. How can firms respond to such pressures?

Answers

Explanation:

There are several types of competitive pressures that companies that compete in a global market face, we can mention as more relevant the number of companies that are in the market offering similar products, which means that there may be barriers for new entrants, and make companies need to significantly lower their unit costs and achieve economies of scale to keep their products / services at competitive prices.

In the global market there is also the pressure of socio-environmental responsibility that a company has in the locality in which it is operating, which makes it necessary to adapt the strategies and marketing of the company's operations, products and services to meet the legal and regulatory requirements. meet the demands of consumers according to their wishes and preferences to meet their needs and remain competitive and well positioned in the global market.

Young Company budgets sales of $970,000, fixed costs of $30,600, and variable costs of $135,800. What is the contribution margin ratio for Young Company

Answers

Answer:

contribution margin ratio= 0.86

Explanation:

Giving the following information:

Young Company budgets sales of $970,000

Variable costs of $135,800.

To calculate the contribution margin ratio, we need to use the following formula:

contribution margin ratio= contribution margin / sales

contribution margin ratio= (970,000 - 135,800) / 970,000

contribution margin ratio= 0.86

Help!
dancing is considered as labor, capital,land or entrepreneurship?​

Answers

Answer:

D. Entrepreneurship

Because 100% it's not a land or a capital. Well, it may be a labor, but mostly it's entrepreneurship.

Hope that helps you

If tremaine waited until he had $30,000 saved for a down payment, what would his monthly payment be

Answers

Answer:

The first part of the question is missing, so I looked for a similar question and found this:

Tremaine wants a one bedroom townhouse in a trendy new development downtown; average cost is $145,000.  He is preapproved for a 4.38% interest rate on a 30-year fixed mortgage and has saved $15,000 for a down payment.

What will Tremaine’s monthly payment be? How much total interest will he pay over the course of the mortgage If Tremaine waited until he had $30,000 saved for a down payment,  what will his monthly payment be?  

1. Tremaine's loan = $145,000 - $15,000 = $130,000

monthly payment = loan / annuity factor

PV annuity factor, 0.365%, 360 periods = 200.1694

monthly payment = $130,000 / 200.1694 = $649.45

2. total payments = $649.45 x 360 = $233,802

total interests paid = $233,802 - $130,000 = $103,802

3. Tremaine's loan = $145,000 - $30,000 = $115,000

monthly payment = loan / annuity factor

PV annuity factor, 0.365%, 360 periods = 200.1694

monthly payment = $115,000 / 200.1694 = $574.52

His monthly payment will be $574.52

Here, we will use the PMT function in Excel to calculate the Monthly loan payment.

Loan amount (Pv) = Cost of house - Down payment = $145,000 - $30,000 = $115,000.

Given information

Rate = 4.38% / 12

Nper = 30*12 = 360

PV = 115,000

Monthly payment = PMT(Rate, Nper, Pv)

Monthly payment = PMT(4.338%/12, 360, 115000)

Monthly payment = $574.52

Therefore, tremaine's monthly payment on the loan will be $574.52.

Missing information includes " Wants a one bedroom townhouse in a trendy new development downtown; average cost is $145,000 ● Is preapproved for a 4.38% interest rate on a 30-year fixed mortgage ● Has saved $15,000 for a down payment"

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Part II. Explain the following concepts:
1. Factors Markets
2. The Superstar Phenomenon
3. Labor Market Equilibrium​

Answers

Answer:

.........................

3.......

Proceeds from Notes Payable On January 26, Vibrant Co. borrowed cash from Conrad Bank by issuing a 90-day note with a face amount of $43,200. Assume a 360-day year. a. Determine the proceeds of the note, assuming the note carries an interest rate of 6%.

Answers

Answer:

a. Proceeds from the note are $43,200.

b. Proceeds from the note = $42,552

Explanation:

b) Determine the proceeds of the note, assuming the note is discounted at 6%.

a. The notes are issued at the face value and thus the proceeds from the notes are $43,200.

b. Proceeds from the note = Face value of note - (Face value * Interest rate * Period due)

Proceeds from the note = $43,200 - ($43,200 * 6% * 90/360)

Proceeds from the note = $43,200 - $648

Proceeds from the note = $42,552

You own a stock portfolio invested 40 percent in Stock Q, 25 percent in Stock R, 20 percent in Stock S, and 15 percent in Stock T. The betas for these four stocks are .93, 1.10, 1.10, and 1.28, respectively. What is the portfolio beta? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Answers

Answer:

the portfolio beta is 1.06

Explanation:

The computation of the portfolio beta is shown below:

The Beta of the Portfolio is

= Stock Q Weight × Beta of Stock Q + Stock R Weight  × Beta of Stock R + Stock S Weight × Beta of Stock S + Stock T Weight × Beta of Stock T

= 0.93 × 0.4 + 1.1 × 0.25 + 1.1 × 0.2 + 1.28 × 0.15

= 1.06

hence, the portfolio beta is 1.06

We simply applied the above formula so that the correct value could come

And, the same is to be considered

An investment of $100 pays interest of 2.5% per quarter. What will be the value of this investment at the end of 3 years

Answers

Answer:

FV= $107.76

Explanation:

Giving the following information:

Present value (PV)= $100

Interest rate (i)= 0.025/4= 0.00625

Number of periods (n)= 3*4= 12 quarters

To calculate the future value, we need to use the following formula:

FV= PV*(1+i)^n

FV= 100*(1.00625^12)

FV= $107.76

Nona Hat Shop received a shipment of hats for which it paid the wholesaler $2,940. The price of the hats was $3,000, but Nona was given a $60 cash discount and required to pay freight charges of $75. What amount should Nona include in inventory?

Answers

Answer:

the amount that should include the inventory is $3,015

Explanation:

The computation of the amount that should involved in inventory is shown below:

= Invoice price - cash discount + freight charges

= $3,000 - $60 + $75

= $3,015

Hence, the amount that should include the inventory is $3,015

We simply applied the above formula so that the correct value could come

And, the same is to be considered

A(n) _____ involves moving an employee into a position with greater challenges, more responsibility, and more authority than in the previous job.

Answers

Answer:

Job enlargement.

Explanation:

Job enlargement refers to the process of adding challenges or new responsibilities to an employee’s current job.

On December 1, 2021, Davenport Company sold merchandise to a customer for $20,000. In payment for the merchandise, the customer signed a 6% note requiring the payment of interest and principal on March 1, 2022. How much interest revenue will the company recognize during 2021

Answers

Answer:interest revenue the  company recognize during 2021 is $100

Explanation:

 Interest for  2021 = Principal x Rate x Time

= $20,000 X 6% x 1/ 12 ( From 1st t0 31st December is 1 Month)

=$100

Journal to record accrued interest by  Davenport Company

Date                          Accounts Titles                          Debit         Credit

Dec 31st, 2021               Interest Receivable               $100

                                   Interest Revenue                                         $100

Therefore, the interest revenue the company will  recognize during 2021 is $100.

Which phrase best completes the diagram?
Features of Federal Reserve banks
Are divided into 12 districts
Execute federal monetary policy
?
A. Adjust Federal Reserve requirement rates
B. Provide money to banks at the discount rate
C. Appoint members of the Board of Governors
O D. Buy treasury securities on the open market

Answers

Federal Reserve bank is the highest/top bank of the U.S., it provides money at a discounted rate to the banks.

What do the Federal Reserve banks do?

They are the highest/top of all the banks in the U.S. They look after the country's monetary policy, regulate the banking system, check the money flow in the country, and provide financial services to the government.

Features of Federal Reserve banks:

divided into 12 districtsExecute monetary policy, andProvide money to banks at a discount rate.

Therefore, option B describes the function of Federal banks.

Learn more about  Federal Reserve banks here:

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Answer: Provide Money

Explanation:

I’m doing the quiz

Security A: Probability 30% of Return 7%; Probability 50% of Return 12%; Probability of 20% of Return 17%. Security B: Probability 35% of Return 6%; Probability 65% of Return 16% What is the expected return for Security A

Answers

Answer:

the expected return for security A is 11.50%

Explanation:

The computation of the expected return for security A is shown below:

The  Expected return for security A is

= Respective Return × respective probability

= (0.3 × 7) + (0.5 × 12) + (0.2 × 17)

= 11.50%

hence, the expected return for security A is 11.50%

We simply applied the above formula so that the correct value could come

And, the same is to be considered

A machine operates with the following production cycle:

29 minutes of setup, 90 minutes of production. While in production, the machine produces 4 parts per minute.

Required:
What is the capacity of the machine in parts per minute?

Answers

Answer:

The capacity of the machine in parts per minute is 3 parts per minute

Explanation:

The Total time = 29 + 90

The Total time = 119 minutes

Total production = 4*90

Total production = 360 units

The capacity = 360/119

The capacity = 3.02521

The capacity = 3 parts per minute

Thus, the capacity of the machine in parts per minute is 3 parts per minute

..............................

Answers

.............................. .......... ..........

Consider the economy of Athenia. In 2018, Athenia has a GDP of $100 billion and a net national debt of $50 billion. Over the next 5 years, Athenia experiences economic growth, increasing its GDP to $120 billion in 2023. During the same 5 year period, the net national debt increases to $55 billion. Calculate Athenia's debt ratio for 2018 and 2023.

Answers

Answer:

2018 50 %

2023 45.8%

Explanation:

Calculation for Athenia's debt ratio for 2018 and 2023

Calculation for 2018 Athenia’s debt ratio using this formula

2018 Athenia’s debt ratio=2018 Net national debt/2018 GDP

Let plug in the formula

2018 Athenia’s debt ratio= ( $50 billion/$100 billion)

2018 Athenia’s debt ratio =50 %

Calculation for 2023 Athenia’s debt ratio Using this formula

2023 Athenia’s debt ratio=2023 Increase in Net national debt/2023 Increase in GDP

Let plug in the formula

2023 Athenia ‘s debt ratio ($55 billion/$120 billion )

2023 Athenia ‘s debt ratio=45.8%

Therefore Athenia's debt ratio for 2018 will be $50% and 2023 will be 45.8%

Which of the following assumptions would cause the constant growth stock valuation model to be invalid? The growth rate is zero. The growth rate is negative. The required rate of return is greater than the growth rate. The required rate of return is more than 50%. None of the above assumptions would invalidate the model. -Select-

Answers

Answer:

e. None of the above assumptions would invalidate the model

Explanation:

Incomplete question "The constant growth model is given below: P0 = [D0(1 + g)]/[(rs - g)]"

According to dividend discount model,  

P0 = D1/(R-G)

D1 - Dividend at t =1

R - Required rate

G - Growth rate

This would be invalid if R < G. In other words, Dividend growth model will be invalid in only one situation, that is, when growth rate is more than require return. In this situation growth model cannot be used.

You purchased 1,400 shares of Barrett Golf Corp. stock at a price of $19.00 per share. While you owned the stock, you received dividends totaling $0.55 per share. Today, you sold your stock at a price of $21.00 per share. What was your total dollar return on the investment?

Answers

Answer:

$3,570

Explanation:

We can calculate this by first totaling the different gains and then adding them together. The first type of gain would be from the dividend payments, which since they total $0.55 per share we simply multiply this value by the total number of shares.

$0.55 * 1,400 = $770

The next gain that was obtained was from selling at a higher price than at what the shares were purchased. You sold at a $2 per share profit ($21 - $19)...

$2.00 * 1,400 = $2,800

Now that we have both types of gains we simply add them together to find the total dollar value return

$770 + $2,800 = $3,570

Identify a way in which an organization can promote fairness and reduce political behavior in the appraisal system.

Answers

Answer: Train managers to use the appraisal process.

Explanation:

An appraisal system is a reward system, which sets to evaluate the progress of staff, and either promote them or demote them based on their performance. It is important to consider avoiding sentiment when doing this, as it would ruin the effots of the staff and affect work flow. It is advisable that managers should stick to the appraisal methods, and avoid any form of bias that may set in, the best way would be to train managers before appraisal, and carry out a test on them, to know their sense of judgement.

Can anyone help me
What is more important than ability in making a good employee?
A. Education
B. Integrity
C. Family history
D. Salary

Answers

It’s either A or B I think

The more important than ability in making a good employee is the  education. Thus, option (a) is correct.

What is employee?

The term employee refers to the work in the company to earn the money. The employee is the provided the services to the company with exchange of the salary. The employees are the work with the unity are the increased the wealth of the company.

According to the employee, are the significant ability to the education. The education refers to the gaining knowledge and learning the new things. The person can earn money as they need to education. The education is level wise and based on capacity of the revised knowledge of the student. The education is included a basic necessity of the people.

As a result, the more significant than ability in making a good employee is the education. Therefore, option (a) is correct.

Learn more about on employee, here:

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Concord Company sells many products. Gizmo is one of its popular items. Below is an analysis of the inventory purchases and sales of Gizmo for the month of March. Concord Company uses the periodic inventory system.

Answers

Answer:

the numbers are missing, so I looked for a similar question:

Purchases Sales Units Unit Cost Units Selling Price/Unit

3/1 Beginning inventory 100 $40

3/3 Purchase 60 $50

3/4 Sales 60 $80

3/10 Purchase 200 $55

3/16 Sales 70 $90

3/19 Sales 90 $90

3/25 Sales 60 $90

3/30 Purchase 40 $60

the requirements are:

calculate COGS and ending inventory under FIFO, LIFO and weighted average.

since this company uses the periodic inventory level we must first determine the total cost of goods available for sale:

3/1 Beginning inventory 100 $40

3/3 Purchase 60 $50

3/10 Purchase 200 $55

3/30 Purchase 40 $60

total goods available for sale = 400 units, at a total cost of $20,400

total units sold = 60 + 70 + 90 + 60 = 280 units

ending inventory  = 120 units

under FIFO:

ending inventory = (40 x $60) + (80 x $55) = $6,800

COGS = $20,400 - $6,800 = $13,600

under LIFO:

ending inventory = (100 x $40) + (20 x $50) = $5,000

COGS = $20,400 - $5,000 = $15,400

under weighted average:

ending inventory = ($20,400 / 400) x 120 = $6,120

COGS = $20,400 - $6,120 = $14,280

ILL GIVE BRAINLIEST!! HELP ASAP!!


Type the correct answer in the box. Spell all words correctly.

Which source of funds refers to the money raised by corporations through stock markets?

_______ refers to the money raised by corporations through stock markets?

Answers

Answer:

Equity Capital or equity funding refers to the money raised by corporations through stock markets

Explanation:

Answer: Capital Market

Explanation: plato

Gugenheim, Inc., has a bond outstanding with a coupon rate of 7.7 percent and annual payments. The yield to maturity is 8.9 percent and the bond matures in 17 years. What is the market price if the bond has a par value of $2,000?

Answers

Answer:

Bond price= $1,793.62

Explanation:

Giving the following information:

Face value= $2,000

Number of periods= 17

Cupon rate= 0.077

YTM= 0.089

To calculate the price of the bond, we need to use the following formula:

Bond Price​= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]

Bond Price​= 154*{[1 - (1.089^-17)] / 0.089} + [2,000/1.089^17)

Bond Price​= 1,324.21 + 469.41

Bond price= $1,793.62

Project ____ management has to do with project information being created, compiled, and dissiminated g

Answers

Answer:

scope

Explanation:

Project scope management can be regarded as a process of acquiring information, as well as documentation of the task, goals of the project and all activities that involves in starting a project. It involves paying attention to the features of the product that one is working von so it can meet the requirements of the stakeholders.It should be noted that Project scope management has to do with project information being created, compiled, and dissiminated.

On March 1, 2020, Parnevik Company sold goods to Goosen Inc. for $660,000 in exchange for a 5-year, zero-interest-bearing note in the face amount of $1,062,937 (an inputed rate of 10%). The goods have an inventory cost on Parnevik's books of $400,000.

Required:
Prepare the journal entries for Parnevik on (a) March 1, 2020, and (b) December 31, 2020.

Answers

Answer:

Parnevik Company

Journal Entries:

(a) March 1, 2020

Debit Notes Receivable (Goosen Inc.) $660,000

Credit Sales Revenue $660,000

To record the sale of goods in exchange for a 5-year, zero-interest-bearing note in the face amount of $1,062,937.

Debit Cost of Goods Sold $400,000

Credit Inventory $400,000

To record the cost of goods sold.

(b) December 31, 2020:

Debit Interest Receivable (Goosen Inc.) $55,000

Credit Interest Revenue $55,000

To record the interest receivable for 10 months on the note.

Explanation:

The sale of goods will be recorded net of the interest.  Interest Receivable from Goosen Inc. will be accumulated until when it is settled by Goosen Inc. at the end of the note's 5-year life.  By that time, the interest must have accumulated to $402,937 compounded yearly.

PLEASE HELP!

Your family purchased new living room furniture on credit at the store, which is a simple interest loan. If your family paid $300.00 in interest on the principal of $1,000.00
over 5 years, what was the rate of the loan?
1.) 6%
2.) 8%
3.) 4%
4.) 2%

Answers

6 times 5 is 30 the answer would be 6%

A young engineer wishes to become a millionaire by the time she is 65 years old. She plans to make annual deposits, beginning on her 25th birthday and continuing through her 64th birthday.

Assume that she can obtain a 8% rate of return per year. How much should each annual deposit be?

a. $2160
b. $2675
c. $3110
d. $3575

Answers

Answer:

Annual deposit= $3,860.16

Explanation:

Giving the following information:

Future Value (FV)= $1,000,000

Number of peridos= 40 years

Interest rate (i)= 8%= 0.08

To calculate the annual deposit, we need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= (1,000,000*0.08) / [(1.08^40) - 1]

A= $3,860.16

If the young engineer can obtain an 8% rate of return per year on her deposits, she can make an annual deposit of d. $3575 to become a millionaire in 40 years from her 25th birthday.

Data and Calculations:

Future deposit expected = $1,000,000

Period of savings = 40 years (64 - 24)

Interest rate per year = 8%

Annual deposit = $3,575 (calculated below)

N (# of periods)  40

I/Y (Interest per year)  8

PV (Present Value)  0

FV (Future Value)  1000000

Results:

PMT = $3,574.22

Sum of all periodic payments $142,968.94

Total Interest $857,031.06

Thus, by the end of 40 years, the young engineer will become a millionaire if she deposits $3,575 annually with an interest of 8% per year.

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